Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Swiss gear up to expand emergency liquidity program
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Switzerland is preparing to expand an emergency liquidity program for coronavirus-hit businesses, the government said on Wednesday, as banks have already l...
Apr 01, 2020
Gulf banks put brakes on lending as dollar liquidity crunch looms
By Davide Barbuscia, Marwa Rashad and Hadeel Al Sayegh DUBAI/RIYADH (Reuters) - Gulf banks are limiting their lending to minimize potential losses from the coronavirus crisis and an expected squeeze i...
Apr 01, 2020
Russia, U.S. hold energy talks, as Trump complains about oil cheaper than water
By Timothy Gardner and Vladimir Soldatkin WASHINGTON/MOSCOW (Reuters) - U.S and Russian energy officials held rare talks about oil after crude prices crashed to levels last seen about two decades ago,...
Apr 01, 2020
Exclusive: Germany ready to nationalize airline Condor – sources
BERLIN/MUNICH (Reuters) - The German government stands ready to take over airline Condor after an agreement by Polish carrier LOT to acquire the carrier is likely to collapse, several people familiar ...
Apr 01, 2020
Explainer: Euro zone mulls package to support economy against coronavirus
By Jan Strupczewski BRUSSELS (Reuters) - With the euro zone economy in need of help during the coronavirus epidemic, officials have until April 9 to design a package that satisfies members with comple...
Apr 01, 2020
‘There’s no better present’: Chinese businesses send masks to European clients
MADRID/BEIJING(Reuters) - With a dire shortage of protective face masks in Europe, even for health workers, a senior manager at a Spanish furniture store group was surprised to hear business partners ...
Apr 01, 2020
U.S. small businesses wait impatiently for government aid that could be slow to come
By David Henry, Heather Timmons and Elizabeth Dilts Marshall NEW YORK/WASHINGTON (Reuters) - As soon as New York officials began detailing their response to the coronavirus, Matt Preis knew his staff ...
Apr 01, 2020
EU proposes short-time work scheme to avoid lay-offs amid epidemic
BRUSSELS (Reuters) - The European Commision proposed on Wednesday a new state-supported short-time work scheme to help people keep their jobs as the coronavirus epidemic takes its toll on economies ac...
Apr 01, 2020
UK eases cash call cap to help coronavirus-hit companies raise cash
By Huw Jones LONDON (Reuters) - Existing investors in UK-listed companies will be allowed to buy a bigger share of rights issues, in a move that could make it easier for firms hit by the coronavirus e...
Apr 01, 2020
Georgian PM pledges $606 million to help economy in coronavirus crisis
By Margarita Antidze TBILISI (Reuters) - Georgia will put 2 billion lari ($606 million) from its state budget toward helping the economy through the coronavirus pandemic, its Prime Minister Giorgi Gak...
Apr 01, 2020
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