Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Facebook’s Libra cryptocurrency revamped after backlash
By Brenna Hughes Neghaiwi and Tom Wilson ZURICH/LONDON (Reuters) - Facebook's planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled...
Apr 16, 2020
Starboard withdraws nominations to eBay board
(Reuters) - Activist investor Starboard is withdrawing its nominations to eBay Inc's board after the e-commerce company appointed Walmart executive Jamie Iannone as its chief executive officer, the fi...
Apr 16, 2020
Measures to control coronavirus weigh on U.S. homebuilding
WASHINGTON (Reuters) - U.S. homebuilding fell by the most in 36 years in March amid a broad decline in activity, offering further evidence that the economy was buckling under the weight of drastic mea...
Apr 16, 2020
Thai retailers find new ways to sell amid coronavirus outbreak
By Chayut Setboonsarng BANGKOK (Reuters) - Thai retailers have resorted to a mix of alternative sales strategies like drive-throughs and calling up customers direct to generate business as malls and a...
Apr 16, 2020
BoE’s Tenreyro sees ‘extremely large’ hit from COVID-19
LONDON (Reuters) - Britain is likely to suffer an "extremely large" hit to spending in the economy because of the lockdown to slow the spread of the coronavirus and the Bank of England will only be ab...
Apr 16, 2020
Turkish fruit, vegetable farmers wary as closed borders slice prices
By Ceyda Caglayan ISTANBUL (Reuters) - A sharp drop in the price of fruits and vegetables could force Turkish farmers to trim output this spring as the coronavirus pandemic slows exports and reduces t...
Apr 16, 2020
Mexican president says govt to concentrate public money disbursements in May and June
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador on Thursday said his government would concentrate disbursement of public money to stimulate the economy in May and June to mitigat...
Apr 16, 2020
Canadian manufacturing sales edge up 0.5% in February despite rail blockades, COVID-19
By Kelsey Johnson OTTAWA (Reuters) - Canadian factory sales rose by a surprise 0.5% in February, following five months of declines, even as rail blockades and the global coronavirus outbreak affected ...
Apr 16, 2020
Exclusive: Hedge fund Elliott says stocks could fall 50% from February highs – letter
By Lawrence Delevingne and Svea Herbst-Bayliss BOSTON (Reuters) - Billionaire Paul Singer's Elliott Management said global stocks could tumble more -- ultimately losing half of their value from Februa...
Apr 16, 2020
Column: Dropping Medicare age to 60? No more than a start in the right direction
By Mark Miller CHICAGO (Reuters) - In what now seems like a galaxy far, far away, Republican lawmakers routinely talked up the idea of raising the Medicare eligibility age from 65 to 67. In fact, we w...
Apr 16, 2020
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