Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Norway central bank says it may buy tumbling crown; economist says ‘buy by the bucketful’
By Terje Solsvik and Gwladys Fouche OSLO (Reuters) - Norway's central bank said on Thursday it is considering entering the market to buy its own crown currency, which has lost a third of its value so ...
Mar 19, 2020
ECB’s emergency scheme comes at right time, key to use all tools: Holzmann
BERLIN (Reuters) - The European Central Bank's 750 billion euro ($809.25 billion) emergency bond purchase scheme has come at the right time, policymaker Robert Holzmann said, adding that it was import...
Mar 19, 2020
U.S. life insurers impose waiting periods to skirt coronavirus risk
By Suzanne Barlyn (Reuters) - U.S. life insurers are trying to curb their own risks to coronavirus by imposing waiting periods for applicants who have traveled to regions with widespread outbreaks, in...
Mar 19, 2020
Exclusive: China to ramp up spending to revive economy, could cut growth target – sources
By Kevin Yao BEIJING (Reuters) - China is set to unleash trillions of yuan of fiscal stimulus to revive an economy expected to shrink for the first time in four decades amid the coronavirus pandemic, ...
Mar 19, 2020
UK manufacturers demand immediate help, warning of layoffs
LONDON (Reuters) - A group representing British manufacturers said on Thursday it wanted an immediate deferment of tax and social security payments national, warning that thousands of layoffs were loo...
Mar 19, 2020
ECB gives banks 115 billion euros in ultra-cheap loans
FRANKFURT (Reuters) - The European Central Bank allotted 115.0 billion euros ($124 billion) in a three-year long-term lending facility on Thursday in the first tender since it eased terms to induce co...
Mar 19, 2020
Coronavirus sees India’s biggest airline cut employee pay: internal memo
By Aditi Shah NEW DELHI (Reuters) - India's biggest airline IndiGo has cut the salaries of most employees by between 5% and 20% in response to the coronavirus outbreak, which has paralyzed air travel ...
Mar 19, 2020
Futures fall again as recession fears rage on
By Medha Singh (Reuters) - U.S. stock index futures fell for the third time this week on Thursday as sweeping emergency action from policymakers across the globe failed to convince panic-stricken equi...
Mar 19, 2020
Hungary central bank to hold off on rate cuts, some see chance for QE: Reuters poll
By Gergely Szakacs BUDAPEST (Reuters) - Hungary's central bank is expected to leave key rates unchanged next Tuesday, although some analysts have penciled in small rate cuts, while others say the bank...
Mar 19, 2020
Germany economy could shrink between 4.5% and 9% in 2020: IfW
BERLIN (Reuters) - Germany's IfW institute on Thursday revised its 2020 growth forecast for Europe's largest economy due to the coronavirus outbreak, predicting gross domestic product to shrink betwee...
Mar 19, 2020
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