Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Outlook for European corporate profits worsens further
LONDON (Reuters) - Expectations for second- and third-quarter corporate profits are deteriorating further in Europe, despite a gradual easing across the continent of lockdowns aimed at curbing the cor...
May 20, 2020
Coronavirus crushes Australia’s dividends with banks leading the decline
By Scott Murdoch and Tom Westbrook HONG KONG/SINGAPORE (Reuters) - Australia has made the deepest dividend cuts globally this year, with more than $6 billion deferred or cancelled as companies conserv...
May 20, 2020
‘It’s up to us’: how Merkel and Macron revived EU solidarity
By John Chalmers and Gabriela Baczynska BRUSSELS (Reuters) - It took a courtroom of scarlet-robed judges to spur Angela Merkel to make one of her boldest moves in 15 years as German chancellor: propos...
May 20, 2020
Did hedge funds score on masks and sanitizer? Not so much
By Svea Herbst-Bayliss and Lawrence Delevingne BOSTON (Reuters) - What would seem like a sure win for elite investors - early bets on companies racing to make face masks, hand sanitizer and other coro...
May 20, 2020
Global green energy growth to fall for first time in 20 years: IEA
By Nina Chestney LONDON (Reuters) - Global growth in new renewable energy capacity will experience its first annual decline in 20 years this year amid the coronavirus pandemic but is expected to pick ...
May 19, 2020
Luckin scandal ripple effect prompts chairman-backed firm to seek cash: sources
By Julie Zhu and Zhang Yan HONG KONG/BEIJING (Reuters) - A company linked to China's scandal-hit Luckin Coffee Inc is seeking fresh capital, sources said, highlighting the ripple effect of Luckin's fa...
May 19, 2020
William O’Neil accelerates China expansion amid pandemic, trade tension
SHANGHAI (Reuters) - The U.S. investment advisory firm founded by Wall Street trader William O'Neil is stepping up business expansion in China as Beijing accelerates financial deregulation amid rising...
May 19, 2020
HSBC sees double-digit wealth asset growth in Asia by 2023
By Sumeet Chatterjee HONG KONG (Reuters) - HSBC Holdings PLC expects to achieve double-digit asset growth in its newly combined wealth business in Asia Pacific in the next three years, as it looks to ...
May 19, 2020
Malaysia’s Petronas inks first LNG virtual deal
KUALA LUMPUR (Reuters) - Malaysia's national oil firm, Petroliam Nasional Bhd, has concluded a sales and purchase agreement with Tiger Clean Energy Limited (TCEL) via video teleconference to supply a ...
May 19, 2020
South Korea’s central bank needs to cut policy rate to near zero: government think-tank
SEOUL (Reuters) - A South Korean state-run think-tank said on Wednesday the central bank should cut benchmark interest rates to near zero to support an economy hit by the coronavirus pandemic. "There ...
May 19, 2020
