Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
As death toll soars, UK finance minister warns economy could shrink by 30% – report
By Estelle Shirbon LONDON (Reuters) - Britain's finance minister has told colleagues the economy could shrink by up to 30% this quarter because of the coronavirus lockdown, a newspaper reported, as th...
Apr 13, 2020
India, Pakistan plan to restart some economic activity during coronavirus lockdown
By Sanjeev Miglani and Asif Shahzad NEW DELHI/ISLAMABAD (Reuters) - India and Pakistan are planning to partially open up some parts of the economy, officials in the two countries said on Monday, as th...
Apr 13, 2020
India MPC minutes reiterate focus on mitigating COVID-19 risks to economy
By Swati Bhat MUMBAI (Reuters) - The impact of the novel coronavirus outbreak on the Indian economy would depend on the depth, duration and diffusion of the crisis, the Reserve Bank of India said in t...
Apr 13, 2020
One in five Kazakhs seek state aid over coronavirus emergency
ALMATY (Reuters) - Some 3.7 million Kazakhs, or 20% of the oil-exporting Central Asian nation's population, have applied for financial aid offered by the government because of the novel coronavirus ou...
Apr 13, 2020
China’s exports slump seen extending to March as coronavirus ravages global economy: Reuters poll
BEIJING (Reuters) - The slump in China's exports is expected to have extended into March while a collapse in oil price likely deepened a decline in imports, a Reuters poll showed, as the coronavirus c...
Apr 13, 2020
China in the driver’s seat amid calls for Africa debt relief
By Joe Bavier, Cheng Leng and Andrea Shalal JOHANNESBURG/BEIJING/WASHINGTON (Reuters) - Support is growing for debt relief to help the world's poorest, indebted nations - most of them in Africa - conf...
Apr 13, 2020
UAE central bank urges commercial lenders to use stimulus scheme
DUBAI (Reuters) - The United Arab Emirates (UAE) central bank has urged commercial lenders to use the $70 billion-worth of capital and liquidity measures launched by the regulator to support the econo...
Apr 13, 2020
Factbox: Coronavirus spread closes North American meat plants
CHICAGO (Reuters) - Major meat companies in the United States and Canada have closed plants temporarily due to cases of the new coronavirus and concerns about its spread. Here are some facilities that...
Apr 13, 2020
Pandemic or not, cheaper dollar hedging to bolster U.S. inflows
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The coronavirus pandemic has slashed costs for foreign investors seeking to neutralize the currency exposure of owning dollar-denominated assets, makin...
Apr 13, 2020
In oil market sunk by coronavirus, giant output cuts make ripple, not big waves
By Florence Tan SINGAPORE (Reuters) - Muted oil price gains on Monday show record output cuts by giant producers will still leave them with a mountain to climb to restore market balance, industry watc...
Apr 12, 2020
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