Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

TOKYO (Reuters) - Japan's Sony Corp on Wednesday reported a 57% drop in fourth-quarter operating profit and refrained from providing an outlook for the current year due to uncertainty related to the c...

LONDON (Reuters) - Aston Martin posted a first-quarter pretax loss of 119 million pound ($146 million) after sales dropped by nearly a third due to the impact of the coronavirus outbreak and the desto...

COPENHAGEN (Reuters) - Shipping group A.P. Moller-Maersk posted first-quarter revenue in line with expectations on Wednesday but warned about a drop of as much as 25% in global container volumes in th...

LONDON (Reuters) - Britain's economy shrank by a record 5.8% in March from February as the coronavirus crisis escalated and the government ordered a shutdown of much of the country to stop the spread ...

By Michael Kahn, Anna Koper and Alan Charlish PRAGUE/WARSAW (Reuters) - As the COVID-19 pandemic wipes out jobs and empties offices across the world, companies in Central Europe that provide remote, l...

LONDON (Reuters) - Expectations for second- and third-quarter corporate profits have deteriorated in Europe, Refinitiv data showed on Wednesday, as fears grow over the extent of the recession triggere...

LONDON (Reuters) - European travel company TUI said that it needed to implement a cost-cutting programme to enable it to survive in a market weakened by the coronavirus pandemic, adding that it was re...

TOKYO (Reuters) - Nissan Motor Co plans to cut $2.8 billion in annual fixed costs as part of its restructuring plan, Bloomberg News reported on Wednesday, as it braces for a drop in sales that could c...

By Anthony Esposito, Daina Beth Solomon and Sharay Angulo MEXICO CITY (Reuters) - President Andres Manuel Lopez Obrador will lay out a roadmap on Wednesday for Mexico to re-open its economy, with a fo...

By Margarita Antidze TBILISI (Reuters) - The European Bank for Reconstruction and Development (EBRD) has cut its 2020 economic growth forecasts for Armenia, Azerbaijan and Georgia as they are hit by t...