Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Just another trading day: Wild swings and dash for cash trigger selling
By Karen Brettell, Megan Davies and Karen Pierog (Reuters) - Another day of massive swings across asset prices was marked by scant liquidity as investors dashed for cash while systematic strategies tr...
Mar 18, 2020
South Korea reports 152 new coronavirus cases, total 8,565 – KCDC
SEOUL (Reuters) - South Korea reported 152 new coronavirus cases on Thursday, taking the national tally to 8,565, the Korea Centers for Disease Control and Prevention said. The country had recorded fe...
Mar 18, 2020
Australia’s unemployment rate unexpectedly falls but virus risks build
By Swati Pandey SYDNEY (Reuters) - Australia's unemployment rate surprisingly slipped in February though risks are surging as travel restrictions and lockdowns related to the coronavirus pandemic thre...
Mar 18, 2020
Oil rockets nearly 20% as investors hail coronavirus stimulus spending – for now
By Aaron Sheldrick TOKYO (Reuters) - Oil prices surged as much as nearly 20% on Thursday, bouncing back from days of heavy losses in a relief rally that may yet be short-lived, analysts warned, but wh...
Mar 18, 2020
Boeing-Embraer deal on knife-edge as markets tumble
By Tim Hepher, Marcelo Rochabrun and Eric M. Johnson PARIS/SAO PAULO/SEATTLE (Reuters) - Brazil has upheld proposals by Boeing Co to buy the jetmaking arm of Embraer , but plunging markets have raised...
Mar 18, 2020
Qantas to cease international flying, tells majority of workforce to take leave
By Jamie Freed SYDNEY (Reuters) - Qantas Airways Ltd said on Thursday it will halt all international flights from late March until at least the end of May and is putting two-thirds of its workforce on...
Mar 18, 2020
South Korea warns of global credit crunch, will support dollar funding needs
SEOUL (Reuters) - South Korea's vice finance minister on Thursday said the government is preparing for a possible global credit crunch due to the disruptions caused by the coronavirus pandemic and vow...
Mar 18, 2020
Fed’s Kashkari says U.S. Congress needs speedy action as layoffs rise
By Ann Saphir (Reuters) - Minneapolis Federal Reserve President Neel Kashkari on Wednesday said U.S. Congress must act fast to help Americans already losing their jobs amid the fast-spreading coronavi...
Mar 18, 2020
Some Venezuelan gas stations empty as government bans queuing to slow coronavirus
By Mariela Nava and Luc Cohen MARACAIBO, Venezuela (Reuters) - Some gasoline stations in Venezuela were unusually empty on Wednesday, as regional authorities banned queuing for gasoline as part of a n...
Mar 18, 2020
Asian stocks find support after ECB purchase program
By Tom Westbrook SINGAPORE (Reuters) - Asian stock markets fought to stabilize on Thursday, as the latest promise of stimulus from the European Central Bank propped up sentiment while the world strugg...
Mar 18, 2020
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