Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
South Korea to draw up second extra budget, give cash payments to many families as virus relief
SEOUL (Reuters) - South Korea's President Moon Jae-in said on Monday that the government will provide emergency cash payments to many families and draw up a second supplementary budget soon to ease th...
Mar 29, 2020
China may issue new policies to stimulate auto demand: vice industry minister
BEIJING (Reuters) - China may issue new policies to stimulate demand for automobiles, with the country's auto industry still facing difficulties, Xin Guobin, vice minister of industry and information ...
Mar 29, 2020
Taiwan central bank says still room for further interest rate cuts
TAIPEI (Reuters) - There is room for further interest rate cuts, but they will not be reduced to zero or into negative territory, Taiwan central bank governor Yang Chin-long told parliament on Monday....
Mar 29, 2020
Qantas says pilots approve pay deal covering Sydney-London flights
SYDNEY (Reuters) - Australia's Qantas Airways Ltd said on Monday that pilots had voted in favor of a pay deal that would pave the way for the airline to fly the world's longest non-stop commercial fli...
Mar 29, 2020
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