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

BERLIN (Reuters) - Orders for German industrial goods dived 15.6% in March to their lowest level since records began in 1991, data showed on Wednesday, as the coronavirus slashed domestic and foreign ...

LONDON (Reuters) - ITV , Britain's biggest free-to-air commercial broadcaster, said COVID-19 had sent its advertising revenue down 42% last month, and an uncertain outlook meant it could not give guid...

BEIJING (Reuters) - China has allowed asset investment companies (AIC) to conduct asset management business to invest in debt-to-equity assets as regulators seek to expand equity financing and reduce ...

LONDON (Reuters) - Virgin Money swung to a first-half loss after setting aside 232 million pounds ($288 million) to handle loans likely to turn sour as a result of the coronavirus crisis. The bank, wh...

ROME (Reuters) - The independence of the European Central Bank is key to the foundations of the European Union and no constitutional court should decide what it can or cannot do, Italy's Prime Ministe...

FRANKFURT (Reuters) - BMW AG on Wednesday reported a 133% rise in first-quarter operating profit, due to the absence of a one-off provision in the year-earlier period, but said the impact of the coron...

LONDON (Reuters) - Corporate profits expectations for the second and third quarters continued to deteriorate sharply in Europe, Refinitiv data showed on Wednesday, as fears about the scale of the rece...

By Emma Rumney JOHANNESBURG (Reuters) - The expansion of South Africa's auto industry is central to the government's economic development strategy but the coronavirus crisis has forced carmakers into ...

By Nick Carey and Ben Klayman DETROIT (Reuters) - Investors want to know what kind of economic hit General Motors Co expects from the coronavirus pandemic as it moves forward, whether it needs to rais...

By Tom Westbrook, John McCrank and Gaurav Dogra SINGAPORE/NEW YORK/BENGALURU (Reuters) - As market volatility has eased after the mayhem of March, investors betting on a rocky economic recovery from t...