Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan to leave out budget-balance mention in policy roadmap, draft shows
TOKYO (Reuters) - Japan's government will leave out an explicit mention of its target to achieve a primary budget surplus by fiscal 2025 in its long-term economic policy roadmap for this year, a draft...
Jul 08, 2020
German exports to fall by 15% in 2020: DIHK
BERLIN (Reuters) - German exports will drop by 15% this year and will only recover slightly in 2021, Germany's DIHK chambers of commerce said on Wednesday. Exports will rise by a single-digit percenta...
Jul 08, 2020
Tesla China sold 14,954 Model 3 vehicles in June, up 35% on the month
BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc sold 14,954 Shanghai-made Model 3 vehicles in China in June, up 35% month-on-month, according to the China Passenger Car Association (CPCA). T...
Jul 08, 2020
COVID-19 pandemic plunges working world into crisis: ILO
GENEVA (Reuters) - Global leaders called for a comprehensive approach to counter the impact of the coronavirus pandemic, which International Labour Organization chief Guy Ryder said on Wednesday had p...
Jul 08, 2020
Analysts cut earnings estimate for Asian companies for fifth straight month
(Reuters) - Analysts cut their forward 12-month earnings estimates for Asian companies for a fifth consecutive month in June, citing the economic fallout from the coronavirus pandemic. They lowered th...
Jul 08, 2020
EU says still assessing City’s financial market access
LONDON (Reuters) - Assessments of Britain's future access to the European Union financial market are "ongoing" and take into account how far the United Kingdom will diverge from the bloc's rules, a Eu...
Jul 08, 2020
Nokia shares fall on concerns over potential loss of Verizon business
(Reuters) - Shares in Nokia fell 8% in Wednesday morning trade on concerns that the Finnish company was losing the business of its key client Verizon in the United States. Overnight, JP Morgan downgra...
Jul 08, 2020
UK to nominate ex-minister Liam Fox as WTO boss: Spectator
LONDON (Reuters) - Britain will nominate former cabinet minister Liam Fox to be the new chief of the World Trade Organization, a journalist for the Spectator political magazine said on Wednesday. "Und...
Jul 08, 2020
Commerzbank board meets amid leadership void after top resignations
FRANKFURT (Reuters) - Commerzbank's supervisory board is meeting on Wednesday primarily to discuss a leadership vacuum after the sudden dual resignation of the German lender's chief executive and chai...
Jul 08, 2020
Some 83% of German firms with foreign exposure complain of collapsing revenues
BERLIN (Reuters) - Around four-fifths of German firms with foreign exposure have experienced a collapse in revenues as a result of the coronavirus crisis, and 93% expect global economic conditions to ...
Jul 08, 2020
