Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Wirecard shares down 24% as CEO briefs analysts on KPMG audit
BERLIN (Reuters) - Shares in German payments company Wirecard extended losses to trade 24% lower on Tuesday as CEO Markus Braun briefed analysts on the results of an independent audit by KPMG into its...
Apr 28, 2020
EU governments risk clash with EU exec in bid to save tourism season
By Marine Strauss BRUSSELS (Reuters) - European Union governments risk a clash with the EU executive arm over their support for travel firms issuing vouchers for cancelled holiday deals without giving...
Apr 28, 2020
EU sets out ‘quick fixes’ to boost bank lending during pandemic
By Huw Jones LONDON (Reuters) - Banks should rein in bonuses to boost their capacity to help businesses and households hit by the coronavirus crisis, the European Union's executive said on Tuesday. Th...
Apr 28, 2020
Germany plans to examine non-EU purchases of stakes in its healthcare firms
BERLIN (Reuters) - Germany is preparing a change to its foreign trade regulations that would require the government to be informed of purchases by countries outside the European Union of stakes in key...
Apr 28, 2020
Remote work revenue could help Microsoft offset coronavirus impacts, analysts say
By Stephen Nellis (Reuters) - When Microsoft Corp reports earnings on Wednesday, analysts expect some areas of its business to take a hit from the novel coronavirus pandemic, with lower-than-expected ...
Apr 28, 2020
U.S. store visits jump to March levels as some states ease restrictions
By Howard Schneider WASHINGTON (Reuters) - Visits to U.S. retail stores ticked up last week as some states began lifting restrictions imposed to fight the coronavirus pandemic, according to cellphone ...
Apr 28, 2020
Millions of Americans locked out of unemployment system, survey finds
By Andy Sullivan WASHINGTON (Reuters) - Millions of Americans who have been thrown out of work during the coronavirus pandemic have been unable to register for unemployment benefits since the U.S. eco...
Apr 28, 2020
Merck profit rises, cuts 2020 forecast over COVID-19 uncertainty
(Reuters) - Merck & Co Inc on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertai...
Apr 28, 2020
China discounts, cheaper iPhone to cushion Apple from virus blow to demand
By Josh Horwitz SHANGHAI (Reuters) - Apple Inc's discounts on the iPhone 11 in China and the release of a new low-price SE model have put the company in a better position than rivals to weather a coro...
Apr 28, 2020
Harley-Davidson quarterly profit falls about 45%
(Reuters) - Harley-Davidson Inc reported a drop of about 45% in quarterly profit on Tuesday as motorcycle sales took a hit from global lockdowns due to the coronavirus pandemic. Harley's net income fe...
Apr 28, 2020
