Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Polish rate-setter says can’t rule out another rate cut: radio
WARSAW (Reuters) - Another interest rate cut might be considered to support the economy during the coronavirus outbreak, Polish rate-setter Eryk Lon said on Monday. "One cannot exclude another rate cu...
Mar 30, 2020
ECB’s de Guindos says ‘coronabonds’ are not only instrument to fight coronavirus
MADRID (Reuters) - The so-called 'coronabonds', or common EU bonds, are not the only or the most effective instrument in the fight against the coronavirus, European Central Bank's vice-president Luis ...
Mar 30, 2020
Serbia to invest 5 billion euros to cope with coronavirus impact
BELGRADE (Reuters) - Serbia plans to offer about 5 billion euros ($5.54 billion) in loans and subsidies to businesses to help them cope with the economic impact of the coronavirus, President Aleksandr...
Mar 30, 2020
Norway to boost government bond issues to pay for coronavirus lending
OSLO (Reuters) - Norway's central bank has increased its planned issuance of government bonds this year to between 70 billion and 85 billion Norwegian crowns ($6.68 billion-$8.11 billion) from an orig...
Mar 30, 2020
French companies benefiting from state aid can’t buy back shares: minister
PARIS (Reuters) - French companies benefiting from financial support from the government to help them through the coronavirus crisis must not buy back their shares, France's finance minister said on M...
Mar 30, 2020
China’s factory activity seen recovering in March, but still in contraction after virus shock
BEIJING (Reuters) - Activity in China's vast manufacturing sector likely remained in contraction in March, though it was set to stabilize slightly from the coronavirus-led collapse that virtually para...
Mar 30, 2020
Exclusive: Japan to boost government bond issuance by $149 billion to fund stimulus – sources
By Takaya Yamaguchi TOKYO (Reuters) - Japan will boost government bond issuance by $149 billion from July to fund a massive stimulus package aimed at combating the hit to the economy from the coronavi...
Mar 30, 2020
Carmaker Renault: all plants closed apart from in China and South Korea
PARIS (Reuters) - French carmaker Renault said production at all its plants across the world had been halted due to the impact of the coronavirus crisis, apart from its plants in China and South Korea...
Mar 30, 2020
Coronavirus crisis to delay Bulgaria’s euro zone bid-central bank governor
SOFIA (Reuters) - The global crisis triggered by the coronavirus pandemic will delay Bulgaria's bid to join the euro zone's "waiting room" and the European Union's banking union until 2021, central ba...
Mar 30, 2020
UK public sector contractor Kier cuts pay for 6,500 employees
(Reuters) - British contractor Kier Group will cut wages for about 6,500 employees, including executives and board members, by between 7.5% and 25% for the three months beginning April, it said on Mon...
Mar 30, 2020
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