Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Swiss bank UBS sticks to 2019 dividend, market supervisor has urged restraint
ZURICH (Reuters) - UBS Group is maintaining its previously announced dividend for 2019, the Swiss bank said on Monday, despite guidance from markets supervisor FINMA to reconsider payouts to sharehold...
Mar 30, 2020
Mortgage securities rebound as Fed starts buying, concerns persist
By Herbert Lash NEW YORK (Reuters) - Mortgage-related shares rose and volatility dropped on Friday, a sign moves by the Federal Reserve had some positive effect on liquidity and coronavirus-related pa...
Mar 30, 2020
Oil crash puts Africa’s cash-strapped producers in peril
By Libby George LAGOS (Reuters) - Collapsing oil prices have left African producers facing not only lost revenue when they most need it to tackle coronavirus, but also a fall in hard-won market share ...
Mar 30, 2020
China unexpectedly cuts reverse repo rate by most in five years to support virus-hit economy
SHANGHAI (Reuters) - China's central bank unexpectedly cut the rate on reverse repurchase agreements by 20 basis points on Monday, the largest in nearly five years, as authorities ramped up steps to r...
Mar 30, 2020
U.S. stimulus package is biggest ever, but may not be big enough
By Lawrence Delevingne and Howard Schneider BOSTON/WASHINGTON (Reuters) - The Federal Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial ...
Mar 30, 2020
ABB warns about coronaravirus impact on sales and profit
ZURICH (Reuters) - ABB became the latest company to warn about the impact of the coronavirus on its profits, with the Swiss engineering group on Monday saying all of its businesses would suffer in the...
Mar 30, 2020
Major airlines urge U.S. Treasury to disburse assistance quickly
By David Shepardson WASHINGTON (Reuters) - Major U.S. airlines asked the U.S. Treasury to move quickly to release up to $58 billion in government grants and loans and recommended a formula to divide u...
Mar 29, 2020
DoJ reviews stock trades by lawmakers after coronavirus briefings: CNN
(Reuters) - The Justice Department has started to probe a series of stock transactions made by lawmakers ahead of the sharp market downturn triggered by the coronavirus pandemic, CNN reported on Sunda...
Mar 29, 2020
Trump’s attack on GM over ventilators quickly turns to praise
By David Shepardson WASHINGTON (Reuters) - President Donald Trump, who excoriated General Motors Co on Friday and invoked emergency powers to compel the production of badly needed ventilators to tackl...
Mar 29, 2020
Peru readies massive stimulus plan to mitigate coronavirus impact: TV
By Marco Aquino LIMA (Reuters) - Peru's government is readying a massive economic stimulus package worth around 12% of gross domestic product to help mitigate the impact of a global coronavirus pandem...
Mar 29, 2020
Now Playing
101 WIXX | Your Hit Music Station
