Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
JPMorgan profit plunges on coronavirus loan provisions
(Reuters) - JPMorgan Chase & Co reported a 68% slump in first-quarter profit on Tuesday as the coronavirus pandemic forced the largest U.S. bank to boost reserves to cushion it from a wave of potentia...
Apr 14, 2020
China’s stocks short-selling at a record high
SHANGHAI (Reuters) - The value of shares that investors in China's onshore stock markets have borrowed to sell short held close to record levels set last week, amid bearishness over the new coronaviru...
Apr 14, 2020
Wizz Air not considering plane deferrals, sees growth returning in 2022: CEO
LONDON (Reuters) - European low cost airline Wizz Air is not looking to defer any of the Airbus narrowbody planes it has on order even though it does not expect the market to grow again until 2022, it...
Apr 14, 2020
Johnson & Johnson cuts 2020 profit forecast on coronavirus uncertainty
(Reuters) - Johnson & Johnson on Tuesday cut its 2020 adjusted profit forecast, as the coronavirus outbreak causes uncertainty across global markets. The company now expects 2020 adjusted earnings per...
Apr 14, 2020
Investors stick to cash amid recession worries: BofA survey
LONDON (Reuters) - Investors have been hoarding cash at a rate not seen since the immediate aftermath of the attack on the World Trade Center in Sept 2001, BofA's April fund manager survey showed, as ...
Apr 14, 2020
Turkish Airlines extends flight cancellations until May 20
ANKARA (Reuters) - Turkish Airlines has extended the cancellation of international flights to May 20 from May 1 over the coronavirus outbreak, the airline said on Tuesday, adding that domestic flights...
Apr 14, 2020
Technical problems at Deutsche Boerse hit Vienna Stock Exchange trading
VIENNA (Reuters) - Trading on the Vienna Stock Exchange has been interrupted by technical problems at system provider Deutsche Boerse , the Austrian exchange said on Tuesday, and the German operator s...
Apr 14, 2020
Thai economy could lose over $40 billion if virus crisis goes beyond second quarter
BANGKOK (Reuters) - Thailand's economy is expected to lose 1.3 trillion baht (nearly $40 billion), almost all of it in the tourist sector, due to the initial impact of the coronavirus pandemic, a bank...
Apr 14, 2020
Top creditors agree moratorium on poorest countries debt: French finmin
PARIS (Reuters) - Major international creditors have agreed a moratorium on the poorest countries debt in response to the new coronavirus crisis, French Finance Minister Bruno Le Maire said on Tuesday...
Apr 14, 2020
Russia will not ask EU for sanctions relief over coronavirus: TASS cites foreign minister
MOSCOW (Reuters) - Russia is not intending to ask the European Union to lift sanctions due to the coronavirus outbreak, the TASS news agency cited Foreign Minister Sergei Lavrov as saying on Tuesday. ...
Apr 14, 2020
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