Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Asian Development Bank cuts regional growth forecasts on impact of war in Middle East
SINGAPORE, April 29 (Reuters) - The Asian Development Bank on Wednesday cut its economic growth forecast for the region to 4.7% this year and 4.8% next year, down from earlier projections of 5.1% for ...
Thomson Reuters 2h ago
Wall Street futures mixed ahead of Big Tech earnings, Fed meeting
April 29 (Reuters) - U.S. stock index futures were mixed on Wednesday, in a cautious start to a day packed with several Big Tech earnings reports and a Federal Reserve meeting expected to be Chair Jer...
Thomson Reuters 2h ago
Robinhood shares fall as crypto slump dents trading volume growth
By Manya Saini and Arasu Kannagi Basil April 29 (Reuters) - Robinhood's shares plunged 10% before the bell on Wednesday, as crypto-driven market volatility dampened its first-quarter trading volume gr...
Thomson Reuters 3h ago
GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation
April 29 (Reuters) - GKN Aerospace owner Melrose Industries reported an 11% jump in first-quarter revenue on Wednesday, supported by the strong performance of wide-body jets, engines, and its repairs ...
Thomson Reuters 3h ago
Volvo Cars' Q1 profit falls less than expected, says the US worse than expected
(Corrects to remove Reuters instrument code for Geely Holding in paragraph 2) By Marie Mannes STOCKHOLM, April 29 (Reuters) - Sweden-based Volvo Cars reported on Wednesday a smaller-than-expected fall...
Thomson Reuters 3h ago
Cognizant to buy Astreya for about $600 million
By Milana Vinn and Natalia Bueno Rebolledo April 29 (Reuters) - Cognizant Technology has agreed to buy Astreya, an IT services and technology provider focused on AI infrastructure and data center serv...
Thomson Reuters 3h ago
Italy consumer and business confidence plunge in April
ROME, April 29 (Reuters) - Morale among Italian consumers and businesses fell steeply in April, data showed on Wednesday, boding ill for the prospects of the euro zone's third largest economy, among t...
Thomson Reuters 4h ago
Analysis-Investors reload yen shorts in intervention test
By Gregor Stuart Hunter and Rocky Swift SINGAPORE, April 29 (Reuters) - Investors have built the biggest short yen position in nearly two years, selling the currency against the euro, Swiss franc, Bri...
Thomson Reuters 4h ago
Inflation up in three German states in April, pointing to national increase
By Maria Martinez BERLIN, April 29 (Reuters) - Inflation rose in three key German states in April, preliminary data showed on Wednesday, suggesting Germany's national inflation rate could increase thi...
Thomson Reuters 4h ago
Euro zone business lending picks up even as Iran war hits sentiment
FRANKFURT, April 29 (Reuters) - Bank lending to euro zone firms accelerated in March, even as the Iran war depressed economic sentiment, European Central Bank data showed on Wednesday, a hopeful sign ...
Thomson Reuters 4h ago
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