Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Explainer: How euro zone ‘coronabonds’ might work
BRUSSELS (Reuters) - The coronavirus pandemic has revived the acrimonious debate between euro zone countries about jointly issuing debt to meet healthcare needs and address the deep economic downturn ...
Apr 06, 2020
Zoom shares slip over security concerns, rising competition
(Reuters) - Shares of Zoom fell 9% on Monday, adding to their sharp declines in the past few days, as the video conferencing app battles privacy concerns and increased competition from deep-pocketed r...
Apr 06, 2020
Federal Reserve lowers community bank leverage ratio
WASHINGTON (Reuters) - The Federal Reserve announced Monday it was lowering the community bank leverage ratio to 8%, which would gradually rise back to 9% by 2022. The rule easing was ordered as part ...
Apr 06, 2020
Uber connects out-of-work U.S. ride-hail drivers to delivery, production jobs
By Tina Bellon (Reuters) - Uber Technologies Inc said on Monday its app will list job openings in the delivery, food production and grocery industry that can be accessed by its U.S. drivers who have b...
Apr 06, 2020
Fear gauges signal calmer trade as coronavirus deaths slow
LONDON (Reuters) - Major stock and currency fear gauges steadily declined over the last week from 2008 levels as a slowdown in the number of coronavirus-related deaths calmed investor nerves and incre...
Apr 06, 2020
China’s vehicle production to drop 11.5% this year: IHS Markit
BEIJING (Reuters) - China's light vehicle production will drop 11.5% this year to around 21.6 million vehicles and will rebound by 7.5% next year, research firm IHS Markit predicted on Monday. Product...
Apr 06, 2020
ILO annual gathering of labour ministers postponed for a year
GENEVA (Reuters) - An annual gathering of the world's labour ministers will not take place this year because of the coronavirus pandemic, but will convene in June 2021, the International Labour Organi...
Apr 06, 2020
IBM taps former Bank of America CTO to oversee cloud business
(Reuters) - International Business Machines Corp on Monday named former Bank of America Corp top technology executive Howard Boville head of its cloud business, as Arvind Krishna takes over from long-...
Apr 06, 2020
Allstate to return $600 million in auto premiums to customers as pandemic cuts driving
(Reuters) - U.S. insurer Allstate Corp said on Monday that it would return more than $600 million in auto insurance premiums to customers as many Americans stay home and drive less due to "shelter-in-...
Apr 06, 2020
Cemex to shut Mexico operations until at least April 30 due to coronavirus
MEXICO CITY (Reuters) - Mexican cement company Cemex will suspend its operations in the country until at least April 30 in line with government guidelines aimed at stopping the spread of coronavirus, ...
Apr 06, 2020
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