Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Volkswagen withdraws 2020 outlook after renvenue drop 8% in first quarter
FRANKFURT (Reuters) - Volkswagen Group on Thursday said that it was withdrawing its outlook for 2020 amid uncertainty related to the coronavirus outbreak which caused a fall in demand and group revenu...
Apr 16, 2020
UK headed for historic slump as retail sales slide, firms close
By David Milliken and William Schomberg LONDON (Reuters) - Britain's economy looks set for a widely feared record contraction after figures showed retail spending plunged by more than a quarter and on...
Apr 16, 2020
Daimler/BMW’s ‘FREE NOW’ service to restructure, integrate French app Kapten
PARIS (Reuters) - The 'FREE NOW' taxi ride-hailing service run by Daimler and BMW announced on Thursday a corporate restructuring, which could lead to job cuts, and unveiled plans to merge with French...
Apr 16, 2020
Options markets send cautiously bullish signal on U.S. stock rally
By April Joyner NEW YORK (Reuters) - As Wall Street stocks pause for breath following a blistering three-week surge, signals from the options market are suggesting that some investors believe the gain...
Apr 16, 2020
Indian gold demand could hit three-decade low as lockdown hits festivals, weddings
By Rajendra Jadhav MUMBAI (Reuters) - India's gold consumption in 2020 could fall as much as 50% from a year ago to the lowest level in nearly three decades as a nationwide lockdown has closed jewelle...
Apr 16, 2020
Some Accor hotels to admit mild coronavirus cases in Paris region
PARIS (Reuters) - French hotel group Accor said that some of its hotels in the Paris region will open on Thursday to people infected with the coronavirus who are symptom-free or showing slight symptom...
Apr 16, 2020
Thailand expects liquidity support for Thai Airways next week
BANGKOK (Reuters) - The Thai government expects to conclude a capital injection plan for flagship carrier Thai Airways International Pcl next week, a government minister said on Thursday. "On the capi...
Apr 16, 2020
Huawei chip unit orders up more domestic production as U.S. restrictions loom: sources
By Josh Horwitz SHANGHAI (Reuters) - Huawei Technologies Co Ltd is gradually shifting production of chips designed in-house away from Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and towards a mai...
Apr 16, 2020
Cash-strapped Thais rush to sell gold as coronavirus hits economy
By Jiraporn Kuhakan and Satawasin Staporncharnchai BANGKOK (Reuters) - Cash-strapped Thais rushed to sell gold in Bangkok's Chinatown, on Thursday, cashing in on a surge in the price of the precious m...
Apr 16, 2020
Argentina’s fledgling lithium sector clipped by coronavirus
By Marina Lammertyn BUENOS AIRES (Reuters) - Argentina's fledgling lithium sector has been torpedoed by the global spread of coronavirus, with operations stalled by a nationwide crackdown and some pro...
Apr 16, 2020
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