Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Spotify results beat estimates as more users tune in
STOCKHOLM (Reuters) - Spotify Technology SA beat Wall Street estimates for first-quarter revenue and paid subscribers on Wednesday, as the music streaming company launched in newer markets and recorde...
Apr 28, 2021
EU fines Bank of America Merrill Lynch, C. Agricole, Credit Suisse 28.5 million euros
BRUSSELS (Reuters) - EU antitrust regulators on Wednesday fined Bank of America Merrill Lynch, Credit Agricole and Credit Suisse a total of 28.5 million euros ($34.4 million) for taking part in a bond...
Apr 28, 2021
Italy’s Mediaset shares rise on prospect of truce with Vivendi
ROME (Reuters) - Shares in Mediaset rose sharply on Wednesday amid signs Italy's top commercial broadcaster could be moving closer to ending years of legal sparring with France's Vivendi. Mediaset and...
Apr 28, 2021
Biden to push trillions in investment, plead for police reform in Congress speech
By Nandita Bose, Jarrett Renshaw and Trevor Hunnicutt Washington (Reuters) - U.S. President Joe Biden is expected to unveil a sweeping $1.8 trillion package for families and education in his first joi...
Apr 28, 2021
Column: Turning tide signals ebbing of liquidity ocean
By Mike Dolan LONDON (Reuters) - Is the tide receding for global asset prices, just as the real economic recovery is on the rise? A high water mark for the global money swell that lifted financial mar...
Apr 28, 2021
Analysis: Grab’s Nasdaq debut to test its $40 billion valuation, set roadmap for SPAC hopefuls
By Anshuman Daga SINGAPORE (Reuters) - Singapore's Grab more than doubled its valuation to $40 billion in about a year as part of the world's largest SPAC deal, but maintaining that level after its U....
Apr 28, 2021
China’s Huawei reports quarterly revenue drop as smartphone income hit
SHENZHEN, China (Reuters) - China's Huawei Technologies saw revenue fall 16.5% in the first quarter compared to a year earlier, hurt by a dip in sales after selling its budget smartphone unit Honor in...
Apr 28, 2021
Ad group WPP returns to growth as clients anticipate recovery
By Kate Holton LONDON (Reuters) - WPP, the world's biggest advertising company, returned to underlying growth in the first quarter of the year after clients launched new products and brands ahead of a...
Apr 28, 2021
Deutsche Bank, Lloyds earnings prop up European shares
(Corrects day of the week to Wednesday in first paragraph) (Reuters) - European stocks inched higher on Wednesday on expectations of a bumper earnings season following strong results from Deutsche Ban...
Apr 28, 2021
SoftBank to retire treasury shares after group’s largest-ever buyback
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp said on Wednesday it would retire treasury shares worth 16.3% of its outstanding stock after the group's largest-ever buyback swelled its holdings. ...
Apr 28, 2021
