Author Archives: Syndicated Content
Global airline capacity may fall up to 35% in 2020 on coronavirus: Moody's
(Reuters) - Global airline capacity may fall up to 35% this year, hamper credit quality of many airlines and push the weaker ones to default, credit ratings agency Moody's said on Friday, as a drop in...
Mar 20, 2020
Argentina needs substantial debt relief from private creditors: IMF
WASHINGTON (Reuters) - The International Monetary Fund said on Friday that Argentina needs substantial debt relief from private creditors to restore debt sustainability with a high degree of probabili...
Mar 20, 2020
Fed backstop for U.S. muni market may ease some rate pressures
By Karen Pierog CHICAGO (Reuters) - The battered U.S. municipal bond market could get a limited boost from the Federal Reserve's announcement it was expanding its money market support program to inclu...
Mar 20, 2020
Netflix creates $100 million fund to help displaced film and TV workers
LOS ANGELES (Reuters) - Netflix Inc has established a $100 million fund to assist workers on film and television productions that have been shut down due to the global coronavirus outbreak, the compan...
Mar 20, 2020
India's Tata Motors ready to halt one plant if virus concerns deepen
By Aditi Shah NEW DELHI (Reuters) - India's Tata Motors is rapidly scaling down activity at its car factory in the western state of Maharashtra and is preparing to close it if concerns about coronavir...
Mar 20, 2020
Fed should buy more MBS to avoid market 'accident': Barclays
(Reuters) - The Federal Reserve should increase its purchases of mortgage-backed bonds to reduce the risk that relative weakness in the asset class will lead to forced selling that could create an "ac...
Mar 20, 2020
IMF sees severe impact from pandemic on global economy, but crisis temporary
WASHINGTON (Reuters) - The impact of the global coronavirus pandemic will be "quite severe," but a long expansionary period and high employment rates mean the global economy should weather the current...
Mar 20, 2020
Brazil's government slashes 2020 GDP growth forecast to zero
By Jamie McGeever BRASILIA (Reuters) - Brazil's government on Friday slashed its 2020 economic growth forecast to zero from 2.1% previously, as it factored in the expected huge hit to activity from th...
Mar 20, 2020
Kraft Heinz talks with Amazon, Walmart daily to speed food deliveries
By Richa Naidu LONDON (Reuters) - Kraft Heinz speaks daily with Amazon.com and Walmart Inc , hoping to speed up deliveries as customers worldwide stay home and shop online to protect themselves from t...
Mar 20, 2020
With songs, screams and recipes, Americans find emotional balm six feet apart
By Maria Caspani, Alessandra Rafferty and Daphne Psaledakis NEW YORK (Reuters) - It's more than 10 months until Christmas, but as the global coronavirus pandemic takes hold in the United States, Marga...
Mar 20, 2020
