Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Lilly hires outside advisor for COVID drug plant problems
(Reuters) - Eli Lilly and Co said late on Tuesday it had hired an independent consultant to review a plant producing its promising COVID-19 drug after receiving notices from the U.S. health regulator....
Oct 21, 2020
UK’s Sunak says of soaring borrowing: things could have been far worse
LONDON (Reuters) - After statistics showed state borrowing had soared while tax receipts had fallen, British finance minister Rishi Sunak said on Wednesday that things could have been far worse had th...
Oct 21, 2020
Column: Savings stash squares brutal second-wave rescue costs – Mike Dolan
By Mike Dolan LONDON (Reuters) - The public's financial caution around lockdowns continues to give governments and central banks both the reason and room for open-ended support of their economies thro...
Oct 21, 2020
BOJ member says swift action needed if COVID-19 delays economic recovery
By Leika Kihara TOKYO (Reuters) - Bank of Japan board member Makoto Sakurai said on Wednesday the central bank must take "swift and appropriate" action if the coronavirus shock delays the country's ec...
Oct 20, 2020
China’s 2020 auto production and sales could return to 2019 levels: government official
Xian, CHINA/SHANGHAI (Reuters) - China's 2020 auto production and sales may possibly be close to last year's levels should they keep growing in the fourth quarter, an official from the country's state...
Oct 20, 2020
Oil prices slip as U.S. inventory build stokes fears of supply glut
By Yuka Obayashi TOKYO (Reuters) - Oil prices eased on Wednesday after a surprise build-up in U.S. crude stockpiles stoked concerns about a global supply glut even as a spike in global COVID-19 cases ...
Oct 20, 2020
Amazon extends work from home option till June
By Kanishka Singh (Reuters) - Amazon.com Inc on Tuesday told employees whose work can be done from home that they can do so until June, extending the timeline on a return to office due to the COVID-19...
Oct 20, 2020
Stimulus hopes press dollar to one-month low; yuan soars
By Tom Westbrook SINGAPORE (Reuters) - The dollar hit a one-month low on Wednesday as investors who are optimistic about a pre-election U.S. stimulus package sought out riskier currencies, while the s...
Oct 20, 2020
Cathay Pacific to slash workforce, end Cathay Dragon brand due to pandemic
By Jamie Freed SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grap...
Oct 20, 2020
Asian stocks gain on U.S. stimulus hope, yuan surges
By Stanley White and Jessica DiNapoli TOKYO/NEW YORK (Reuters) - Asian shares and U.S. stock futures rose on Wednesday as renewed hopes for a new round of U.S. stimulus drew money into equities from g...
Oct 20, 2020
