Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Saudi, UAE businesses battle cash crunch despite anti-coronavirus stimulus
By Marwa Rashad and Saeed Azhar RIYADH/DUBAI (Reuters) - Saudi Arabia and the United Arab Emirates are spending tens of billions to prop up their economies during the coronavirus crisis and oil price ...
Mar 30, 2020
Norway says its economy may contract 4% this year
OSLO (Reuters) - The Norwegian mainland economy could contract by as must as 4% in 2020, twice the level predicted last week, as the coronavirus outbreak continues to paralyze activity, the finance mi...
Mar 30, 2020
Europe’s economic response to epidemic must be quick: EU exec
BRUSSELS (Reuters) - Europe's economic response to the coronavirus epidemic has to based on options on which all countries agree and which can be deployed quickly, European Commission spokesman Eric M...
Mar 30, 2020
Bulgaria to spend over 1 billion levs to support employment
SOFIA (Reuters) - Bulgaria will spend over 1 billion levs ($566 million) to cover 60% of workers' salaries in companies whose operations have been hit by the coronavirus crisis, Prime Minister Boyko B...
Mar 30, 2020
Activist investor makes new push for HC2 board to remove chief Falcone: letter
BOSTON (Reuters) - An activist investor is stepping up calls for the board of HC2 Holdings Inc to remove Chief Executive and Chairman Philip Falcone as the former hedge fund manager faces mounting leg...
Mar 30, 2020
BNY Mellon names interim head Gibbons as CEO
(Reuters) - Bank of New York Mellon Corp on Monday named Thomas Gibbons chief executive officer, effective immediately. Gibbons served as interim CEO since September 2019, after Charles Scharf left th...
Mar 30, 2020
Factbox: Global economic policy response to coronavirus crisis
(Reuters) - Governments and central banks around the world have unleashed unprecedented fiscal and monetary stimulus and other support for economies floored by the coronavirus pandemic. The G20 said o...
Mar 30, 2020
Euro zone banks ditch dividends to build coronavirus war chest
By John Miller and Sinead Cruise ZURICH/LONDON (Reuters) - Banks across the euro zone are tearing up plans to return cash to shareholders at the behest of regulators, instead shoring up reserves as th...
Mar 30, 2020
Carnival’s Cunard extends suspension of cruises to May 15
(Reuters) - Carnival Corp's luxury cruise ships operator Cunard said on Monday it would extend the suspension of all voyages by a month to May 15 due to the coronavirus pandemic. Carnival, also the op...
Mar 30, 2020
Goldman Sachs sees S&P 500 dividends declining 25% in 2020
LONDON (Reuters) - Goldman Sachs said on Monday it expects S&P 500 dividends to fall by 25% in 2020 as certain large dividend-paying industries are particularly vulnerable to the economic shock of the...
Mar 30, 2020
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