Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China’s holdings of U.S. Treasuries skid to 12-year low; Japan also cuts holdings
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - China's holdings of U.S Treasuries tumbled in April to their lowest since May 2010, data showed on Wednesday, with Chinese investors likely cutting los...
Jun 15, 2022
U.S. ironing out energy sector disputes with Mexico worth $30 billion -ambassador
MEXICO CITY (Reuters) - The United States and Mexico are working through disputes involving American companies in the Mexican energy sector worth more than an estimated $30 billion in investment, the ...
Jun 15, 2022
Gulf central banks raise rates as U.S. Fed lifts to 75 bps
By Yousef Saba DUBAI (Reuters) - Most Gulf central banks followed the U.S. Federal Reserve on Wednesday, lifting their key interest rates by three-quarters of a percentage point, while Saudi Arabia ma...
Jun 15, 2022
Unilever shareholder sues over Ben & Jerry’s Israel boycott
By Jonathan Stempel NEW YORK (Reuters) - Unilever Plc was sued on Wednesday by a U.S. shareholder who said the company mishandled the decision by its Ben & Jerry's unit to stop selling ice cream in Is...
Jun 15, 2022
Exclusive-FAA urges airlines to act as wireless carriers plan 5G signal boost
WASHINGTON (Reuters) - The acting head of the U.S. Federal Aviation Administration (FAA) on Wednesday urged the chief executives of major U.S. airlines to move quickly to address risks of C-Band 5G in...
Jun 15, 2022
JPMorgan, Wells Fargo raise prime rates to match Fed’s hike
(Reuters) - U.S. banks JPMorgan Chase & Co and Wells Fargo & Co said on Wednesday they had raised their prime lending rates by 75 basis points to 4.75%, effective Thursday, matching the Federal Reserv...
Jun 15, 2022
Mexican financial system stable but global risks weigh -central bank
By Kylie Madry and Brendan O'Boyle MEXICO CITY (Reuters) - Mexico's financial system is resilient and solid despite international economic and geopolitical volatility, the central bank chief said on W...
Jun 15, 2022
ECB bond-buying scheme likely to have loose conditions -sources
By Francesco Canepa MILAN (Reuters) - The European Central Bank is likely to attach some loose conditions to an upcoming scheme designed to cap borrowing costs for the euro zone's most indebted states...
Jun 15, 2022
GM invests $81 million to build Cadillac Celestiq EV flagship in Michigan
By Paul Lienert (Reuters) - General Motors will invest $81 million to build its future Cadillac Celestiq electric flagship sedan at GM's Warren Technical Center, the company said on Wednesday. The Cel...
Jun 15, 2022
Biden keeping “mind open” on relaxing China tariffs
WASHINGTON (Reuters) - U.S. President Joe Biden will keep an open mind when considering relaxing tariffs on Chinese goods, White House spokesman John Kirby said on Wednesday. Biden has said he is cons...
Jun 15, 2022
