Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU offers relief on reporting deadlines for funds in pandemic
LONDON (Reuters) - Investment funds should not face enforcement action by their national regulators for failing to meet reporting deadlines during the pandemic crisis, the European Union's markets wat...
Apr 09, 2020
Swiss amend bankruptcy laws to protect firms hit by coronavirus crisis
ZURICH (Reuters) - The Swiss government will look at temporarily changing its bankruptcy laws to protect companies hit by cash-flow problems and mounting debts during the coronavirus crisis, it said o...
Apr 09, 2020
ECB’s Lagarde: let’s not get fixated on coronabonds
PARIS (Reuters) - Europe should not get hung up on the idea of issuing coronabonds through a specially created European rescue fund, ECB President Christine Lagarde said in a newspaper interview publi...
Apr 09, 2020
UK watchdog to add car finance to pandemic loan relief measures
LONDON (Reuters) - The Financial Conduct Authority said on Thursday it would add car financing to the temporary relief measures aimed at supporting households facing sudden financial hardship as resul...
Apr 09, 2020
German exports rose in February, but China trade slowed on virus
BERLIN (Reuters) - German exports rose in February but trade with China slowed sharply as Europe's largest economy felt the initial effects of the coronavirus pandemic, the Federal Statistics Office s...
Apr 09, 2020
UK government expands overdraft with Bank of England
LONDON (Reuters) - Britain's government said it had expanded its overdraft with the Bank of England, known as the Ways and Means facility, to ensure it had access to funds in case COVID-19 disruption ...
Apr 09, 2020
UK economy struggled before coronavirus crisis escalated
LONDON (Reuters) - Britain's economy was almost stagnant in the three months to February, before the coronavirus crisis escalated and pushed the country into what is likely to be a severe recession, o...
Apr 09, 2020
Italy may sell more debt to domestic retail investors: paper
MILAN (Reuters) - Italy may issue additional debt targeting domestic retail investors to boost liquidity during the coronavirus emergency regardless of the outcome of talks at the European level, the ...
Apr 09, 2020
China plans to make it easier for foreign life insurers to buy domestic firms: sources
By Sumeet Chatterjee HONG KONG (Reuters) - China plans to make it easier for foreign life insurers to make controlling acquisitions and large equity investments in domestic peers, five people with kno...
Apr 09, 2020
Nissan seeks $4.6 billion credit line after coronavirus hit: Nikkei
TOKYO (Reuters) - Nissan Motor has requested a 500 billion yen ($4.6 billion) commitment line from major lenders after sales were battered by the coronavirus outbreak, the Nikkei business daily report...
Apr 09, 2020
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