Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Top producer Russia thwarts move to redefine ‘conflict diamonds’
By Helen Reid JOHANNESBURG (Reuters) - Russia has torpedoed a Western-backed proposal to discuss whether its diamonds are funding war ahead of an international conflict diamond meeting in Botswana, le...
Syndicated Content Jun 15, 2022
Abbott pauses baby formula production in Michigan after heavy rains
(Reuters) -Abbott Laboratories said on Wednesday it has stopped production of its EleCare specialty formula after severe storms in southwestern Michigan flooded areas of its plant in Sturgis, Michigan...
Syndicated Content Jun 15, 2022
Asia FX bears hit record high on hawkish Fed, China growth worries: Reuters poll
By Shashwat Awasthi and Savyata Mishra (Reuters) - Bearish bets on several Asian currencies hit a record high in the face of rising U.S. interest rates that supported the dollar, while repeated COVID-...
Syndicated Content Jun 15, 2022
Singapore hospitality trusts seen as ripe for more take-private deals
By Anshuman Daga SINGAPORE (Reuters) - Deals to take private Singapore's real estate investment trusts (REITs) are expected to gain momentum as the companies reel under rising interest rates and fierc...
Syndicated Content Jun 15, 2022
China’s May new home prices fall for second month
By Liangping Gao and Ryan Woo BEIJING (Reuters) - China's May new home prices fell for the second month this year, official data showed on Thursday, depressed by still fragile demand as widespread COV...
Syndicated Content Jun 15, 2022
South Korean president promises deregulation, reforms
SEOUL (Reuters) - South Korean President Yoon Suk-yeol promised on Thursday to remove outdated regulations hindering new businesses while calling for an immediate start to reforming labour practices, ...
Syndicated Content Jun 15, 2022
Global port congestion, high shipping rates to last into 2023 – execs
By Jeslyn Lerh SINGAPORE (Reuters) - Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday, urging charterers...
Syndicated Content Jun 15, 2022
Asian shares up after Fed lifts rates to tame inflation
By Andrew Galbraith SHANGHAI (Reuters) - Asian stocks rose on Thursday, while longer-dated U.S. government bond yields fell and the dollar was down from two-decade highs after the U.S. Federal Reserve...
Syndicated Content Jun 15, 2022
Oil rebounds after steep drop, underpinned by tight supplies
SINGAPORE (Reuters) - Oil prices recovered on Thursday from a steep drop in the previous session, supported by tight oil supply and peak summer consumption, after a U.S. rate hike sparked fears of slo...
Syndicated Content Jun 15, 2022
Nasdaq-listed 26 Capital to pursue $2.5 billion SPAC deal with Manila casino
By Neil Jerome Morales MANILA (Reuters) - The CEO of 26 Capital Acquisition Corp said on Wednesday the blank-check firm was committed to its $2.5 billion purchase of the Philippines' biggest integrate...
Syndicated Content Jun 15, 2022
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