Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: India mulls up to $1.6 billion rescue plan for aviation sector after coronavirus – sources
By Aftab Ahmed and Aditi Shah NEW DELHI (Reuters) - India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered after the coronavirus outbreak for...
Mar 18, 2020
Explainer: How sham trades tricked Germany out of billions
By John O'Donnell BONN (Reuters) - Two British bankers were handed suspended jail sentences on Wednesday and one told to pay a 14 million euro penalty in Germany's biggest post-war fraud trial of a sc...
Mar 18, 2020
U.S. truckers appeal for government to keep rest stops and gas stations open
WASHINGTON (Reuters) - As the United States gradually shuts down in a bid to slow the spread of the coronavirus, the trucking and tire industry is appealing to the government to allow gas stations, re...
Mar 18, 2020
U.S. Treasury, IRS delay tax payment deadlines to keep $300 billion in economy
WASHINGTON (Reuters) - The U.S. Treasury and the Internal Revenue Service on Wednesday said they would allow U.S. individuals and corporations to defer making certain tax payments until July 15 with n...
Mar 18, 2020
What is essential? Retailers face confusion over government rules on store closings
By Nandita Bose and Melissa Fares WASHINGTON/NEW YORK (Reuters) - As the United States moves to quickly curb the spread of the coronavirus, the question of which retailers can stay open - and where - ...
Mar 18, 2020
Government borrowing costs jump as virus-related support costs climb
By Yoruk Bahceli and Abhinav Ramnarayan LONDON (Reuters) - Borrowing costs in the United States, euro zone, Britain and Japan surged on Wednesday after two days in which governments across the globe a...
Mar 18, 2020
Exclusive: UK faces ‘massive shortage’ of ventilators – Swiss manufacturer
EMS, Switzerland (Reuters) - Britain faces a "massive shortage" of ventilators that will be needed to treat critically ill patients suffering from coronavirus, after it failed to invest enough in inte...
Mar 18, 2020
Calls for U.S. farm debt, loan relief grows as coronavirus spreads
By P.J. Huffstutter CHICAGO (Reuters) - U.S. livestock producers are urging the Department of Agriculture to let them defer or adjust payments for government loans as the coronavirus hits the already ...
Mar 18, 2020
JP Morgan slashes forecast for U.S. GDP, sees 14% second-quarter drop
SAN FRANCISCO (Reuters) - The U.S. economy could shrink 4% this quarter and 14% next quarter, and for the year is likely to shrink 1.5%, a JP Morgan economist said on Wednesday, in one of the most dir...
Mar 18, 2020
Audi says will temporarily suspend Mexican car production due to coronavirus
MEXICO CITY (Reuters) - German carmaker Audi AG said on Wednesday that it will suspend production at its plant in Mexico's Puebla state from March 23 through April 13 as the coronavirus hits global su...
Mar 18, 2020
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