Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s George feared 75-basis-point rate hike added to ‘policy uncertainty’
(Reuters) - Kansas City Federal Reserve President Esther George on Friday said she dissented against the U.S. central bank's three-quarters-of-a-percentage-point interest rate increase this week becau...
Jun 17, 2022
Brazil’s Petrobras to raise fuel prices starting Saturday
SAO PAULO (Reuters) - Brazilian state-run oil company Petrobras said on Friday it will increase gasoline and diesel prices beginning on Saturday, upsetting top politicians as the country grapples with...
Jun 17, 2022
Goldman sees Turkey inflation of near 80% before relief comes
ISTANBUL (Reuters) - Goldman Sachs said on Friday it expects annual inflation in Turkey to reach almost 80% before easing to 60% by the end of 2022, thanks to so-called favourable base effects. Inflat...
Jun 17, 2022
Fed’s Bullard says soft landing ‘feasible’ for U.S. and Europe
(Reuters) - The U.S. Federal Reserve and the European Central Bank both have enough credibility to engineer a reduction in inflation without causing a deep recession like the last time the U.S. centra...
Jun 17, 2022
U.S. manufacturing output slips in May
WASHINGTON (Reuters) - Production at U.S. factories unexpectedly fell in May, suggesting some cooling in manufacturing, in part as spending shifts from goods to services. Manufacturing output dipped 0...
Jun 17, 2022
Russian rouble, stocks steady, defy global volatility
(Reuters) - The Russian rouble gained slightly on Friday, while stock markets dipped but remained steady compared with the extreme volatility of major U.S. and European bourses over recent days. At 12...
Jun 17, 2022
U.S. airline Allegiant sees strong demand lasting beyond summer
(Reuters) - Leisure airline Allegiant Travel Co said on Friday bookings beyond the summer travel season were trending above pre-pandemic levels, an early sign that demand was holding steady in the fac...
Jun 17, 2022
Novak says Russia waiting on Siemens, Canada over return of turbine
(Reuters) - Russia must wait and see what Germany's Siemens Energy and Canada offer in regard to equipment for the Nord Stream 1 gas pipeline, Deputy Prime Minister Alexander Novak said on Friday. Rus...
Jun 17, 2022
Babel Finance suspends withdrawals as crypto markets slump
(Reuters) - Hong Kong-based Babel Finance temporarily suspended the withdrawals and redemption of crypto assets on Friday, as the crypto lender scrambles to pay its clients after the recent slump in t...
Jun 17, 2022
Gas flows to France from Germany halted after Russia reduces supplies
PARIS (Reuters) - Gas flows from Germany to France have stopped since June 15 after what German officials on Friday described as Russia's politically motivated decision to reduce supplies to the Europ...
Jun 17, 2022
