Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Euro most resilient to climate change, yuan most exposed – Barclays
By Joice Alves LONDON (Reuters) - Climate change could play out to the advantage of the euro, while China's yuan and the Japanese yen are set to suffer the most without greater efforts to mitigate the...
Jun 14, 2022
Antibiotic drugmakers take steps to self-impose environmental safeguards
By Natalie Grover LONDON (Reuters) - In the absence of global standards limiting toxic emissions produced by antibiotics at the point of manufacture, the pharmaceutical industry has come up with its o...
Jun 14, 2022
Hungary flags objections to EU implementation of global minimum tax
BUDAPEST (Reuters) - Hungary raised objections over the implementation of a global minimum tax in the European Union on Tuesday, saying it can only support a proposal that does not disadvantage firms ...
Jun 14, 2022
Euro interbank borrowing rates see biggest daily surge in over 10 years
By Yoruk Bahceli (Reuters) -Euro area interbank borrowing rates saw their biggest daily jumps in over 10 years on Tuesday, reflecting huge increases in market expectations for European Central Bank ra...
Jun 14, 2022
U.S. producer prices increase strongly in May
WASHINGTON (Reuters) - U.S. producer prices increased solidly in May amid a surge in the cost of energy products, suggesting inflation could remain elevated for a while. The producer price index for f...
Jun 14, 2022
FedEx raises dividend by over 50%, adds two directors to board
(Reuters) -U.S. delivery firm FedEx Corp on Tuesday raised its quarterly dividend by more than 50% to $1.15 per share, sending its shares 10% higher in premarket trading. The company also said it woul...
Jun 14, 2022
OPEC sticks to forecast of 2022 oil demand exceeding pre-pandemic levels but sees risks
By Alex Lawler LONDON (Reuters) - OPEC has kept to its forecast that world oil demand will exceed pre-pandemic levels in 2022, but said Russia's invasion of Ukraine and developments around the coronav...
Jun 14, 2022
Ryanair’s Portuguese cabin staff to strike for three days in late June, union says
LISBON (Reuters) - Ryanair's Portuguese cabin staff will go on strike for three days in late June, Portugal's union of civil aviation personnel SNPVAC said on Tuesday. The workers, demanding complianc...
Jun 14, 2022
Coinbase to cut 1,100 jobs amid turmoil in crypto markets
(Reuters) -Cryptocurrency exchange Coinbase Global Inc said on Tuesday it would slash 18% of its workforce, or about 1,100 jobs, as part of efforts to rein in costs amid volatile market conditions. Th...
Jun 14, 2022
Shanghai Disney Resort to reopen Disneytown, hotel on June 16
BEIJING (Reuters) - Shanghai Disney Resort said on Tuesday it will reopen Disneytown and Shanghai Disneyland hotel on June 16 but the main Disneyland park will remain closed until further notice. Toy ...
Jun 14, 2022
