Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Risk currencies ease, yen firms as investors brace for global downturn
By Hideyuki Sano TOKYO (Reuters) - Risk currencies looked fragile and the yen firmed on Wednesday, the first day of a quarter that looks set to see the worst economic contractions for decades in many ...
Mar 31, 2020
Oil prices mixed, U.S. inventory build-up heightens oversupply concerns
By Yuka Obayashi TOKYO (Reuters) - Crude oil benchmarks opened the month mixed on Wednesday, following their biggest-ever quarterly and monthly losses, overshadowed by fears of global oversupply as da...
Mar 31, 2020
Irish manufacturing posts sharpest ever month-on-month drop: PMI
DUBLIN (Reuters) - Irish factory activity posted its sharpest ever monthly drop in March as the coronavirus pandemic disrupted supply chains and caused a collapse in demand, a survey showed on Wednesd...
Mar 31, 2020
Japan’s factory activity shrinks at fastest pace since 2009, new orders slump: PMI
TOKYO (Reuters) - Japan's factory activity contracted at the fastest pace in about a decade in March, as the world's third-largest economy struggled with a severe downturn in overseas and domestic dem...
Mar 31, 2020
Coronavirus turns Japan business mood negative for first time in seven years
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - Japanese manufacturers turned pessimistic for the first time in seven years in the three months to March, the central bank's "tankan" survey sho...
Mar 31, 2020
Bond investor Jeffrey Gundlach bets stocks March lows to be surpassed in April
By Kanishka Singh (Reuters) - Bond investor and DoubleLine Capital Chief Executive Jeffrey Gundlach said on Tuesday he believes the coronavirus sell-off is not over yet and that the lows stocks hit in...
Mar 31, 2020
Kuwait set to prop up coronavirus-hit economy amid low oil prices
KUWAIT (Reuters) - Kuwait will announce measures later on Tuesday to shore up the economy against the coronavirus pandemic, a government source told Reuters, while the central bank separately asked ba...
Mar 31, 2020
Stocks under pressure after biggest quarterly drop since 2008
By Herbert Lash NEW YORK (Reuters) - Asian shares faced another leg lower on Wednesday as the coronavirus sharply slows global growth, leading a gauge of world stocks to post its biggest quarterly dec...
Mar 31, 2020
Exclusive: U.S. plans to lease space to energy companies to store oil in emergency reserve
NEW YORK/WASHINGTON (Reuters) - The U.S. Department of Energy plans to announce as soon as Wednesday it will allow oil companies to lease space in the Strategic Petroleum Reserve (SPR), as it tries to...
Mar 31, 2020
U.S. pension funds may pour $400 billion into stocks, lifting virus-hit markets: JP Morgan
By Lewis Krauskopf NEW YORK (Reuters) - U.S. pension funds that delayed rebalancing their portfolios are likely to pump about $400 billion into stocks over the next two quarters, analysts at JP Morgan...
Mar 31, 2020
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Meet Jerry Michaels, the dynamic host of The Breakfast Show on WIXX. He brings his signature energy and wit to the airwaves every Sunday morning from 5:30 to 10. Born with a microphone in one hand and a pair of headphones in the other, Jerry’s love for...
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