Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan to consider deficit-covering bonds to fund coronavirus stimulus: Finance Minister
TOKYO (Reuters) - Japan's government will consider issuing deficit-covering bonds to fund a massive stimulus package, to be decided next week, to respond to the economic fallout from the coronavirus p...
Apr 02, 2020
Exclusive: Neiman Marcus advances bankruptcy preparations – sources
By Jessica DiNapoli and Mike Spector NEW YORK (Reuters) - Neiman Marcus Group is stepping up preparations to seek bankruptcy protection, after the coronavirus pandemic forced the debt-laden U.S. luxur...
Apr 02, 2020
Cathay Pacific to make further cuts to flights: internal memo
SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd will make further cuts to passenger capacity due to extremely low demand for flights, leaving it with just two flights a week each to four des...
Apr 02, 2020
Aussie and kiwi may be past the worst, if analysts right: Reuters poll
By Wayne Cole SYDNEY (Reuters) - Analysts think the worst may already be over for the hard-hit Australian and New Zealand dollars and see them slowly regaining ground over the year ahead, a surprising...
Apr 02, 2020
Japan to decide coronavirus measures early next week: Economy Minister
TOKYO (Reuters) - Japan's government is aiming to decide on a package of economic measures in the first half of next week in response to the coronavirus pandemic, Economy Minister Yasutoshi Nishimura ...
Apr 02, 2020
Trump says 3M ‘will have a big price to pay’ over face masks
WASHINGTON (Reuters) - U.S. President Donald Trump slammed 3M Co in a tweet late on Thursday after earlier announcing he was invoking the Defense Production Act to get the company to produce face mask...
Apr 02, 2020
Airbnb lowers internal valuation to $26 billion as coronavirus hits bookings: FT
(Reuters) - Airbnb lowered its internal valuation by 16% to $26 billion, as the home rental firm deals with a sharp drop in bookings due to the global spread of the coronavirus pandemic, the Financial...
Apr 02, 2020
Dollar strength consolidates as global recession looms
By Tom Westbrook SINGAPORE (Reuters) - The dollar edged toward an almost 2% weekly rise on Friday, boosted by a surge in the oil price and as investors sought safety amid the worsening economic fallou...
Apr 02, 2020
Sterling to regain some lost ground but forecasts slashed: Reuters poll
By Jonathan Cable LONDON (Reuters) - Britain's pound will have regained some of its lost ground against the dollar in a year but forecasts in a Reuters poll were slashed from a month ago as the corona...
Apr 02, 2020
Samsung Electronics shuts U.S. factory after two coronavirus cases
SEOUL (Reuters) - Samsung Electronics said on Friday that it has suspended its home appliance factory in the United States after two of its workers had tested positive for coronavirus. The South Korea...
Apr 02, 2020
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