Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
BOJ says enhanced dollar swap lines will ease strains in funding markets
TOKYO (Reuters) - A decision by the world's major central banks to enhance their dollar swap lines will serve as an important backstop to ease strains in global funding markets, the Bank of Japan said...
Mar 20, 2020
World’s biggest central banks expand access to dollar swap facility
FRANKFURT (Reuters) - The central banks of the United States, the euro zone, Canada, Britain, Japan and Switzerland agreed on Friday to increase the frequency of their one-week U.S. dollars credit fac...
Mar 20, 2020
U.S. moves tax day to July 15: Mnuchin
WASHINGTON (Reuters) - The U.S. government is moving its tax filing day from April 15 to July 15, Treasury Secretary Steve Mnuchin said on Friday amid the coronavirus crisis afflicting the country. "A...
Mar 20, 2020
BoE takes part in international action to boost dollar liquidity
LONDON (Reuters) - The Bank of England said on Friday it would join with other central banks in increasing the frequency of auctions of 7-day U.S. dollar funds to daily from weekly, through to at leas...
Mar 20, 2020
U.S. Federal Reserve increasing frequency of swap line operations with other major central banks
WASHINGTON (Reuters) - The U.S. Federal Reserve said on Friday that it would enhance the U.S. dollar liquidity swap line arrangements it has with several major central banks. The Fed said in a stateme...
Mar 20, 2020
Ryanair could survive without revenue for ‘maybe even 12 months’, CEO tells FT
DUBLIN (Reuters) - Ryanair has the cash to survive for "maybe even 12 months" with no flights or revenue as the coronavirus shuts the air travel industry down, CEO Michael O'Leary said in an interview...
Mar 20, 2020
U.S. existing home sales surge to 13-year high in February
WASHINGTON (Reuters) - U.S. home sales surged to a 13-year high in February, but the housing market recovery is likely to be derailed by the coronavirus pandemic, which has unleashed a wave of layoffs...
Mar 20, 2020
U.S. states seek $150 billion in emergency federal coronavirus aid
WASHINGTON (Reuters) - A group representing U.S. states on Friday asked lawmakers to provide them with at least $150 billion in federal aid to address the coronavirus outbreak. Maryland Governor Larry...
Mar 20, 2020
Germany planning special budget of at least 100 billion euros: Handelsblatt
BERLIN (Reuters) - Germany is planning a supplementary budget of at least 100 billion euros to help tackle the coronavirus crisis and will finance it completely via debt, business daily Handelsblatt r...
Mar 20, 2020
Global hotel room revenue slumps 5.5% in February as coronavirus spreads: data
(Reuters) - Hotel room revenue slumped 5.5% globally in February from a year earlier as the coronavirus outbreak brought the airline industry to a halt and travel bans hurt vacation plans, data from a...
Mar 20, 2020
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