Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China asks airlines to cut international flights, redirects some due to virus
SHANGHAI (Reuters) - China's aviation regulator has asked airlines to cut international flights and ordered some Beijing ones to be rerouted, as the country grapples with a rising number of imported c...
Mar 19, 2020
Cash dash has dollar set for best week since 2008 crisis
By Tom Westbrook SINGAPORE (Reuters) - The dollar was headed for its biggest weekly gain since the 2008 crisis on Friday, as the coronavirus pandemic drives a dash for cash that is stretching the worl...
Mar 19, 2020
U.S. conglomerates see borrowing costs spike
By Joshua Franklin NEW YORK (Reuters) - Walt Disney Co , JPMorgan Chase & Co and United Parcel Service Inc were among seven major U.S. companies that accepted a big rise in their borrowing costs to is...
Mar 19, 2020
Asia shares seek calm, dollar rush causing stress
By Wayne Cole SYDNEY (Reuters) - Asian shares sought a reprieve on Friday as Wall Street eked out gains, bonds rallied and oil boasted its biggest bounce on record, though a panicked rush into U.S. do...
Mar 19, 2020
Australian banks announce $57 billion loan relief package for businesses
SYDNEY (Reuters) - Australian banks on Friday said they would defer loan repayments for six months for small businesses impacted by the coronavirus in a A$100 billion ($57.34 billion) relief package. ...
Mar 19, 2020
JLR to suspend production at UK manufacturing facilities from next week
(Reuters) - Luxury automaker Jaguar Land Rover said late on Thursday it would temporarily suspend production at its UK manufacturing facilities from next week to curb the coronavirus' spread. The carm...
Mar 19, 2020
Peru cuts interest rate to decade low to battle coronavirus impact
By Marco Aquino LIMA (Reuters) - Peru's central bank slashed its benchmark interest rate on Thursday to a decade-low 1.25%, from 2.25% previously, in an extraordinary measure to counter the economic i...
Mar 19, 2020
Global economy already in recession on coronavirus devastation: Reuters poll
By Rahul Karunakar and Shrutee Sarkar BENGALURU (Reuters) - The global economy is already in a recession as the hit to economic activity from the coronavirus pandemic has become more widespread, accor...
Mar 19, 2020
Carmaker Bentley to suspend production for four weeks over coronavirus
By Costas Pitas LONDON (Reuters) - Bentley will stop car production at its British factory from the end of Friday for four weeks over the coronavirus outbreak, one of the final automakers in Britain t...
Mar 19, 2020
UK’s Sunak readies extreme measures to right capsizing economy
By Andy Bruce LONDON (Reuters) - Britain will take further desperate measures to stem the collapse of its economy on Friday, when finance minister Rishi Sunak will outline plans to prop up companies a...
Mar 19, 2020
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