Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Australian PM says will not deliver federal budget until October
SYDNEY (Reuters) - Australia will not release its federal budget until October as it was not "sensible" to put together economic forecasts during such uncertain times, Prime Minister Scott Morrison sa...
Mar 19, 2020
IMF expedites U.S. Treasury official’s appointment to No. 2 job
By David Lawder WASHINGTON (Reuters) - The International Monetary Fund said on Thursday it expedited the appointment of U.S. Treasury official Geoffrey Okamoto to its No. 2 position effective March 30...
Mar 19, 2020
China keeps lending benchmark unchanged but stimulus needed as virus hit worsens
SHANGHAI (Reuters) - China kept its benchmark lending rate unchanged on Friday, defying expectations for a reduction to ease borrowing costs in an economy jolted by widespread disruptions to businesse...
Mar 19, 2020
U.S. crude climbs after White House comments on Saudi-Russia dispute
By Koustav Samanta SINGAPORE (Reuters) - U.S crude oil prices edged higher on Friday, extending gains after a 24% jump the previous day, buoyed by hints from U.S. President Donald Trump he may interve...
Mar 19, 2020
Walmart to hire 150,000 workers as shoppers surge on coronavirus fears
(Reuters) - Big-box retailer Walmart Inc said on Thursday it would hire more than 150,000 hourly workers in the United States, citing a jump in shoppers due to the coronavirus pandemic. Rival Amazon.c...
Mar 19, 2020
Aeromexico to slash flights over coronavirus shock: memo
MEXICO CITY (Reuters) - Mexican airline Aeromexico will reduce domestic flight capacity by 35% and international capacity by 50% in response to the shock to demand caused by the coronavirus outbreak, ...
Mar 19, 2020
Mexico finance minister says oil proceeds in budget covered
MEXICO CITY (Reuters) - Mexican Finance Minister Arturo Herrera said on Thursday that "everything" in the federal budget from oil payments was covered, with oil hedges protecting 80% of the revenues a...
Mar 19, 2020
Australia central bank to buy up to $2.9 billion in first round of QE
By Swati Pandey SYDNEY (Reuters) - Australia's central bank plans to buy up to A$5 billion ($2.87 billion) in local government bonds on the first day of its bond buying program on Friday as it looks t...
Mar 19, 2020
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
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