Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Ad giant WPP pulls dividend, buyback and outlook
LONDON (Reuters) - WPP , the world's biggest advertising company, said it was pulling its dividend and share buyback, and withdrawing its guidance for 2020 after it saw an increasing number of cancela...
Mar 31, 2020
Global M&A dwindles as coronavirus batters world’s economies
By Pamela Barbaglia and Greg Roumeliotis LONDON/NEW YORK (Reuters) - Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating economi...
Mar 31, 2020
Australia’s AAA rating under a cloud as debt, deficit blow out
By Swati Pandey SYDNEY (Reuters) - Australia's coveted "AAA" sovereign rating faces growing risks from ballooning debt as the government ramps up spending to support an economy on the brink of its fir...
Mar 30, 2020
China tax bureau studying policies to help exporters hit by coronavirus: official
SHANGHAI (Reuters) - The global spread of the coronavirus has negatively impacted China's exporters, and the country's tax bureau is studying policies including tax reduction to stabilize the situatio...
Mar 30, 2020
Bank of Korea’s dollar auction from Fed swap not fully taken up
SEOUL (Reuters) - The Bank of Korea's $10 billion auction of U.S. dollars for an 84-day term from the new currency swap with the Federal Reserve drew only $7.92 billion of bids, lent at 0.9080%, the b...
Mar 30, 2020
Airlines must suggest possible U.S. compensation for grants: Treasury
WASHINGTON (Reuters) - The U.S. Treasury Department issued guidelines on Monday to airlines and airport contractors as it prepares to quickly hand out $32 billion in cash assistance. Airlines and cont...
Mar 30, 2020
China’s Yunnan to invest about $42 billion in transportation this year: Xinhua
BEIJING (Reuters) - China's southwestern Yunnan province plans to invest more than 300 billion yuan ($42.32 billion) this year for various public transportation projects, including railways and airpor...
Mar 30, 2020
Tokyo lockdown would have ‘huge’ impact on economy: Nishimura
TOKYO (Reuters) - A lockdown of major Japanese cities like Tokyo and Osaka to halt the spread of the coronavirus would have a "huge" impact on the economy, Yasutoshi Nishimura, the country's economy m...
Mar 30, 2020
Pandemic to hit growth in Asia, China: World Bank
WASHINGTON (Reuters) - The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China, the World Bank said in an economic update on M...
Mar 30, 2020
U.S. Air Force finds additional deficiency in Boeing’s aerial fuel system
(Reuters) - The U.S. Air Force announced on Monday an additional deficiency in the KC-46 Pegasus aerial fuel system built by Boeing , classifying it at the Category I level, meaning it is a major tech...
Mar 30, 2020
Now Playing
101 WIXX | Your Hit Music Station
