Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Julius Baer CEO gets $4.5 million compensation package – annual report
ZURICH (Reuters) - Julius Baer Chief Executive Philipp Rickenbacher had a compensation package of 4.41 million Swiss francs ($4.49 million)for 2019, the Swiss private bank said on Monday. Rickenbacher...
Mar 23, 2020
Airbus signs credit facility for 15 billion euros, withdraws 2020 guidance
PARIS (Reuters) - Planemaker Airbus announced new steps on Monday to bolster its financial position as a coronavirus pandemic cripples the travel industry, including the signing of a credit facility f...
Mar 23, 2020
South Korea to help auto industry ride out coronavirus
SEOUL (Reuters) - South Korea said on Monday it would provide logistical and financial support to help the auto industry through the coronavirus crisis, warning of disruptions to supply chains from Eu...
Mar 23, 2020
Singapore’s core prices fall for first time in a decade
SINGAPORE (Reuters) - Singapore's main price gauge fell into negative territory for the first time in over a decade in February, data showed on Monday, with prices falling 0.1% from a year earlier. Ec...
Mar 23, 2020
Australia’s central bank buys $2.3 billion of government bonds
SYDNEY (Reuters) - The Reserve Bank of Australia (RBA) on Monday bought A$4 billion ($2.3 billion) in local government bonds as part of its quantitative easing program to keep short-term yields around...
Mar 23, 2020
Coronavirus fears spark surge in a volatility-focused ETN, but with a downside
By Saqib Iqbal Ahmed NEW YORK (Reuters) - A product that traders use to profit from surges in volatility has soared as coronavirus fears ravaged stocks, prompting concern about a plunge if the market'...
Mar 23, 2020
U.S. diesel cash prices latest to slump from coronavirus fallout
By Stephanie Kelly NEW YORK (Reuters) - U.S. ultra-low sulfur diesel was the latest product refined from crude oil to take a hit in its cash market last week, after refiners boosted production in a bi...
Mar 23, 2020
SoftBank to sell up to $41 billion assets to fund another share buyback, reduce debt
TOKYO (Reuters) - SoftBank Group Corp said on Monday it would sell up to 4.5 trillion yen ($41 billion) in assets to fund a share buyback of up to 2 trillion yen and reduce debt. The share buyback is ...
Mar 23, 2020
Central banks deploy record sums to break financial logjam, but may need more
By Tommy Wilkes and Lawrence Delevingne LONDON/BOSTON (Reuters) - Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up, as investors worri...
Mar 23, 2020
Chinese companies delay fundraising plans after watchdog tightens rules
By Samuel Shen and Kane Wu SHANGHAI/HONG KONG (Reuters) - At least 10 Chinese firms have said they could delay or change plans to raise funds via private share sales after regulators closed a loophole...
Mar 22, 2020
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