Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Belgian economy could shrink 8% in 2020 due to coronavirus measures
By Philip Blenkinsop BRUSSELS (Reuters) - The Belgian economy could contract by 8% this year due to measures to contain the coronavirus before a sharp rebound in 2021, the country's central bank and n...
Apr 08, 2020
Pelosi, Schumer back emergency business funds amid coronavirus
WASHINGTON (Reuters) - Democratic leaders in Congress on Wednesday threw their support behind interim emergency funding a day after the Trump administration asked U.S. lawmakers for another $250 billi...
Apr 08, 2020
Factbox: EU push for more coronavirus economic rescue hits the rocks
BRUSSELS (Reuters) - European Union finance ministers failed to break a deadlock in all-night talks on more support for their coronavirus-hit economies, with north-south divisions flaring and strainin...
Apr 08, 2020
Finland adds 1 billion euros to crisis funding for companies
HELSINKI (Reuters) - Finland's government will add another 1 billion euros ($1.09 billion) to this year's budget of funding to help companies survive the economic blow of the coronavirus pandemic, Pri...
Apr 08, 2020
H&M borrows 980 million euros to boost liquidity buffer amid pandemic
STOCKHOLM (Reuters) - H&M , the world's second-biggest fashion retailer, said on Wednesday it had signed a 980 million euro ($1.1 billion) revolving credit facility to strengthen its liquidity buffer ...
Apr 08, 2020
Hong Kong unveils $17.7 billion in relief measures to help cushion impact of coronavirus
HONG KONG (Reuters) - Hong Kong announced relief measures totalling HK$137.5 billion ($17.7 billion) on Wednesday as it joins global efforts to offset the impact of coronavirus, which has taken a heav...
Apr 08, 2020
SoftBank-backed Oyo furloughs some U.S. workers as coronavirus hits revenue
BENGALURU (Reuters) - SoftBank-backed Oyo Hotels and Homes is furloughing some employees to cut costs, it said on Wednesday, as lower travel due to the coronavirus pandemic slams the hospitality indus...
Apr 08, 2020
Fiat Chrysler in talks with unions for production restart in Italy
By Giulio Piovaccari MILAN (Reuters) - Fiat Chrysler (FCA) and unions are discussing plans for beefed-up health measures at Italian plants to pave the way for most profitable production to restart as ...
Apr 08, 2020
Coronavirus rout spurs China investors to dividend plays
By Noah Sin HONG KONG (Reuters) - Wild swings in global equities markets are prompting brokers and fund managers to urge patience with a strategy still alien to many of China's momentum-driven stock i...
Apr 08, 2020
OECD says leading indicators flag biggest monthly drop on record
PARIS (Reuters) - Major economies are seeing the biggest monthly slump in activity ever amid the coronavirus crisis and no end is in sight without clarity about how long lockdowns will last, the Organ...
Apr 08, 2020
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