Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Irish recipients of coronavirus wage subsidy surpass 200,000
DUBLIN (Reuters) - Over 200,000 Irish workers are now in receipt of a new wage subsidy scheme, Finance Minister Paschal Donohoe said on Friday, meaning the state is supporting nearly 30% of the labour...
Apr 10, 2020
Lufthansa’s Belgian carrier to receive state aid – media
By Marine Strauss BRUSSELS (Reuters) - Brussels Airlines, a Lufthansa subsidiary, will receive state aid, its president Etienne Davignon told Belgian newspaper La Libre Belgique as airlines around the...
Apr 10, 2020
Kering luxury goods billionaire Pinault agrees to pay cut
PARIS (Reuters) - Franois-Henri Pinault, the French billionaire chairman and CEO of luxury goods group Kering , has agreed to a pay cut in the latest example of top executives accepting lower salaries...
Apr 10, 2020
France has earmarked 20 billion euros for corporate bailouts: finance minister
PARIS (Reuters) - The French government has set aside 20 billion euros ($21.7 billion) to help big companies that need their capital base shored up by the state, Finance Minister Bruno Le Maire said o...
Apr 10, 2020
Japan auto industry seeks to avoid suspending operations, but worker safety priority
TOKYO (Reuters) - Japan's car industry will try to avoid suspending operations during the coronavirus pandemic, but worker safety takes priority, said its automakers' association, adding the industry ...
Apr 10, 2020
China says its trade faces unprecedented challenges due to coronavirus
BEIJING (Reuters) - China's foreign trade faces unprecedented challenges due to the coronavirus epidemic that has spread to more than 200 countries, China's assistant commerce minister said on Friday,...
Apr 10, 2020
Renault chairman: could seek 4-5 billion euros worth of bank loans
PARIS (Reuters) - Renault Chairman Jean-Dominique Senard said on Friday that the carmaker could seek bank loans worth 4-5 billion euros ($4.4-$5.4 billion). "It could be in that sort of region," Senar...
Apr 10, 2020
Japan’s battle with pandemic may mark end of Abe’s fiscal experiment
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - The huge cost of the coronavirus pandemic is upending Japan's seven-year experiment to rescue the economy from its debt timebomb, as recession f...
Apr 10, 2020
Japan finmin: not considering at all asking BOJ to finance debt
TOKYO (Reuters) - Japan's government is not considering at all asking the Bank of Japan now to finance its debt boosted by stimulus to contain the economic fallout from the coronavirus, Finance Minist...
Apr 10, 2020
Japan sees 51 coronavirus-related bankruptcies
TOKYO (Reuters) - The coronavirus pandemic has pushed 51 Japanese companies into bankruptcy with a spike in new cases seen in April, Tokyo Shoko Research said on Friday, underscoring the toll the heal...
Apr 10, 2020
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