Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China to speed up tax and fee cuts for firms to support jobs
BEIJING (Reuters) - China will speed up phased, targeted tax and fee cuts for firms to support employment amid the coronavirus outbreak, the cabinet said on Friday. The government will return more une...
Mar 20, 2020
UK corporation tax receipts wane ahead of coronavirus crisis: ONS
LONDON, March 20 (Reuters) - British corporation tax receipts posted their biggest drop for any February since 2012, before the coronavirus outbreak began to seriously harm the economy, official data ...
Mar 20, 2020
World’s top debt funds lose billions in coronavirus rout
By Simon Jessop, Kate Duguid and Carolyn Cohn NEW YORK/LONDON (Reuters) - Coronavirus has hit the world's biggest debt funds, which have lost billions of dollars in value, Morningstar data shows, whil...
Mar 20, 2020
German unemployment could top three million in worst coronavirus case: institute
(Reuters) - Germany's unemployment could climb by 90,000 to 2.356 million in 2020 if the crisis caused by the coronavirus epidemic is mild, but the number of people out of work could top 3 million if ...
Mar 20, 2020
ECB’s Villeroy tells big firms not to hoard liquidity
PARIS (Reuters) - ECB policymaker Francois Villeroy de Galhau on Friday urged firms not to tap their banks for more liquidity than they really need, likening such firms to households hoarding pasta du...
Mar 20, 2020
European shares bounce for second day on stimulus hopes
(Reuters) - European shares jumped for a second straight session on Friday, as a wave of fiscal and monetary stimulus tempted investors back into equity markets after days of selling on signs the worl...
Mar 20, 2020
Volvo cars to temporarily close plants in U.S. and Sweden
FRANKFURT (Reuters) - Swedish carmaker Volvo is suspending production at its factories in Sweden, the United States and Belgium, to curb the spread of the coronavirus, it said on Friday, even as it re...
Mar 20, 2020
Deutsche Bank warns it may be ‘materially’ affected by virus impact
FRANKFURT (Reuters) - Deutsche Bank said on Friday that the impact of the coronavirus outbreak may affect the lender's ability to meet its financial targets. "We may be materially adversely affected b...
Mar 20, 2020
ECB’s Villeroy says new package will be effective
PARIS (Reuters) - The European Central Bank's new crisis response package to fight the impact of the coronavirus outbreak impact will be effective, ECB governing council member Francois Villeroy de Ga...
Mar 20, 2020
Britain’s M&S warns of ‘severe impact’ from coronavirus
LONDON (Reuters) - British retailer Marks & Spencer said on Friday trading over the next 9-12 months in its clothing and homewares and international businesses was likely to be "severely impacted" by ...
Mar 20, 2020
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