Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Air freight rates skyrocket amid passenger flight cuts, Chinese factory restarts
By Lisa Baertlein and David Kirton LOS ANGELES/SHENZHEN (Reuters) - Air freight rates are skyrocketing after the grounding of many passenger flights in Asia has left shippers scrambling to book limite...
Mar 10, 2020
Tesla scouting central U.S. for new factory, Musk says
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk said on Tuesday he was looking for locations in the central United States to build a new factory for the company's electric pickup truck. "Scout...
Mar 10, 2020
Dollar resumes descent against safe-haven currencies as virus spreads
By Hideyuki Sano TOKYO (Reuters) - The dollar resumed its descent against the safe-haven Japanese yen and the Swiss franc on Wednesday as investors worried over how much governments and central banks ...
Mar 10, 2020
Stock rebound stalls as doubts about U.S. virus response grow
By Stanley White TOKYO (Reuters) - Asian shares and Wall Street futures fell on Wednesday as growing scepticism about Washington's stimulus package to fight the coronavirus outbreak knocked the steam ...
Mar 10, 2020
Japan, South Korea agree to continue dialogue on export controls
TOKYO/SEOUL (Reuters) - Japan and South Korea have agreed to continue dialogue on export controls, the two countries said on Wednesday, a day after they held their second round of senior-level talks s...
Mar 10, 2020
Australia central bank hopeful combined stimulus will blunt coronavirus impact
SYDNEY (Reuters) - The full impact of the coronavirus outbreak on Australia's economy was still uncertain but the combined effect of fiscal and monetary policy would support activity in the meantime, ...
Mar 10, 2020
Australia unveils $1.6 billion health package to combat coronavirus
SYDNEY (Reuters) - Australia unveiled a A$2.40 billion ($1.56 billion) health package on Wednesday that proposes to set up fever clinics and offer cost-free facilities for people to consult doctors ov...
Mar 10, 2020
UK to ramp up coronavirus fight in first budget of Johnson government
By William Schomberg LONDON (Reuters) - Britain's new finance minister Rishi Sunak will pledge billions of pounds to fight the impact of coronavirus on Wednesday, and the Bank of England might add its...
Mar 10, 2020
Investors hit pockets of illiquidity in U.S. Treasuries as yields drop to record lows
By Karen Brettell and Abhinav Ramnarayan (Reuters) - Some investors are growing increasingly concerned about liquidity disruptions in the more than $500 billion-a-day U.S. Treasury market, as volatili...
Mar 10, 2020
Tata Steel Europe to cut 1,250 jobs in turnaround push
(Reuters) - Tata Steel Europe is planning to cut 1,250 jobs as it faces "challenging circumstances" and "needs to urgently improve profitability", Chief Executive Officer Henrik Adam said in an intern...
Mar 10, 2020
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