Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Australia consumer sentiment collapses to 30-year low on recession risks
By Swati Pandey SYDNEY (Reuters) - A measure of Australian consumer sentiment collapsed in April to a 30-year low as social distancing restrictions due to the coronavirus pandemic threatened to push t...
Apr 14, 2020
Chinese airlines report $4.8 billion loss in first quarter as virus erodes travel demand
BEIJING (Reuters) - Chinese airlines reported a total loss of 33.62 billion yuan ($4.8 billion) in the first quarter as the coronavirus pandemic hit travel demand, the aviation regulator said on Wedne...
Apr 14, 2020
Trump’s name to be on stimulus checks going to Americans: Washington Post
WASHINGTON (Reuters) - The U.S. Treasury Department has ordered President Donald Trump's name to be printed on checks the Internal Revenue Service is planning to send to tens of millions of Americans,...
Apr 14, 2020
Trump says close to plan to reopen economy possibly, in part, before May 1
By Jeff Mason and Alexandra Alper WASHINGTON (Reuters) - President Donald Trump said on Tuesday he is close to completing a plan to end the coronavirus shutdown and reopen the battered U.S. economy wi...
Apr 14, 2020
China central bank will conduct medium-term lending facility operation on Wednesday: sources
SHANGHAI (Reuters) - China's central bank will conduct medium-term lending facility (MLF) operations on Wednesday, traders with direct knowledge of the matter said. There is no MLF loans due to expire...
Apr 14, 2020
Glade Brook pitches ‘extraordinary opportunity’ in tech debt amid coronavirus
By Lawrence Delevingne and Joshua Franklin BOSTON/NEW YORK (Reuters) - Glade Brook Capital Partners LLC, the venture capital firm led by Paul Hudson, is pitching a new fund to investors targeting the ...
Apr 14, 2020
Oil rallies on hopes for unprecedented stockpile purchases
TOKYO (Reuters) - Benchmark U.S. crude rose more than 3% in early trade on Wednesday, recovering from a 10% slump the previous session on hopes for purchases by consumer countries for their strategic ...
Apr 14, 2020
Dollar nurses losses as hopes of pandemic peak support risk appetite
By Stanley White TOKYO (Reuters) - The dollar nursed losses on Wednesday as investors cautiously returned to riskier currencies after U.S. President Donald Trump edged toward rolling back some restric...
Apr 14, 2020
U.S. self-driving car startup Zoox agrees to settle lawsuit with Tesla
(Reuters) - Zoox Inc said on Tuesday it had settled a lawsuit with Tesla Inc after admitting that some new hires from the electric carmaker were in possession of certain Tesla documents when they join...
Apr 14, 2020
Asian stocks seen retreating from 1-month high as investors reconsider risk
By Koh Gui Qing NEW YORK (Reuters) - Asian shares looked set to pull back from a one-month high on Tuesday, as warnings of a deep recession dampened investor optimism that the slowing spread of the co...
Apr 14, 2020
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