Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Analysis-China’s teapots crank back to life, aided by cheap Russian oil
By Muyu Xu SINGAPORE (Reuters) - China's army of small, privately owned oil refiners are raising output on hopes of recovering fuel demand as COVID-19 curbs ease and refining margins swell due to an i...
Jun 14, 2022
Rouble nears three-week high vs euro, stocks down
(Reuters) - The Russian rouble firmed towards a three-week high against the euro in volatile trade on Tuesday but was steady against the U.S. dollar, while stock indexes inched lower in the absence of...
Jun 14, 2022
Billionaire-founder Harold Hamm offers to take Continental private in $25-billion deal
(Reuters) -Shale producer Continental Resources Inc said on Tuesday it has received an all-cash buyout proposal from its founder Harold Hamm, valuing the company at $25.41 billion. Hamm family holds a...
Jun 14, 2022
Spirit Airlines in talks with JetBlue over improved proposal
(Reuters) - Spirit Airlines Inc said on Tuesday it was in talks with JetBlue Airways Corp about a sweetened buyout proposal from the bigger peer. (Reporting by Aishwarya Nair in Bengaluru; Editing by ...
Jun 14, 2022
Exclusive-Germany’s refinery dilemma tests Russian oil ban resolve
By Ron Bousso, Marek Strzelecki, Christoph Steitz and Markus Wacket BERLIN (Reuters) - Germany is struggling to find a way to wrest control of a Russian-owned refinery that supplies most of Berlin's f...
Jun 14, 2022
EU lawmaker committees object to planned ‘green’ label for gas, nuclear investments
By Kate Abnett BRUSSELS (Reuters) - Two European Parliament committees on Tuesday supported an attempt to stop the EU labelling gas and nuclear energy as climate-friendly investments. The committee vo...
Jun 14, 2022
Exclusive-OPEC sees global oil demand growth slowing in 2023, sources say
By Alex Lawler and Dmitry Zhdannikov LONDON (Reuters) - World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation an...
Jun 14, 2022
EU financial services chief calls for compromise on bank capital
By Huw Jones LONDON (Reuters) - European Union financial services chief Mairead McGuinness on Tuesday urged the bloc's lawmakers to agree on bank capital rules to keep the sector resilient as it emerg...
Jun 14, 2022
U.S. small-business sentiment dips in May -NFIB
WASHINGTON (Reuters) - U.S. small-business confidence edged down in May as worries about high inflation persisted, according to a survey on Tuesday, which also showed demand for labor remained strong ...
Jun 14, 2022
The pandemic broke the Fed’s model; this week may show how much
By Howard Schneider WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell used his first four years as the world's top central banker to reshape U.S. monetary policy around the idea that low infl...
Jun 14, 2022
