Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
G7 leaders committed to doing whatever it takes to ensure economies rebound: Canada
OTTAWA (Reuters) - The leaders of the Group of Seven industrialized nations on Thursday reaffirmed their pledge to take all necessary steps to ensure their economies recover from the coronavirus outbr...
Apr 16, 2020
Sales drop at Vuitton owner LVMH as virus forces store closures
PARIS/MILAN (Reuters) - Louis Vuitton owner LVMH on Thursday posted a 17% drop in comparable sales in the first quarter due to the coronavirus outbreak, as lockdowns imposed in Europe and elsewhere fo...
Apr 16, 2020
Argentine black market peso hits low, risk rises before debt proposal
By Cassandra Garrison and Walter Bianchi BUENOS AIRES (Reuters) - Argentina's black market peso and its official currency both hit new lows on Thursday ahead of the country's long-anticipated offer to...
Apr 16, 2020
IMF’s Georgieva underscores need to help emerging markets, reverse capital outflow
WASHINGTON (Reuters) - International Monetary Fund chief Kristalina Georgieva on Thursday urged governments and the private sector to do all they can to help emerging markets and developing countries ...
Apr 16, 2020
EU ministers to back looser rules to keep bank credit flowing to economy
BRUSSELS (Reuters) - European Union finance ministers are set to endorse a loosening of rules to allow banks to keep credit flowing to the economy as the coronavirus epidemic stifles business activity...
Apr 16, 2020
U.S. telling lenders small business fund to run dry imminently: source
WASHINGTON (Reuters) - The U.S. Small Business Administration is telling lenders a $350 billion emergency loan program for small businesses designed to help them keep workers on their payrolls is expe...
Apr 16, 2020
New lira curbs to boost Turkish FX reserves but at longer-term price
By Karin Strohecker LONDON (Reuters) - Turkey's latest squeeze of its $37 billion-a-day London lira market may succeed in boosting scarce hard currency reserves but analysts say it will not stem the l...
Apr 16, 2020
Lagardere may get help from allies in fight with Amber Capital
PARIS (Reuters) - Lagardere shares rose as much as 12% on Thursday after Les Echos reported the French multimedia conglomerate could get help from French tycoon Vincent Bollore and Marc Ladreit de Lac...
Apr 16, 2020
OECD’s Gurria says global economy probably in contraction
PARIS (Reuters) - The impact of the coronavirus outbreak is making economic forecasting highly uncertain, though the global economy is probably in contraction, OECD chief Angel Gurria said on Thursday...
Apr 16, 2020
IMF steering committee says will review adequacy of IMF resources
WASHINGTON (Reuters) - The steering committee of the International Monetary Fund on Thursday said it would continue to review the adequacy of the global lender's resources as it works to help its 189 ...
Apr 16, 2020
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