Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German economy likely to shrink 5.5% in 2020, advisor tells Die Zeit
BERLIN (Reuters) - The head of Germany's panel of economic advisors expects Europe's biggest economy to shrink by at least 5.5% this year due to the coronavirus crisis compared with a previous forecas...
Apr 22, 2020
Canada’s Rogers withdraws 2020 outlook as coronavirus crisis deepens
(Reuters) - Canada's Rogers Communications Inc on Wednesday pulled its 2020 forecast due to uncertain economic conditions as a result of the coronavirus outbreak. The telecom operator's revenue for fi...
Apr 22, 2020
Slovenia to guarantee loans to companies hit by coronavirus
By Marja Novak LJUBLJANA (Reuters) - Slovenia will offer state guarantees of up to 2 billion euros (1.76 billion pounds) for loans to companies hit by the coronavirus epidemic, finance minister Andrej...
Apr 22, 2020
Baker Hughes quarterly adjusted profit falls 8%
(Reuters) - Oilfield services provider Baker Hughes Co reported an 8% fall in first-quarter adjusted profit on Wednesday and booked over $16 billion in impairment and restructuring charges. The compan...
Apr 22, 2020
‘Historic’ trading volumes drive Nasdaq’s profit higher
(Reuters) - Transatlantic exchange operator Nasdaq Inc reported a 23% rise in adjusted quarterly profit on Wednesday, benefiting from the coronavirus-fueled market volatility that led to a surge in tr...
Apr 22, 2020
American quandary: how to secure weapons-grade minerals without China
By Ernest Scheyder MOUNTAIN PASS, Calif. (Reuters) - The United States wants to curb its reliance on China for specialized minerals used to make weapons and high-tech equipment, but it faces a Catch-2...
Apr 22, 2020
Brazil’s Rio at mercy of Pimco, Dodge & Cox as oil cash dries up
By Gram Slattery RIO DE JANEIRO (Reuters) - Already grappling with one of Brazil's most severe outbreaks of the novel coronavirus and a budget deep in the red, Rio de Janeiro state faces a potential t...
Apr 22, 2020
BlackRock says sustainability reports might slide during pandemic
By Ross Kerber BOSTON (Reuters) - Top asset manager BlackRock Inc, which has vowed to put more focus on climate issues, said that companies might give a lower priority to sustainability reports as the...
Apr 22, 2020
Delta posts loss for first quarter amid pandemic slowdown
By Tracy Rucinski (Reuters) - Delta Air Lines Inc reported on Wednesday its first first-quarter loss in nine years and forecast a 90% decline in second-quarter revenue as the coronavirus crisis devast...
Apr 22, 2020
AT&T misses revenue estimates as coronavirus weighs on business
By Arriana McLymore and Sheila Dang (Reuters) - AT&T Inc's first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of the co...
Apr 22, 2020
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