Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Germany, credit insurers agree plan to keep trade flowing – sources
MUNICH/BERLIN (Reuters) - The German government and the country's credit insurance industry have agreed to help to maintain insurance cover for trade despite economic hardship related to the coronavir...
Apr 01, 2020
Coronavirus batters steel sector, Europe hardest hit
By Eric Onstad LONDON (Reuters) - The coronavirus pandemic is battering the global steel sector as huge swathes of industry that use steel shut down, with Europe hardest hit since steel demand and com...
Apr 01, 2020
Coronavirus halts recovery in Brazil real estate market, dashes IPO plans
By Gabriela Mello and Carolina Mandl SAO PAULO (Reuters) - Just weeks ago, cement mixers, cranes, bulldozers and workers swarming around at least four different high-end residential and commercial bui...
Apr 01, 2020
U.S. construction spending unexpectedly falls in February
WASHINGTON (Reuters) - U.S. construction spending unexpectedly fell in February and could decline further as the coronavirus pandemic wreaks havoc on the economy. The Commerce Department said on Wedne...
Apr 01, 2020
U.S. factory activity contracts in March; orders tumble to 11-year low: ISM
WASHINGTON (Reuters) - U.S. manufacturing activity contracted less than expected in March, but disruptions caused by the coronavirus pandemic pushed new orders received by factories to an 11-year low,...
Apr 01, 2020
Chilean central bank sees more gloom as protests eclipsed by coronavirus
By Aislinn Laing and Fabian Cambero SANTIAGO (Reuters) - Chile's Central Bank on Wednesday predicted the economy of the worlds top copper producer will contract between -1.5% and -2.5% in 2020, faulti...
Apr 01, 2020
Trump administration looking to infrastructure for stimulus: Mnuchin
WASHINGTON (Reuters) - Treasury Secretary Steven Mnuchin told CNBC on Wednesday that President Donald Trump is very interested in using infrastructure projects to blunt the economic effects of the cor...
Apr 01, 2020
Kroger comparable sales surge 30% in March, borrows $1 billion
(Reuters) - Kroger Co's comparable sales surged about 30% in March as consumers cleared off shelves in preparation for a lockdown due to the coronavirus pandemic and had borrowed $1 billion to boost l...
Apr 01, 2020
U.S. factory activity in March was weakest since 2009: IHS Markit
WASHINGTON (Reuters) - The U.S. manufacturing sector contracted in March, with activity hitting its lowest level since 2009, as the coronavirus pandemic caused widespread shortages, a survey confirmed...
Apr 01, 2020
T-Mobile completes merger with Sprint
(Reuters) - T-Mobile US Inc said on Wednesday it officially completed the merger with Sprint Corp and the combined company will now operate under the T-Mobile name. A U.S. federal judge approved the d...
Apr 01, 2020
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