Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Irish coronavirus-hit firms can tap extra 1 billion euros of liquidity
DUBLIN (Reuters) - Ireland has made an additional 1 billion euros in liquidity support available to firms reeling from the coronavirus lockdown of the economy, Business Minister Heather Humphreys said...
Apr 08, 2020
Exclusive: Venezuela gasoline shortages worsen as U.S. tells firms to avoid supply – sources
By Marianna Parraga, Luc Cohen and Matt Spetalnick (Reuters) - Gasoline shortages in Venezuela are worsening after U.S. officials have told foreign firms to refrain from supplying the fuel to the sanc...
Apr 08, 2020
U.S. crude and fuel stocks soar as demand craters due to pandemic: EIA
By David Gaffen (Reuters) - U.S. crude oil stockpiles soared while fuel demand slumped last week, each by their most in one week ever, government data showed on Wednesday, as the U.S. oil industry fel...
Apr 08, 2020
Exclusive: Second India coronavirus stimulus to focus on aid to small business
By Manoj Kumar and Aftab Ahmed NEW DELHI (Reuters) - A second stimulus package India is poised to announce in coming days will be worth around 1 trillion rupees ($13 billion) and focus on help for sma...
Apr 08, 2020
Factbox: Europe eyes world’s biggest fiscal support package against coronavirus
BRUSSELS (Reuters) - European Union governments and institutions are likely to agree on Thursday on steps that could boost the EU's fiscal response to the coronavirus pandemic to 3.2 trillion euros, t...
Apr 08, 2020
U.S. companies criticized for cutting jobs rather than investor payouts
By Alwyn Scott, Ross Kerber, Jessica DiNapoli and Rebecca Spalding NEW YORK/BOSTON (Reuters) - U.S. companies laying off workers in response to the coronavirus pandemic but still paying dividends and ...
Apr 08, 2020
Factbox: Short-time work schemes gain traction in crisis-hit Europe
(Reuters) - European policymakers are pushing short-time work schemes as a way to mitigate the fallout from the coronavirus, emulating a policy tool which helped Germany, Europe's largest economy, rec...
Apr 08, 2020
JetBlue seeks government permission to suspend flying at some airports as demand drops
CHICAGO (Reuters) - JetBlue Airways Corp said on Wednesday it is consolidating flights in five U.S. metropolitan areas into just one or two airports and also asking the U.S. Department of Transportati...
Apr 08, 2020
U.S. Treasury chief says aiming for details of mid-size company loans this week
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday he hoped to announce a new "Main Street" lending program for mid-size companies this week and defended the rollout of a ...
Apr 08, 2020
GM to supply 30,000 ventilators in $500 million U.S. contract
(Reuters) - The United States on Wednesday awarded automaker General Motors Co a contract worth $489.4 million to make ventilators needed to treat severely sick coronavirus patients. The Department of...
Apr 08, 2020
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