Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Toyota to make face masks in U.S. to aid coronavirus battle
(Reuters) - Toyota Motor Corp's North American unit said on Friday it would produce face shields, ventilators and respirators, as the death toll from the coronavirus exceeds 1,200 in the United States...
Mar 27, 2020
Forex volatility to make providers hike prices: Walmart de Mexico
MEXICO CITY (Reuters) - Walmart de Mexico said on Friday that foreign exchange fluctuations will make its providers increase some of their prices, pointing to the depreciation of the peso and other cu...
Mar 27, 2020
Fed action ‘hugely helpful’in stabilising bond markets:Tradeweb CEO
LONDON (Reuters) - Steps taken by the U.S. Federal Reserve and other major central banks to maintain liquidity in markets has been "hugely helpful" in stabilising the spike in volatility in bond marke...
Mar 27, 2020
U.S. regulators give banks relief on accounting standard, derivatives rule
By Pete Schroeder WASHINGTON (Reuters) - U.S. banking regulators announced Friday that banks would have the option of ignoring the capital implications of a new global accounting standard for two year...
Mar 27, 2020
Apple works with White House to release ‘COVID-19’ app, website
(Reuters) - Apple Inc and the White House said on Friday that the iPhone maker worked with the Trump administration and federal agencies to release an app and website that will direct users to guidanc...
Mar 27, 2020
Virgin Atlantic set to ask for state aid: FT
(Reuters) - UK-based airline Virgin Atlantic will ask the British government for a package of commercial loans and guarantees worth hundreds of millions of pounds, the Financial Times reported https:/...
Mar 27, 2020
Equinor to quit U.S. lobby group over climate policy
OSLO (Reuters) - Equinor will leave industry lobby group the Independent Petroleum Association of America (IPAA) over a disagreement about climate policy, the energy producer said on Friday. The Norwe...
Mar 27, 2020
Canada to cover 75% of small business payroll wages: Trudeau
OTTAWA (Reuters) - Canada will cover 75% of payroll wages for small businesses and give those companies access to one-year interest free loans so they can avoid laying off employees, Canadian Prime Mi...
Mar 27, 2020
Factbox: Highlights of Canada’s stimulus measures to fight coronavirus outbreak
(Reuters) - Key financial and economic measures announced by Canada to support the economy. - Bank of Canada cut key benchmark rate by 50 basis points to 0.25% on March 27, its lowest in a decade. - T...
Mar 27, 2020
Trump says GM efforts ‘never seem to work out’
WASHINGTON (Reuters) - President Donald Trump criticized General Motors on Friday and cited the Defense Production Act after saying the automaker reduced the number of ventilators it said that it coul...
Mar 27, 2020
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