Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
British banks grapple with business demands for coronavirus lifelines
By Lawrence White, Sinead Cruise and Iain Withers LONDON (Reuters) - Some banks in Britain are struggling to provide financial support to homeowners and businesses battered by the coronavirus pandemic...
Mar 19, 2020
U.S. corporate credit ETFs fall to fresh decade lows
NEW YORK (Reuters) - U.S. corporate credit exchange-traded funds fell to their lowest in roughly a decade on Thursday morning as Wall Street tumbled, unimpressed with global central banks' stimulus me...
Mar 19, 2020
Prime money-market funds could slow redemptions as they bleed assets
BOSTON (Reuters) - U.S. prime money-market funds have lost more than 10% of their assets and the prospect of funds slowing customer redemptions is rising amid unprecedented market turmoil, top credit-...
Mar 19, 2020
Goldman Sachs employees in New York have contracted the new coronavirus: sources
By Elizabeth Dilts Marshall (Reuters) - Several employees at Goldman Sachs Group Inc's New York headquarters are believed to have contracted the novel coronavirus, according to two sources, making it ...
Mar 19, 2020
Germany expects more than 2 million people to use short-time scheme in 2020
BERLIN (Reuters) - Germany expects a record 2.15 million people to this year make use of a scheme that allows employees to work shorter hours but keep their jobs, as the impact of the coronavirus caus...
Mar 19, 2020
Analyst View: Fed opens central bank swap lines to stave off coronavirus slump
NEW YORK (Reuters) - The U.S. Federal Reserve on Thursday opened the taps for central banks in nine new countries to access dollars in hopes of preventing the coronavirus epidemic from causing a globa...
Mar 19, 2020
Uber says has enough cash to tide over coronavirus crisis: CNBC
(Reuters) - Uber Technologies Inc has plenty of cash on hand to get through the coronavirus crisis and is seeing growth in businesses other than ride-hailing, CNBC reported https://www.cnbc.com/2020/0...
Mar 19, 2020
Bank of England cuts rates to 0.1%, ramps up bond-buying
LONDON (Reuters) - The Bank of England cut interest rates to 0.1%, its second emergency rate cut in just over a week, and ramped up its bond-buying program on Thursday in its latest attempt to shield ...
Mar 19, 2020
Germany expects 10 billion euro extra spending on short-time work over coronavirus
BERLIN (Reuters) - Germany expects its decision to lower the bar for companies to apply for short-time work state aid to cost the labor office roughly 10 billion euros ($10.8 billion), a draft of the ...
Mar 19, 2020
Europe needs to match ECB’s bold action with fiscal policy: Kazimir
FRANKFURT (Reuters) - Europe's political establishment needs to match the European Central Bank's bold stimulus move with a similarly ambitious fiscal package to ease the bloc's crisis, ECB policymake...
Mar 19, 2020
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