Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
The devil’s in the detail for junk debt investors facing coronavirus defaults
By Yoruk Bahceli LONDON (Reuters) - Before the coronavirus, investors hungry for returns piled into risky corporate loans and bonds with precious little protection for creditors. Now they're frantical...
Apr 30, 2020
Nokia first quarter in profit, revenues miss consensus
HELSINKI (Reuters) - Nokia Oyj on Thursday reported a 2% fall in first-quarter revenue that missed analysts' estimates, as it took a hit of about 200 million euros to its topline largely because the C...
Apr 30, 2020
Carlsberg first-quarter sales down 7%, expects further decline in second quarter
COPENHAGEN (Reuters) - Carlsberg said on Thursday sales fell 7% in the first quarter with a further decline expected this quarter, as increased beer sales in supermarkets failed to balance the closure...
Apr 30, 2020
Japanese consumer sentiment worsens sharply on coronavirus
TOKYO (Reuters) - Japanese consumer confidence worsened sharply in April, a Cabinet Office survey showed on Thursday, damaged by the coronavirus pandemic and social distancing policies. The survey's s...
Apr 30, 2020
Wirecard chairman voices support for embattled CEO: Handelsblatt
FRANKFURT (Reuters) - The chairman of Wirecard's supervisory board, Thomas Eichelmann, voiced support for the German payments company's chief executive, Markus Braun, despite controversy over previous...
Apr 29, 2020
Australian businesses borrow big to weather coronavirus storm
By Wayne Cole SYDNEY (Reuters) - Australian business borrowing surged by the most in three decades in March as firms stockpiled cash to see them through a widespread economic lockdown that is only now...
Apr 29, 2020
India’s Glenmark to conduct trials for potential COVID-19 drug, shares jump
BENGALURU (Reuters) - Shares of Glenmark Pharmaceuticals Ltd rose almost 9% on Thursday after the Indian drugmaker got an approval to conduct clinical trials with antiviral drug favipiravir, seen as a...
Apr 29, 2020
Millions of Americans likely applied for jobless benefits last week though wave is stabilizing
By Lucia Mutikani WASHINGTON (Reuters) - Millions more Americans likely filed claims for unemployment benefits last week, but the tide appears to be slowing, offering cautious hope of a peak in job lo...
Apr 29, 2020
Thai exports, tourism to slow until early next year amid outbreak: Deputy PM
BANGKOK (Reuters) - Thailand's exports and tourism, key drivers of growth, are expected to slow until early next year due to the impact of the coronavirus pandemic, a deputy prime minister said on Thu...
Apr 29, 2020
In rare move, Glass Lewis backs all MG Capital nominees to replace entire HC2 board
By Svea Herbst-Bayliss BOSTON (Reuters) - Proxy adviser Glass Lewis on Wednesday backed activist investor MG Capital by recommending that HC2 Holdings shareholders replace all board members with the i...
Apr 29, 2020
