Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
IMF urges coordinated, proportionate response to coronavirus
WASHINGTON (Reuters) - The International Monetary Fund on Thursday urged countries to work together in responding to the rapidly spreading coronavirus outbreak, and called for more donations to help t...
Mar 12, 2020
U.S. Treasury yields dive as market looks for aggressive Fed action
By Karen Pierog CHICAGO - U.S. Treasury yields tumbled on Thursday as stocks took another beating and anticipation grew for aggressive easing on the part of the Federal Reserve to help deal with the e...
Mar 12, 2020
IMF names U.S. Treasury official to No. 2 job, replacing Lipton
WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Thursday nominated U.S. Treasury official Geoffrey Okamoto as her top deputy, replacing longtime economist ...
Mar 12, 2020
France bolsters financial aid for firms reeling from coronavirus
By Leigh Thomas COLOMBES, France (Reuters) - France pledged more generous guarantees on loans made to small businesses, more cash for firms struggling to hold on to workers and a solidarity fund as it...
Mar 12, 2020
Exclusive: Lebanese crisis plan ready in weeks, will meet IMF recommendations – minister
By Tom Perry and Ellen Francis BEIRUT (Reuters) - Lebanon's plan to tackle a financial and economic crisis will meet IMF recommendations and will be ready in weeks, the finance minister said, adding t...
Mar 12, 2020
ECB to let euro zone banks breach requirements due to coronavirus
FRANKFURT (Reuters) - The European Central Bank decided on Thursday to let euro zone banks fall short of some key capital and cash requirements as they struggle with the coronavirus outbreak. The anno...
Mar 12, 2020
U.S. weekly jobless claims fall; producer prices weak
By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for unemployment benefit unexpectedly fell last week, but could rise in the coming weeks as the coronavirus pandemic causes comp...
Mar 12, 2020
EU watchdog delays banks stress test to 2021 on coronavirus
LONDON (Reuters) - The European Union's banking watchdog said it has postponed this year's stress test of lenders until next year so that banks can focus on their businesses during the coronavirus pan...
Mar 12, 2020
U.S. producer prices post biggest drop in five years
By Lucia Mutikani WASHINGTON (Reuters) - U.S. producer prices fell by the most in five years in February, pulled down by declines in the costs of goods such as gasoline and services. The Labor Departm...
Mar 12, 2020
JPMorgan to ask New York staff to work from home to stem virus spread: Bloomberg News
(Reuters) - JPMorgan Chase & Co is planning to ask New York-area employees to work from home to stem the spread of the coronavirus, Bloomberg news reported https://www.bloomberg.com/news/articles/2020...
Mar 12, 2020
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