Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
London overtakes San Francisco, New York as top FinTech hub, hedge fund says
March 12 - London has overtaken San Francisco and New York as the world's largest financial technology hub, as European FinTech funding achieved parity with the United States for the first time, accor...
Mar 12, 2026
Honda to post full-year loss, due to $15.7 billion hit on EV business
By Daniel Leussink TOKYO, March 12 (Reuters) - Honda warned on Thursday that it would tumble to a full-year loss, hit by restructuring to the tune of $15.7 billion at its EV business in the next few y...
Mar 12, 2026
BMW braces for another year of tariff and China struggles
By Rachel More and Christina Amann BERLIN, March 12 (Reuters) - BMW expects group pre-tax earnings to decline moderately this year and deliveries to stagnate, hit by trade barriers and cutthroat compe...
Mar 12, 2026
Estee Lauder Companies sues perfumer Jo Malone, Zara UK for using her name
By Angela Christy M and Ruchika Khanna March 12 (Reuters) - Cosmetics giant Estee Lauder Companies on Thursday said it filed a lawsuit against British entrepreneur Jo Malone, her fragrance brand "Jo L...
Mar 12, 2026
Daimler Truck sees broadly stable 2026 margins, expects stronger second half
March 12 (Reuters) - Daimler Truck on Thursday guided for a broadly stable 2026 profit margin in its industrial business and said it expected the second half of the year to be stronger than the first ...
Mar 12, 2026
Leonardo sees strong growth in 2026, proposes 0.63 euro/share dividend
ROME, March 12 (Reuters) - Italian defence group Leonardo said on Thursday it was "positioned on a path of strong growth", with orders, revenues and core profits set to rise further this year. The sta...
Mar 12, 2026
Cemex to shed some Colombia assets in $555 million deals; buyers include Holcim
By Kylie Madry March 11 (Reuters) - Mexican cement maker Cemex on Wednesday said it plans to sell some assets in Colombia in deals it expects to bring in around $555 million, as it continues to shed a...
Mar 12, 2026
Morning Bid: Iran widens war on shipping, Trump talks Strait
A look at the day ahead in European and global markets from Stella Qiu It takes one to start a war, but two to make peace. President Donald Trump may be talking about a war already won, but someone fo...
Mar 12, 2026
Investment fund questions valuations in Blue Owl's private credit portfolio, FT reports
March 12 (Reuters) - Glendon Capital Management has said that private credit lenders such as Blue Owl are obscuring weaknesses in their portfolios and a sharp correction in debt markets is approaching...
Mar 12, 2026
Renewed oil surge pummels Indian assets, pushes rupee to record low
By Jaspreet Kalra MUMBAI, March 12 (Reuters) - Indian assets declined on Thursday and the rupee fell to a record low, as a fresh surge in crude prices reignited worries over the economic impact of ene...
Mar 12, 2026
