Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Cruise operator Carnival pays high price to get credit investors on board: sources
By Joshua Franklin (Reuters) - Carnival Corp , the world's largest cruise operator, raised $6.25 billion by issuing new debt and equity on Wednesday, borrowing at a high cost to weather the economic s...
Apr 01, 2020
Exclusive: Top U.S. banks may shun small-business rescue plan on liability worries – sources
By Pete Schroeder and David Henry WASHINGTON (Reuters) - Top U.S. banks have threatened to give the federal government's small-business rescue program a miss on concerns about taking on too much finan...
Apr 01, 2020
Almost all bets are off: casino capitals Macau, Las Vegas slammed by virus
By Farah Master HONG KONG (Reuters) - The vast, glitzy gaming halls of Macau are open, but thousands of baccarat tables are empty. The world's biggest gambling hub has barred entry to most travellers ...
Apr 01, 2020
Japan to consider ECMO support as part of coronavirus package
TOKYO (Reuters) - Japan's government will consider support to increase production of ECMO machines, used in a potentially life-saving treatment for coronavirus patients, as a part of an economic packa...
Apr 01, 2020
SoftBank to abandon $3 billion deal for additional WeWork shares
(Reuters) - Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with its shareholders, a special committee of the U.S.-based shared-of...
Apr 01, 2020
Swiss manufacturing PMI sinks to lowest level since 2009 on coronavirus fears
By John Revill ZURICH (Reuters) - From expensive watches to chocolates and cement, Swiss industry is being battered by the coronavirus epidemic, data showed on Wednesday, with the country's PMI survey...
Apr 01, 2020
U.S. light vehicle sales in March fall 27% on month as virus outbreak intensifies
(Reuters) - Light vehicle sales in the United States fell nearly 27% in March compared with a month earlier, data released by an automotive research group showed on Wednesday, as the coronavirus outbr...
Apr 01, 2020
Dollar supported as investors seek safety in liquidity
By Hideyuki Sano TOKYO (Reuters) - The dollar held gains on Thursday as investors rushed to the security of the world's most liquid currency as the coronavirus pandemic caused massive disruptions to g...
Apr 01, 2020
U.S. Treasury to tap Wall Street advisory firms on airline aid: WSJ
(Reuters) - The U.S. Treasury Department plans to hire PJT Partners Inc , Moelis & Co and Perella Weinberg Partners to advise on the airline portion of Washington's $2 trillion stimulus bill, the Wall...
Apr 01, 2020
Analysts cut Asian firms’ 2020 profit forecasts sharply on coronavirus worries
(Reuters) - Analysts are cutting Asian companies' 2020 earnings forecasts sharply on concerns that factory shutdowns and social distancing measures to combat the spread of coronavirus will hurt corpor...
Apr 01, 2020
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