Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
ECB will not apply issuer limit in new crisis fighting QE
FRANKFURT (Reuters) - The European Central Bank will not apply self-imposed purchase limits on its 750 billion euro coronavirus crisis-fighting bond buying scheme and will also expand the list of elig...
Mar 26, 2020
China’s factories reopen, only to fire workers as virus shreds global trade
By Stella Qiu and Ryan Woo BEIJING (Reuters) - Shi Xiaomin, who used to export suits and blazers by the thousands to South Korea, the Netherlands and the United States, was luckier than many other Chi...
Mar 26, 2020
Airbus says reducing wing production for three weeks
PARIS (Reuters) - Airbus SE is reducing the production of aircraft wings for three weeks as it slows operations to put in place extra health and safety measures due to the coronavirus pandemic, the pl...
Mar 26, 2020
Australia central bank buys $3 billion government bonds in QE program
SYDNEY (Reuters) - The Reserve Bank of Australia (RBA) said it has bought A$3 billion ($1.8 billion) in sovereign government bonds on Thursday as part of its quantitative easing program to keep short-...
Mar 26, 2020
Ten signs the oil industry is bent out of shape
By David Gaffen (Reuters) - The oil industry has been hit by a simultaneous demand and supply shock in March as the coronavirus pandemic cuts fuel consumption and top producer Saudi Arabia raises outp...
Mar 26, 2020
U.S. braces for record surge in jobless claims amid coronavirus fallout
By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing claims for unemployment benefits likely raced to as high as a record 4 million last week as strict measures to contain the coron...
Mar 26, 2020
Newly jobless Americans worry about making ends meet
By Jonnelle Marte and Jessica Resnick-Ault (Reuters) - Optician Ali Nelson sent the final few orders of eyeglasses to clients last week before her Washington D.C.-based store closed to help prevent th...
Mar 26, 2020
Global smartphone sales fell 14% in February as coronvirus spread: Counterpoint
SHANGHAI (Reuters) - Global smartphone sales tumbled 14% in February as the coronavirus spread in China and overseas, Counterpoint Research said on Thursday, a likely harbinger of more declines as out...
Mar 26, 2020
Factbox: Layoffs in corporate Australia and New Zealand due to coronavirus
(Reuters) - The coronavirus outbreak has virtually shut down corporate Australia and New Zealand, forcing companies to throw out plans and resulting in thousands of layoffs or staff suspensions. Liste...
Mar 25, 2020
U.S. Senate approves $2-trillion coronavirus economic, medical aid bill
WASHINGTON (Reuters) - The U.S. Senate on Wednesday unanimously passed a $2-trillion bill aimed at helping unemployed workers and industries hurt by the coronavirus pandemic, as well as providing bill...
Mar 25, 2020
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