Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Argentina interest rate seen up 200 bps as inflation boils over
By Jorge Otaola BUENOS AIRES (Reuters) - Argentina's benchmark interest rate is likely to be hiked another 200 basis points next week, analysts polled by Reuters estimated, as the central bank seeks t...
Jun 09, 2022
As top U.S. retailers drown in goods, rotation to services picks up inflation slack
By Howard Schneider WASHINGTON (Reuters) - Major retailers like Target Corp and Walmart Inc may be cutting prices to clear overstocked warehouses, but for hotel operators the revenue is pouring in wit...
Jun 09, 2022
A Fed soft landing for jobs means something else has to crack; so far it hasn’t
By Howard Schneider WASHINGTON (Reuters) - The healthy finances of U.S. banks, companies and households, trumpeted during the pandemic by Federal Reserve officials as a source of resilience, may be an...
Jun 09, 2022
ADB approves up to $4.3 billion loan for Philppine railway project
MANILA (Reuters) - The Asian Development Bank (ADB) said on Thursday it has approved a loan of up to $4.3 billion for a railway project in the Philippines, a much-needed boost for its ageing rail infr...
Jun 09, 2022
Greece plans to reduce state energy consumption by 30% by 2030
ATHENS (Reuters) - Greece on Thursday urged state entities to reduce use of air conditioning, install window shields and shut computers after working hours, to help cut electricity consumption and set...
Jun 09, 2022
China’s May new yuan loans seen rebounding on central bank support -Reuters poll
BEIJING (Reuters) - China's new yuan loans likely rebounded sharply in May after a drop in April, a Reuters poll showed, as the central bank ratchets up policy support for the slowing economy. Chinese...
Jun 09, 2022
China to consider reviving Ant Group’s IPO – Bloomberg News
(Reuters) -Chinese financial regulators have started early-stage discussions on a potential revival of an initial public offering (IPO) of Ant Group Co, controlled by billionaire Jack Ma, Bloomberg Ne...
Jun 09, 2022
Tesla’s China output decline trending deeper than Musk forecast, data and internal memos show
SHANGHAI (Reuters) - Production at Tesla Inc's Shanghai factory is on track to fall by over a third this quarter from the first three months of the year as China's zero-COVID lockdowns caused deeper d...
Jun 09, 2022
U.S. to propose standards for government funded EV charging projects
By David Shepardson WASHINGTON (Reuters) - The U.S. Transportation Department (USDOT) is on Thursday proposing minimum standards and requirements for electric vehicle (EV) charging projects funded und...
Jun 09, 2022
Disney+ takes on rivals in Middle East streaming market
By Yousef Saba DUBAI (Reuters) - Disney+ launched its steaming service in the Middle East and North Africa on Wednesday, vying for market share in a region where the population is young but few people...
Jun 09, 2022
