Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Puma reports strong sales despite port congestion, politics
BERLIN (Reuters) - German sportswear company Puma reported a 26% jump in first quarter sales on Wednesday despite ongoing coronavirus lockdowns, congestion at U.S. ports and the fact that Western bran...
Apr 28, 2021
Sony Q4 profit doubles, helped by gaming, movies and other content
TOKYO (Reuters) - Sony Corp on Wednesday posted fourth-quarter operating profit of 66.5 billion yen ($610.8 million), Reuters calculation showed, compared with a 35.4 billion yen profit a year earlier...
Apr 28, 2021
Analysis: Can the Rhine’s white gold power Germany’s green e-car race?
By Michael Nienaber BERLIN (Reuters) - With an eye on rapidly rising demand from Germany's electric vehicle industry, power and mining companies alike are striving to bring to the surface lithium trap...
Apr 28, 2021
Deutsche Bank swings to Q1 profit on investment bank strength
By Tom Sims FRANKFURT (Reuters) - Deutsche Bank swung to better-than-expected net profit in the first quarter of 2021 as strength at the investment bank helped offset the headwinds of an ongoing restr...
Apr 28, 2021
Fed likely to stay the course despite U.S. economy’s growing momentum
By Howard Schneider WASHINGTON (Reuters) - The U.S. economy has had a steady run of good news in recent months, with job gains accelerating as businesses reopen and forecasters projecting that 2021 wi...
Apr 28, 2021
Santander says Q1 net profit jumps five-fold boosted by U.S. unit
MADRID (Reuters) -Spain's Santander on Wednesday said its net profit in the first quarter jumped almost five times on lower loan provisions and boosted by record earnings at its U.S. unit and strong g...
Apr 28, 2021
Asian shares mixed as earnings fail to inspire before Fed
By Stanley White TOKYO (Reuters) - Asian shares were mixed on Wednesday as already high valuations discouraged investors from buying equities ahead of a closely-watched U.S. Federal Reserve meeting. M...
Apr 27, 2021
Samsung’s Lee family to pay more than 12 trln won inheritance taxes
SEOUL (Reuters) - The family of deceased Samsung Electronics chairman Lee Kun-hee said on Wednesday it will pay more than 12 trillion won ($10.78 billion) in inheritance taxes for the estate of the la...
Apr 27, 2021
Dollar pins hopes on Fed, Biden for cementing rebound from 8-week low
By Hideyuki Sano TOKYO (Reuters) - The dollar is set to take its cue from the U.S. Federal Reserve's policy statement and President Joe Biden's speech on Wednesday, as it seeks to extend a recovery fr...
Apr 27, 2021
Japan’s retail sales rise at fastest pace in five months
By Yoshifumi Takemoto and Daniel Leussink TOKYO (Reuters) - Japanese retail sales rose at the fastest pace in five months in March as consumer demand recovered from the huge hit it took from the coron...
Apr 27, 2021
