Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Money markets wary, not yet flashing red as Fed offers tonic
By Tommy Wilkes and Saikat Chatterjee LONDON (Reuters) - A precipitous drop in global equity markets has seeped into higher demand for dollar funding, putting investors on guard for the kinds of money...
Syndicated Content Mar 09, 2020
Italy studying state guarantee for banks’ debt moratoriums
By Stefano Bernabei ROME (Reuters) - The Rome government is considering a state guarantee scheme to support banks offering debt moratoriums to firms and households grappling with the economic fallout ...
Syndicated Content Mar 09, 2020
Coronavirus fears, oil price plunge pummel world stocks
By Herbert Lash and Karin Strohecker NEW YORK/LONDON (Reuters) - Global stock markets plunged on Monday and oil prices tumbled by as much as a third after Saudi Arabia launched a price war with Russia...
Syndicated Content Mar 09, 2020
Market flop: Cineworld deal exposes stress in Europe’s credit market
By Sujata Rao and Josephine Mason LONDON (Reuters) - The move by banks to force Cineworld's top shareholder to refinance a loan without equity collateral is yet another sign of mounting stress in Euro...
Syndicated Content Mar 09, 2020
Amazon recommends New York, New Jersey employees work from home due to virus
(Reuters) - Amazon.com Inc has extended its work-from-home advisory to include employees in New York and New Jersey, the company said Monday, as the world's largest online retailer and other corporati...
Syndicated Content Mar 09, 2020
Investors dump Canadian stocks, bet on more rate cuts as oil slumps
By Fergal Smith TORONTO (Reuters) - Canada's main stock index fell on Monday by the most since the 2008 global financial crisis and the loonie hit a near-three-year low as a plunge in oil prices rattl...
Syndicated Content Mar 09, 2020
Yen, Swiss franc advance as risk appetite worsens on oil, coronavirus
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The safe-haven yen and Swiss franc surged on Monday, as risk appetite plummeted after a 30% crash in oil prices and tumbling stock markets panicked inv...
Syndicated Content Mar 09, 2020
U.S. bank shares slammed as virus, plunging oil amp up economic fears
By Sinad Carew and Elizabeth Dilts Marshall (Reuters) - Shares of U.S. banks sharply underperformed the broader stock market on Monday as investors bet tumbling interest rates would crush bank profits...
Syndicated Content Mar 09, 2020
Aon buys Willis for $30 billion in world’s largest insurance deal
By Noor Zainab Hussain and Suzanne Barlyn (Reuters) - Aon Plc said on Monday it would buy Willis Towers Watson Plc for nearly $30 billion, in an all-stock deal which will make it the world's biggest i...
Syndicated Content Mar 09, 2020
Orders sink for Italy’s luxury suppliers as virus spreads – sources
FLORENCE/VENICE/MILAN, March 9 (Reuters) - By Silvia Ognibene, Riccardo Bastianello, Silvia Aloisi Global luxury brands including Gucci and Louis Vuitton are scaling back orders with Italian suppliers...
Syndicated Content Mar 09, 2020



