Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Central banks double down in fight against ‘galloping’ inflation
LONDON (Reuters) - Major central banks are racing to ditch post-pandemic stimulus and picking up the pace of interest rate hikes to get on top of surging inflation. The Reserve Bank of Australia on Tu...
Jun 09, 2022
China’s smartphone makers chip away at Samsung, Apple’s Russian market share
(Reuters) - China's market share in the Russian smartphone market jumped significantly in May as manufacturers like Apple and Samsung paused new sales in Russia and Western sanctions weighed on the Ru...
Jun 09, 2022
In Airbus country, two-speed economy gives French left wings ahead of election
By Michel Rose TOULOUSE, France (Reuters) - The vibrant southern French city of Toulouse, home to pan-European industrial champion Airbus, might seem an unlikely prize for the anti-free market, eurosc...
Jun 09, 2022
Exclusive-Macellum, Ancora lose bid for board seats at SpartanNash-sources
(Reuters) - Hedge funds Macellum Advisors and Ancora Advisors have lost their bid for board seats at supermarket operator SpartanNash Co, according to two sources familiar with the matter. The two hed...
Jun 09, 2022
UK’s Johnson: higher public spending and wages risk fanning inflation
LONDON (Reuters) - British Prime Minister Boris Johnson on Thursday said that the surge in inflation meant the government could not simply spend more to support people through the cost-of-living crisi...
Jun 09, 2022
BioNTech to soon start mRNA vaccine factory construction in Rwanda
FRANKFURT (Reuters) - COVID-19 vaccine maker BioNTech said construction of an mRNA vaccine factory to serve Africa would start on June 23 in Rwanda. The groundbreaking ceremony in the capital city of ...
Jun 09, 2022
U.S. weekly jobless claims rise more than expected
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased more than expected last week, but remaining at a level consistent with a tight labor market. Initia...
Jun 09, 2022
Economic instability from Ukraine war will abate over time, UK’s Johnson
LONDON (Reuters) - Prime Minister Boris Johnson warned Britain on Thursday there was no quick fix to the instability prompted by Russia's invasion of Ukraine but that the economic consequences of the ...
Jun 09, 2022
Committee defers decision on Russia CDS auction after U.S. sanctions update
By Jorgelina do Rosario LONDON (Reuters) - The EMEA Credit Derivatives Determinations Committee said on Thursday it was deferring a decision over how to hold a potential auction on Russian credit defa...
Jun 09, 2022
Instant view: ECB ends bond buys, signals rate hikes; yields rise
LONDON (Reuters) - The European Central Bank confirmed on Thursday it will end a long-running bond buying scheme on July 1 and signalled a string of interest rate hikes from July as it battles stubbor...
Jun 09, 2022
