Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed seen raising U.S. interest rates further to battle hot inflation
By Ann Saphir (Reuters) - Fresh data showing underlying U.S. inflation remained stubbornly hot in May are building a case for a longer string of sharp Federal Reserve interest rate hikes than previous...
Jun 10, 2022
Netflix shares slide as Goldman downgrades on grim economic picture
(Reuters) - Netflix Inc shares fell 5% on Friday after Goldman Sachs downgraded the streaming giant, which is facing a slowdown in consumer spending and tough competition from Amazon.com and Walt Disn...
Jun 10, 2022
Taiwan says U.S. understands its exchange rate policy stance
TAIPEI (Reuters) - The United States understands Taiwan's exchange rate policy stance and the two sides have "good" communication, a Taiwanese central bank official said on Friday, after the U.S. Trea...
Jun 10, 2022
Czech finance minister outlines plan to let firms to pay taxes in euros, look at more euro debt
By Jan Lopatka and Jason Hovet PRAGUE (Reuters) - The Czech government's plan to let companies pay taxes in euros from 2024 will enable the state to raise its borrowing in euros and it expects "low te...
Jun 10, 2022
Dutch government will not sell land to Facebook parent Meta -ANP
AMSTERDAM (Reuters) - The Dutch government will not yet sell land in the city of Zeewolde to Facebook owner Meta, news agency ANP reported on Friday, citing remarks by the country's housing minister. ...
Jun 10, 2022
Exclusive-Russia’s state-owned RNRC to reinsure Russian oil shipments, sources say
By Jonathan Saul LONDON (Reuters) - State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot's fleet, after Western insurance firms...
Jun 10, 2022
Exclusive-Czech minister plans lower 2023 deficit to keep fiscal plans on track
By Jan Lopatka and Jason Hovet PRAGUE (Reuters) - The Czech Republic's finance minister told Reuters he aimed to keep next year's budget deficit target below this year's plan - after a report last wee...
Jun 10, 2022
ECB bond reinvestments no ‘panacea’ for southern European debt, UBS warns
By Yoruk Bahceli (Reuters) - Gearing reinvestments of pandemic-era bond purchases back into stressed markets may not be enough to prevent unmanageable divergences in borrowing costs across the euro ar...
Jun 10, 2022
U.S. says Switzerland exceeds currency thresholds, no manipulator tag
WASHINGTON (Reuters) -The U.S. Treasury Department on Friday said Switzerland continued to exceed its thresholds for possible currency manipulation under a 2015 U.S. trade law, but refrained from bran...
Jun 10, 2022
Russian central bank governor speaks after cutting interest rates
(Reuters) -Russian Central Bank Governor Elvira Nabiullina gave a news conference after the central bank cut its key interest rate to 9.5% on Friday. Nabiullina spoke in Russian. The quotes below were...
Jun 10, 2022
