Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan’s $1 trillion coronavirus stimulus to lift GDP by 3.8%: Abe
TOKYO (Reuters) - Japan's coronavirus emergency economic stimulus should boost the country's real gross domestic product by 3.8%, Prime Minister Shinzo Abe said on Wednesday at the end of a meeting of...
Apr 15, 2020
EU eyes mass investment through next budget to restart growth
BRUSSELS (Reuters) - The European Union's next long-term budget should be used to sponsor economic recovery after the coronavirus pandemic, the heads of the bloc's Brussels-based institutions said on ...
Apr 15, 2020
India’s monsoon rains seen average in 2020: weather office
By Rajendra Jadhav and Mayank Bhardwaj MUMBAI/NEW DELHI (Reuters) - India is likely to receive average monsoon rains this year, the state-run weather office said on Wednesday, raising expectations of ...
Apr 15, 2020
Exclusive: Aramco offers struggling refiners sweeter terms for crude
By Ron Bousso and Nidhi Verma LONDON/NEW DELHI (Reuters) - Saudi Aramco has offered oil refineries in Asia and Europe the option to defer payments for crude cargo deliveries by up to 90 days as plants...
Apr 15, 2020
Bosses at commercial vehicle group CNH take pay cuts in show of solidarity
MILAN (Reuters) - Top executives and board members at commercial vehicle maker CNH Industrial will take voluntary pay cuts in an act of solidarity with the group's workforce during the coronavirus cri...
Apr 15, 2020
Euro banks getting 20 bln euro capital relief from macro regulators: ECB
FRANKFURT (Reuters) - Euro area banks are getting capital relief worth 20 billion euros ($21.9 billion) from the easing of macroprudential requirements by national supervisors around the bloc, the Eur...
Apr 15, 2020
UK benefits claims still running above normal, says senior government official
LONDON (Reuters) - The rate of new claims for benefits in Britain has slowed but is still running above the normal level, Department for Work and Pensions Director General Neil Couling said on Wednesd...
Apr 15, 2020
UK lenders provide 1.1 billion pounds in emergency COVID loans
LONDON (Reuters) - Britain's banks have provided 1.115 billion pounds ($1.39 billion) in emergency loans to small and medium-sized companies under a government-backed scheme to help businesses survive...
Apr 15, 2020
Bank of Italy warns virus crisis may tip some smaller banks over the edge
ROME (Reuters) - Italian banks have a solid liquidity and capital position to face the coronavirus crisis but some smaller lenders may not be able to sustain its impact, the central bank warned on Wed...
Apr 15, 2020
China first-quarter FDI plunges 10.8% year-on-year in yuan terms as virus bites
BEIJING (Reuters) - Foreign direct investment (FDI) into China fell 10.8% in January-March to 216.19 billion yuan ($30.62 billion) compared with a year earlier, dragged down by the coronavirus pandemi...
Apr 15, 2020
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