Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Amazon’s CEO of worldwide consumer business to join Flexport
(Reuters) - Amazon.com Inc's chief executive of worldwide consumer business Dave Clark will join logistics technology platform Flexport in September, according to his post on LinkedIn. Clark will step...
Jun 08, 2022
An ECB quandary: the hunt for a neutral euro zone interest rate
By Yoruk Bahceli (Reuters) - Euro zone interest rates rising to at least 0% by September seems like a done deal as inflation soars, but how high rates should go thereafter is dividing policymakers and...
Jun 08, 2022
Credit Suisse shares spike on reported State Street takeover interest
By Danilo Masoni MILAN (Reuters) - Shares in Credit Suisse turned sharply higher in afternoon trade on Wednesday with traders citing an Inside Paradeplatz report saying that U.S-based State Street is ...
Jun 08, 2022
U.S. wholesale inventories revised slightly up in April
WASHINGTON (Reuters) - U.S. wholesale inventories increased slightly more than initially thought in April as growth in sales moderated, data showed on Wednesday. The Commerce Department said that whol...
Jun 08, 2022
Barclays hires Rossman for activism defense from Lazard
BOSTON (Reuters) - Barclays Plc hired veteran Lazard banker Jim Rossman as its global head of shareholder advisory, people familiar with the matter said on Wednesday. The move comes as Barclays expand...
Jun 08, 2022
Mongolia urges transparency as Rio Tinto seeks control of giant Oyu Tolgoi project
By Clara Denina and Praveen Menon LONDON/SYDNEY (Reuters) - A top official at the giant Oyu Tolgoi copper-gold mining project in Mongolia has called for greater transparency and more power to the loca...
Jun 08, 2022
Hedge fund group complains to LME about cancelled nickel trades
LONDON (Reuters) - A hedge fund association has complained to the London Metal Exchange (LME) about the suspension of the nickel market and cancellation of nickel trades in March saying the exchange f...
Jun 08, 2022
Hasbro defeats board challenge from activist investor Alta Fox
(Reuters) - Hasbro Inc defeated a board challenge from activist hedge fund Alta Fox with shareholders re-electing all of the company's directors, the toymaker said on Wednesday, citing a preliminary t...
Jun 08, 2022
StanChart CEO sees shallow and short recession by early 2023
By Divya Chowdhury MUMBAI (Reuters) - Standard Chartered Chief Executive Bill Winters expects central banks' fight against surging inflation, driven by structural cost pressures such as wage growth, t...
Jun 08, 2022
Rouble firms past 60 vs dollar despite eased capital controls
(Reuters) - The Russian rouble climbed on Wednesday, firming past 60 per dollar, despite Russia's decision to ease some capital controls and expectations of an interest rate cut at an upcoming central...
Jun 08, 2022
