Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. regulators urge banks to go easy on borrowers hurt by coronavirus
WASHINGTON (Reuters) - U.S. federal and state financial regulators are encouraging lenders to help borrowers affected by the coronavirus, and will not penalize them for doing so, the regulators said i...
Mar 22, 2020
South Korea’s March 1-20 exports rise, but virus-led demand slump seen weighing
SEOUL (Reuters) - South Korean exports rose 10.0% in the first 20 days of March from a year earlier, customs data showed on Monday, though a deepening slump in overseas demand triggered by the coronav...
Mar 22, 2020
South Korea says will make all-out effort to prevent credit crunch
SEOUL (Reuters) - South Korea's government will make an all-out effort to prevent market volatility from turning into a credit crunch as the coronavirus pandemic hammers stocks and bonds across emergi...
Mar 22, 2020
Occidental nears deal with activist Icahn on proxy battle: source
(Reuters) - U.S. oil and gas producer Occidental Petroleum Corp is nearing an agreement with activist investor Carl Icahn to halt a proxy battle in return for board seats, according to a person famili...
Mar 22, 2020
Brazil’s Via Varejo closes all 1,000-plus stores nationwide due to coronavirus
BRASILIA (Reuters) - Brazilian retailer Via Vaerjo > is temporarily closing all its stores nationwide to help curb the spread of coronavirus, joining the growing list of the country's largest retailer...
Mar 22, 2020
Domestic travel, airline hubs the latest hit as coronavirus restrictions tighten
By Jamie Freed SYDNEY (Reuters) - Airlines cancelled more flights on Monday as Australia and New Zealand advised against non-essential domestic travel, the United Arab Emirates (UAE) halted flights fo...
Mar 22, 2020
MGM Resorts boss Jim Murren vacates position amid industry crisis over virus outbreak
(Reuters) - U.S. casino operator MGM Resorts International's Chief Executive and Chairman Jim Murren is stepping down prior to the expiration of his contract in light of the crisis in the industry bro...
Mar 22, 2020
ECB’s de Guindos says coronavirus will put Europe into a recession
MADRID (Reuters) - The impact of the coronavirus outbreak will put Europe into a recession but it should be transitory and the region should be back in positive GDP growth in the second semester, Euro...
Mar 22, 2020
Virgin Australia plans to cut more domestic flights as travel restrictions tighten
SYDNEY (Reuters) - Virgin Australia Holdings Ltd said on Monday it expected to make a material reduction in its domestic capacity after the Australian government advised against non-essential domestic...
Mar 22, 2020
Embraer puts Brazil-based workers on furlough to protect them from coronavirus
BRASILIA (Reuters) - Brazilian planemaker Embraer is putting all its Brazil-based employees who cannot work remotely on paid leave until March 31, the company said on Sunday, adding that only "a few e...
Mar 22, 2020
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