Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Russian furniture chains eye IKEA’s shuttered factories, stores
(Reuters) - Russian furniture chain Tvoi Dom and another brand Hoff are both considering buying IKEA's Russian assets after the Swedish firm put its factories up for sale, Russian news agencies report...
Jun 17, 2022
Tesco says Britons buying less and trading down to navigate inflation
By James Davey LONDON (Reuters) -Britons are buying less, switching to cheaper products and shopping more often as they try to cope with soaring inflation, supermarket giant Tesco said on Friday, desc...
Jun 17, 2022
Biden to lead major economies in push for more urgent action on climate
By Andrea Shalal WASHINGTON (Reuters) - U.S. President Joe Biden on Friday will urge China and other major economies to ramp up their efforts to combat climate change by cutting methane emissions, ado...
Jun 17, 2022
EssilorLuxottica to repurchase up to 2.5 million shares
PARIS (Reuters) - EssilorLuxottica said on Friday it was launching a new share buyback programme for a maximum of 2.5 million shares, or around 0.6% of its capital. The French-Italian eyewear giant, w...
Jun 17, 2022
Bank of England needs to be flexible on rates, Pill says
LONDON (Reuters) - The Bank of England's new message on the outlook for interest rates reflects how the central bank will have to be flexible as it faces an inflation rate heading above 11% but also a...
Jun 17, 2022
Russian gas flows to Europe dip further, slow storage buildup
By Nina Chestney LONDON (Reuters) - A further decline in Russian gas flows to Europe via the Nord Stream 1 pipeline, coinciding with an early heat wave gripping its south, deepened concerns the contin...
Jun 17, 2022
Britain likely to face recession in the next two years, says JPM
(Reuters) - Britain is increasingly likely to head into recession over the next year or two amid soaring inflation due to the country's vulnerability to external shocks, J.P.Morgan economists said on ...
Jun 17, 2022
White House kicks off push to train more broadband, construction and EV workers
By Andrea Shalal WASHINGTON (Reuters) - The White House will launch a summer-long initiative on Friday to encourage labor unions and industry to work together to train more workers for good jobs in th...
Jun 17, 2022
Market positioning suggests more pain for equities despite rout – BofA
By Saikat Chatterjee LONDON (Reuters) - A market trends indicator by BofA Securities fell to zero for the first time since the pandemic-induced mayhem in financial markets in 2020, signalling extreme ...
Jun 17, 2022
Euro zone inflation confirmed at record high 8.1% in May
FRANKFURT (Reuters) - Euro zone inflation rose to a record high 8.1% last month in line with a preliminary estimate, more than four times the European Central Bank's target and underscoring its plans ...
Jun 17, 2022
