Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Volkswagen taps Microsoft’s cloud to develop self-driving software
By Stephen Nellis (Reuters) - Volkswagen AG on Thursday said it will use Microsoft Corp's cloud computing services to help it streamline its software development efforts for self-driving cars. Volkswa...
Syndicated Content Feb 11, 2021
Exclusive: EU faces bankruptcies and bad loans as COVID-19 help for firms ends – EU document
By Jan Strupczewski BRUSSELS (Reuters) - The European Union is facing a surge in bankruptcies and bad loans once the post-pandemic economic recovery starts to take hold and governments begin withdrawi...
Syndicated Content Feb 11, 2021
S&P 500 to rise another 10% despite high valuations: Pictet Asset Mgmt
By Divya Chowdhury (Reuters) - Geneva-based Pictet Group's asset management arm expects the S&P 500 to rise 10% from its current levels, with improving economic growth and easy monetary policy helping...
Syndicated Content Feb 11, 2021
Commerzbank posts $3.3 billion fourth-quarter loss amid major restructuring
FRANKFURT (Reuters) - Germany's Commerzbank said on Thursday its net loss deepened to $3.3 billion in the fourth quarter, as the lender undergoes a major restructuring and deals with the fallout of th...
Syndicated Content Feb 11, 2021
With oil past peak, Shell vows to eliminate carbon by 2050
By Ron Bousso and Shadia Nasralla LONDON (Reuters) - Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, accelerating previous targets, as oil production was set to slowly ...
Syndicated Content Feb 11, 2021
European shares edge higher, AstraZeneca gains after earnings
(Reuters) - European shares edged higher on Thursday, still on track to end the week flat, as investors kept close watch on a barrage of earnings reports from companies for clues on the pace of busine...
Syndicated Content Feb 11, 2021
Analysis: Merkel’s vote of confidence in Deutsche Bank belies lender’s problems
By Tom Sims and Patricia Uhlig FRANKFURT (Reuters) - Angela Merkel will give a welcome speech at Deutsche Bank's annual New Year reception on Thursday, marking a rare appearance by the German chancell...
Syndicated Content Feb 11, 2021
Global equity funds secure biggest inflows in 2 years in week ended Feb 10
(Reuters) - Global equity funds led inflows in the week to Feb. 10, bolstered by upbeat corporate earnings and the prospects of a U.S. stimulus package. Investors purchased $43.1 billion in equity fun...
Syndicated Content Feb 11, 2021
AstraZeneca forecasts 2021 growth after fourth-quarter sales beat
(Reuters) - AstraZeneca on Thursday forecast 2021 revenue growth after the COVID-19 vaccine developer beat analysts' estimates for fourth-quarter product sales, as a wide range of therapies helped cus...
Syndicated Content Feb 11, 2021
Asian businesses suffer Lunar New Year blues over travel curbs
SINGAPORE (Reuters) - From a skyway operator in Australia to a tourist guide on Indonesia's resort island of Bali and a lion dance troupe in Malaysia, Asia's travel industry is hurting as coronavirus ...
Syndicated Content Feb 11, 2021
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