Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Daimler raises outlook, says chip shortage may impact Q2 sales
LONDON (Reuters) - Mercedes-Benz car maker Daimler AG on Friday raised its profit outlook for 2021, but warned that the global semiconductor chip shortage may continue to impact its sales in the secon...
Apr 23, 2021
Japan factory output seen down again, retail sales up amid fragile recovery
By Tetsushi Kajimoto TOKYO (Reuters) - Japan's factory output likely fell for a second straight month in March, but retail sales were set for a solid rebound from the prior month's decline, a Reuters ...
Apr 23, 2021
Essity’s Q1 operating profit lags expectations
STOCKHOLM (Reuters) - Hygiene products group Essity reported on Friday a slightly bigger drop than expected in first-quarter operating profit and said it expected COVID-19 vaccine programmes to boost ...
Apr 23, 2021
The ex-convict’s tale: Germany’s role in Wirecard scandal under microscope
By John O'Donnell and Tom Sims FRANKFURT (Reuters) - In February 2019, after a steep drop in Wirecard's share price, German authorities launched criminal probes into short-sellers and journalists who ...
Apr 23, 2021
Leveling up: Embracer’s acquisition spree takes it to top of European games business
By Supantha Mukherjee KARLSTAD, Sweden (Reuters) - In a quiet corner of the town of Karlstad, 300 kilometres from Stockholm, a Swedish entrepreneur has built Europe's largest gaming company by market ...
Apr 23, 2021
Central American development bank to open Taiwan office
TAIPEI (Reuters) - The Central American Bank for Economic Integration (CABEI) will open a branch in Taipei, the bank and Taiwan's government said on Friday, the first international government organisa...
Apr 23, 2021
MUFG trims U.S. sell-side team to expand capital markets business – source
By Kate Duguid NEW YORK (Reuters) - Japanese mega-bank Mitsubishi UFJ Financial Group has cut six members of its U.S. team, four in sell-side markets research, sales and trading, and two investment-ba...
Apr 23, 2021
China, North Korea poised to resume freight rail links as trade revives
By Yew Lun Tian DANDONG, China (Reuters) - China is set to resume cargo train service with North Korea, people familiar with the matter said, following a 15-month border closure due to COVID-19, as tr...
Apr 23, 2021
Asian markets shake off U.S. tax worries to push higher
By Andrew Galbraith SHANGHAI (Reuters) - Asian shares rose on Friday after the European Central Bank left policy unchanged, extending a rebound following a sharp selloff earlier in the week, but gains...
Apr 22, 2021
Oil edges higher on U.S., Europe demand hopes
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose on Friday on hopes of a fuel demand recovery in the United States and Europe as economic growth picks up and lockdowns ease, but worries about Indi...
Apr 22, 2021
