Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Huawei smartphone shipments in China plunge by half in Q1: Canalys
SHANGHAI (Reuters) - China's Huawei Technologies Co Ltd, once the world's biggest smartphone maker, saw its phone shipments to retailers and other sellers within China plunge by half in the first quar...
Apr 29, 2021
Exclusive-Huawei deepens dive into EVs, seeks control of small automaker- sources
By Julie Zhu HONG KONG (Reuters) - China's Huawei Technologies is in talks to take control of a small domestic automaker's electric vehicle unit, two people with direct knowledge of the matter said, i...
Apr 29, 2021
Nokia Q1 beats expectations on higher 5G gear demand
STOCKHOLM (Reuters) - Finnish telecom network equipment maker Nokia on Thursday reported better-than-expected first-quarter revenue and profit, helped by a growth in sales of 5G equipment. Quarterly r...
Apr 29, 2021
Biden’s EU trade dilemma: more pain for Harley, distillers or back off metals tariffs?
By David Lawder and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) - The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: b...
Apr 29, 2021
Global EV sales accelerating, but government help needed – IEA
By Nick Carey LONDON (Reuters) - Global electric vehicle (EV) sales picked up speed in the first quarter, but more government action is needed on charging stations and fossil-fuel vehicle bans to keep...
Apr 29, 2021
Lufthansa reports narrower Q1 loss, expects recovery in H2
BERLIN (Reuters) - Deutsche Lufthansa on Thursday reported a smaller first-quarter net loss than a year earlier, thanks to drastic cost cuts, and said it expects a significant market recovery in the s...
Apr 29, 2021
Biden leaves his mark on markets in first 100 days
By Saqib Iqbal Ahmed and Noel Randewich NEW YORK (Reuters) - U.S. President Joe Biden's first 100 days in office have left an imprint on financial markets, as stocks extended last year's gains, the do...
Apr 29, 2021
Planemaker Airbus maintains forecasts as core profit rises
PARIS (Reuters) -Airbus posted higher first-quarter core earnings on Thursday but kept forecasts unchanged as its chief executive warned of uncertainty while the COVID-19 pandemic lingers. The world's...
Apr 29, 2021
StanChart Q1 profit rises 18% as it begins recovery from coronavirus impact
HONG KONG (Reuters) - Standard Chartered PLC posted on Thursday a higher- than-expected 18% rise in first-quarter pre-tax profit, as the emerging markets-focused bank began recovering from the economi...
Apr 29, 2021
U.S. solar industry unveils guidelines to free supply chain of forced labor
By Nichola Groom (Reuters) - The top U.S. solar industry trade group on Thursday issued a set of voluntary guidelines to solar panel manufacturers that it said could help rid products installed in the...
Apr 29, 2021
