Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
ETFs, asset managers at risk from sudden sales over coronavirus: IMF official
By Megan Davies NEW YORK (Reuters) - Any sudden decision by investors to sell shares in credit-focused asset managers and exchange traded funds (ETFs) over concerns about the coronavirus outbreak coul...
Mar 11, 2020
China’s local governments must help people get back to work: China Daily
SHANGHAI (Reuters) - China's local governments must do their utmost to ensure that people return to work as soon as possible, and any further delay could have a bigger negative impact than the coronav...
Mar 11, 2020
Trump tried to pressure Fed Chair Powell on coronavirus response: Washington Post
SAN FRANCISCO (Reuters) - President Donald Trump this week tried to get Treasury Secretary Steven Mnuchin to push Federal Reserve Chair Jerome Powell to do more to boost the economy and stem the stock...
Mar 11, 2020
Euro holds tight ranges ahead of Trump, ECB virus response
By Tom Westbrook SINGAPORE (Reuters) - The euro held its nerve on Thursday, as markets wait to see how aggressively the European Central Bank will move to combat the coronavirus' economic shock, follo...
Mar 11, 2020
Bear market fears grip global shares as pandemic declared, eyes on Trump
By Hideyuki Sano TOKYO (Reuters) - Global shares were set for a rocky ride on Tuesday as investors tally the economic damage of coronavirus, a day after the U.S. Dow Jones industrials entered bear mar...
Mar 11, 2020
Fighting virus, ECB to run to Europe’s rescue. Again.
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank is all but certain to unveil new stimulus measures on Thursday, pushing policy closer to its limits to help the e...
Mar 11, 2020
CME to close Chicago trading floor on coronavirus concerns
(Reuters) - Exchange operator CME Group Inc said on Wednesday it would close its Chicago trading floor after the business hours on Friday to reduce large gatherings that can contribute to the spread o...
Mar 11, 2020
As S&P 500 selloff approaches 20%, what next?
By Noel Randewich SAN FRANCISCO (Reuters) - Fear about the coronavirus has pulled the S&P 500 down nearly 20% from its record high. So what? For many investors, Wall Street's recent deep losses are ma...
Mar 11, 2020
Cost of General Electric credit insurance rises along with coronavirus concerns
By Alwyn Scott NEW YORK (Reuters) - The cost to insure General Electric Co debt has shot up to levels last seen in 2018, possibly reflecting concern about the company's exposure to coronavirus-induced...
Mar 11, 2020
Coronavirus raises fears of U.S. auto sales slowdown, but production not suffering yet
By Ben Klayman DETROIT (Reuters) - Fears of a U.S. sales slowdown in auto showrooms due to the coronavirus outbreak that has spread globally are appearing in analysts' forecasts, but industry executiv...
Mar 11, 2020
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