Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
BoE’s Carney sees big challenges from central bank digital currency
LONDON (Reuters) - The Bank of England could face big challenges managing risks to financial and monetary stability if it launches its own digital currency, Governor Mark Carney said on Thursday. "Whi...
Mar 12, 2020
Bitcoin slumps as global market turmoil infects cryptocurrencies
LONDON (Reuters) - Bitcoin slumped on Thursday to its lowest in more than two months, with traders citing a sell-off across global markets as fears of the economic damage from the coronavirus pandemic...
Mar 12, 2020
Starved of dollars and drowning in debt, Lebanon’s economy sinks fast
By Eric Knecht and Ellen Francis BEIRUT (Reuters) - After importing medical supplies to Lebanon for 20 years, Hassan Hamdan shut his business in December. Sales were plummeting, clients couldn't pay, ...
Mar 12, 2020
Exclusive: Argentina needs ‘substantial’ relief in $70 billion debt talks, economy minister says
By Hugh Bronstein and Eliana Raszewski BUENOS AIRES (Reuters) - Argentina will need "substantial relief" as it restructures nearly $70 billion in debt with international bondholders, the country's eco...
Mar 12, 2020
Euro zone industry output jumped in January before virus blow
BRUSSELS (Reuters) - Euro zone industrial production leapt in January by far more than expected, official estimates released on Thursday show, in a sign that a recovery in the bloc was underway before...
Mar 12, 2020
Taiwan says another $1.3 billion available to stimulate economy
TAIPEI (Reuters) - Another almost T$40 billion ($1.33 billion) is available to stimulate Taiwan's economy on top of a previous T$60 billion package, President Tsai Ing-wen said on Thursday. The govern...
Mar 12, 2020
Italian businesses count heavy cost of coronavirus lockdown
By Valentina Za, Gavin Jones and Crispian Balmer MILAN/ROME (Reuters) - Even if Italy's draconian measures to stop the spread of coronavirus prove successful, they will leave an economy in tatters, wi...
Mar 12, 2020
India faces revenue fall as coronavirus bites economy: sources
By Manoj Kumar and Aftab Ahmed NEW DELHI (Reuters) - India faces a sharp decline in government revenues and economic growth for at least two quarters as the coronavirus hits economic activity and a fa...
Mar 12, 2020
Global supply chain disruptions from coronavirus will pressure China’s trade
BEIJING (Reuters) - China said on Thursday that the impact of the coronavirus pandemic on global supply chains will pressure Chinese exporters and importers as they look to pick up the pace of busines...
Mar 12, 2020
JP Morgan abandons Boeing buy call after three years
(Reuters) - JP Morgan analysts have given up on their long-term "overweight" call on Boeing Co shares, cutting their price target for the company by $160 to just $210 dollars in a note to clients on T...
Mar 12, 2020
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