Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Nissan to retrench further in new plan to focus on U.S., Japan, China
By Norihiko Shirouzu (Reuters) - Nissan Motor Co Ltd will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction for ...
May 04, 2020
Expo body set to approve year’s delay to Expo 2020 Dubai
DUBAI (Reuters) - The awarding body for World Expos is set to approve a one-year postponement of Expo 2020 Dubai, the Bureau International des Expositions (BIE) said on Monday. The resolution to delay...
May 04, 2020
Climate in German auto sector slumps ahead of crunch Merkel meeting
BERLIN (Reuters) - The business climate in Germany's auto sector suffered its biggest slump and hit its lowest level in April since 1991, when the Ifo economic institute began collecting data post-reu...
May 04, 2020
Coronavirus pushes Hong Kong economy into deepest contraction on record in first quarter
HONG KONG (Reuters) - Hong Kong's economy recorded in the first quarter its deepest annual contraction since at least 1974, as the coronavirus pandemic dealt a heavy blow to business activity, already...
May 04, 2020
Euro zone investor morale improves but current situation at record low: Sentix
BERLIN (Reuters) - Investor morale in the euro zone improved marginally in May but the assessment of current conditions hit an all-time low as the bloc faces unprecedented challenges posed by the coro...
May 04, 2020
J.P. Morgan raises U.S. stocks to ‘neutral’
(Reuters) - J.P. Morgan analysts raised their rating on U.S. stocks to "neutral" on Monday, saying they expected equity markets globally to consolidate from current levels, while not ruling out more w...
May 04, 2020
Dollar surges on worries that U.S.-China trade war will resume
By Olga Cotaga LONDON (Reuters) - The U.S. dollar surged against most major currencies on Monday amid fears that last year's U.S.-China dispute will be re-ignited, this time over the novel coronavirus...
May 04, 2020
HSBC to buy out life insurance joint venture partner in China
HONG KONG (Reuters) - HSBC Holdings PLC said on Monday its insurance unit had agreed to acquire its China life insurance venture partner's 50% stake to own fully the company under the new rules on for...
May 04, 2020
German manufacturing output posts record contraction in April: PMI
BERLIN (Reuters) - German factory output shrank at the fastest rate on record in April and firms in the export-oriented sector cut jobs at the fastest pace in almost 11 years, a survey showed on Monda...
May 04, 2020
French state will help national railway SNCF survive COVID crisis: minister
PARIS (Reuters) - The French state will help national railway firm SNCF survive the coronavirus crisis, Environment and Transport minister Elisabeth Borne said on Monday. The state-owned firm's CEO sa...
May 04, 2020
