Reuters Business News

Syndicate content Reuters News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 4 years 29 weeks ago

Germany's BaFin conducting multiple investigations into Wirecard: president

Tue, 05/12/2020 - 03:13
Germany's financial watchdog said on Tuesday that it was looking very closely at developments surrounding German payments company Wirecard .
Categories: Reuters

Saudi Aramco first-quarter net profit slides 25% as oil prices tumble

Tue, 05/12/2020 - 03:12
Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, missing analyst estimates, but its quarterly dividend was in line with a plan for a $75 billion base payout to shareholders for the year.
Categories: Reuters

Trump 'not interested' in reopening U.S.-China trade deal after report of Beijing discontent

Tue, 05/12/2020 - 02:58
U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China "Phase 1" trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement.
Categories: Reuters

Toyota expects profit to drop 80% this year as virus saps car sales

Tue, 05/12/2020 - 02:53
Toyota Motor Corp on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles.
Categories: Reuters

Ryanair CEO says UK quarantine plan is idiotic, unenforceable

Tue, 05/12/2020 - 02:42
Ryanair CEO Michael O'Leary on Tuesday said Britain's plan to have arriving passengers self-isolate in their accommodation for 14 days upon arrival was "idiotic" and effectively unenforceable.
Categories: Reuters

Once taboo, investors begin to imagine negative U.S. rates

Tue, 05/12/2020 - 02:33
Negative interest rates in the United States were once unimaginable. The coronavirus has changed that.
Categories: Reuters

Logitech sales surge as working from home boosts demand

Tue, 05/12/2020 - 02:26
Logitech International reported a 13.6% rise in quarterly sales on Tuesday as more people used its computer products while working from home due to the coronavirus crisis.
Categories: Reuters

Saudi Aramco first-quarter net profit slides 25% as oil prices fall

Tue, 05/12/2020 - 02:07
Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand.
Categories: Reuters

Saudi Aramco first-quarter net profit falls 25% as oil prices slump

Tue, 05/12/2020 - 01:47
Saudi Arabian state oil giant Aramco on Tuesday reported a 25% fall in first-quarter net profit, below analyst estimates, hurt by lower crude oil prices as the coronavirus slashed demand.
Categories: Reuters

Vodafone meets full-year expectations, pulls guidance on COVID-19 uncertainty

Tue, 05/12/2020 - 01:41
Vodafone , the world's second largest mobile operator, met expectations with a 2.6% rise in full-year core earnings to 14.9 billion euros ($16.10 billion), but did not give a current year outlook due to the uncertainty caused by the coronavirus.
Categories: Reuters

Ryanair to recommend face masks on board, ban toilet queues

Tue, 05/12/2020 - 01:32
Ryanair is to recommend that all passengers wear face masks on board when it reopens 40% of its route network on July 1 and customers will be required to ask crew to use the toilet, Europe's largest low-cost carrier announced on Tuesday.
Categories: Reuters

Honda posts 13% drop in annual operating profit

Tue, 05/12/2020 - 01:16
Honda Motor Co on Tuesday posted an 13% decline in annual operating profit as the coronavirus pandemic started to take its toll on global car demand.
Categories: Reuters

Thyssenkrupp second-quarter loss widens as coronavirus impact starts to show

Tue, 05/12/2020 - 00:11
Thyssenkrupp on Tuesday said its second-quarter net loss more than quintupled as the coronavirus pandemic hit all business lines at the struggling steel-to-submarines conglomerate.
Categories: Reuters

Stocks falter as anxiety grows over second coronavirus wave

Tue, 05/12/2020 - 00:08
Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.
Categories: Reuters

Toyota expects annual operating profit to drop 80% as virus saps car sales

Mon, 05/11/2020 - 23:49
Toyota Motor Corp said on Tuesday it expects to post its lowest annual operating profit in nine years as the automaker grapples with the impact of the novel coronavirus, which has sapped global demand for cars.
Categories: Reuters

Tencent Music misses quarterly revenue estimates, signals better second quarter

Mon, 05/11/2020 - 23:45
China's Tencent Music Entertainment narrowly missed market estimates for quarterly revenue on Monday as the COVID-19 crisis hurt the company's social entertainment services business, sending its shares down 4.5% in extended trade overnight.
Categories: Reuters

Toyota expects annual profit to hit nine-year low as coronavirus saps car sales

Mon, 05/11/2020 - 23:25
Toyota Motor Corp said on Tuesday it expected to post its lowest annual operating profit in 9 years as the Japanese automaker grapples with the impact of the coronavirus, which has sapped global demand for cars.
Categories: Reuters

Asian stocks stumble on fears of second coronavirus wave, oil up

Mon, 05/11/2020 - 22:22
Asian shares skidded on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.
Categories: Reuters

Tim Hortons China says Tencent has invested, did not disclose amount

Mon, 05/11/2020 - 22:13
Tim Hortons China said Tuesday it received an investment from Chinese tech giant Tencent, as the Canadian coffee brewer seeks to expand in the Chinese market.
Categories: Reuters

Logitech sales rise nearly 14% as work from home boosts demand

Mon, 05/11/2020 - 22:09
Logitech International reported a 13.6% rise in fourth-quarter sales on Tuesday as more people used its products while working from home due to the coronavirus crisis.
Categories: Reuters