Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Merkel says no to ‘coronabonds’
BERLIN (Reuters) - Chancellor Angela Merkel on Thursday rejected demands by Italy for common euro zone bonds to mitigate the economic impact of the coronavirus pandemic, adding that Germany would back...
Apr 09, 2020
Fed will continue to act ‘forcefully, proactively and aggressively,’ Powell says
By Lindsay Dunsmuir and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) - The Federal Reserve will continue to use all the tools at its disposal until the U.S. economy begins to fully rebound from the h...
Apr 09, 2020
IMF chief says engaged with all members including Turkey
WASHINGTON (Reuters) - The International Monetary Fund remains engaged with all members, including Turkey, as they respond to the new coronavirus pandemic sweeping the globe, IMF Managing Director Kri...
Apr 09, 2020
U.S. Treasury’s Mnuchin says airline aid ‘next big thing’ to be rolled out
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Thursday that aid for airlines will be the "next big thing" to be rolled out after the Federal Reserve announced new lending backs...
Apr 09, 2020
U.S. small business rescue loans to be allocated zero percent risk weight, regulators say
WASHINGTON (Reuters) - Bank loans made under a Congressional small business rescue program will be allocated a zero percent risk weight, federal banking regulators said on Thursday, in a move that sho...
Apr 09, 2020
U.S. producer prices fall in March
WASHINGTON (Reuters) - U.S. producer prices fell in March, with the cost of goods dropping by the most since 2015, and further declines are likely as the novel coronavirus weighs on demand for energy ...
Apr 09, 2020
UK’s NIESR sees 15-25% fall in GDP in second quarter due to coronavirus
LONDON (Reuters) - British economic output could shrink by as much as a quarter during the April-June period after a 5% fall in the first three months of the year, forecasters at the National Institut...
Apr 09, 2020
Alphabet soup: How will post-virus economic recovery shape up?
By Dhara Ranasinghe and Ritvik Carvalho LONDON (Reuters) - Will be it a U? A V? Maybe a W? Predictions for economic recovery after coronavirus-linked lockdowns are throwing up a medley of letters to i...
Apr 09, 2020
UK retailer Debenhams enters administration again
LONDON (Reuters) - British department store group Debenhams, whose 142 UK stores have been shuttered by the coronavirus emergency, has fallen into administration for the second time in a year, it said...
Apr 09, 2020
Morgan Stanley CEO James Gorman has recovered from COVID-19
(Reuters) - Morgan Stanley's Chief Executive Officer James Gorman said he has fully recovered from the illness caused by the novel coronavirus, according to a video that was sent to the bank's employe...
Apr 09, 2020
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