Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Highlights: UK’s Sunak goes all out to avert economic collapse
LONDON (Reuters) - British finance minister Rishi Sunak launched a gigantic stimulus package to stabilise Britain's virus-hit economy on Friday, including the government paying the wages of workers up...
Mar 20, 2020
Your Money – Separation anxiety: Divorce, money and coronavirus
By Beth Pinsker NEW YORK (Reuters) - The first few days of staying at home for coronavirus seclusion with my two kids were chaotic, stressful and scary, much like they were for everyone else. And then...
Mar 20, 2020
UK aims to finance coronavirus measures through normal debt issuance
LONDON (Reuters) - Britain will aim to meet the cost of unprecedented measures to keep people in jobs through the coronavirus crisis via normal debt issuance, finance minister Rishi Sunak said on Frid...
Mar 20, 2020
Coronavirus shutdown to cut Europe, Americas auto production by 1.44 million: IHS Markit
(Reuters) - As carmakers grapple with growing signs of coronavirus damage, vehicle production could be reduced by about 1.44 million in Europe, North America and Latin America, according to an estimat...
Mar 20, 2020
NY Fed adds to MBS purchases on Friday and next week
(Reuters) - The New York Federal Reserve said it would make additional purchases of mortgage-backed securities on Friday totaling $15 billion in two operations and would buy at least $100 billion in m...
Mar 20, 2020
Farnborough Airshow canceled in sign of aerospace slump
By Tim Hepher PARIS (Reuters) - The Farnborough Airshow - this year's largest aerospace expo and a showcase for tens of billions of dollars of business deals - has become the latest major event to be ...
Mar 20, 2020
Fiat, Toyota, Renault latest to announce auto production halt in Brazil
SAO PAULO (Reuters) - Fiat Chrysler , Toyota Motor Corp and Renault announced on Friday they will stop auto production in Brazil temporarily due to the coronavirus. Earlier this week, General Motors C...
Mar 20, 2020
Argentine needs ‘substantial’ debt relief; no scope for bond servicing in medium term: IMF
BUENOS AIRES (Reuters) - Argentina will need substantial relief from private creditors in its debt restructuring and there is "virtually no scope" for FX service payments to private creditors over the...
Mar 20, 2020
U.S. airlines, warning of job losses, make last-minute push for government cash
By Tracy Rucinski and David Shepardson CHICAGO/WASHINGTON (Reuters) - U.S airlines were making a last-minute push on Friday for a $50 billion government stimulus package to include cash, arguing tens ...
Mar 20, 2020
South African Airways cancels more flights as funds run dry
By Alexander Winning JOHANNESBURG (Reuters) - South African Airways (SAA) said on Friday it would suspend all intercontinental flights until the end of May because of the coronavirus outbreak, as admi...
Mar 20, 2020
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