Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
S.Korea’s LG Energy Solution launches nickel processing plants in Indonesia
By Bernadette Christina and Gayatri Suroyo JAKARTA (Reuters) - South Korea's LG Energy Solution (LGES) on Wednesday broke ground on nickel processing plants in Indonesia, part of the company's $9.8 bi...
Jun 08, 2022
Japan service sector sentiment rises for 3rd month in May -govt
TOKYO (Reuters) - Japan's service sector sentiment index rose for the third straight month in May, a sign of improving sentiment about the overall economy, a Cabinet Office survey showed on Wednesday....
Jun 08, 2022
Credit Suisse says loss likely for second quarter
ZURICH (Reuters) - Credit Suisse is likely to experience a group-wide loss in the second quarter, the bank said on Wednesday, a further blow to the embattled lender. "The combination of the current ge...
Jun 07, 2022
Nike says to end run club app in China; to offer “localised solution”
By Winni Zhou and Casey Hall SHANGHAI (Reuters) - Nike Inc, the world's largest sportswear maker, is discontinuing its popular Nike Run Club (NRC) App in China from Wednesday, the company said, the la...
Jun 07, 2022
India raises rates for second straight month to tackle racing inflation
By Swati Bhat and Nupur Anand MUMBAI (Reuters) -The Reserve Bank of India's key interest rate was raised by 50 basis points on Wednesday as widely expected, in the second hike in as many months, in a ...
Jun 07, 2022
VW’s CUPRA to launch three electric models by 2025
By Joan Faus BARCELONA (Reuters) - Volkswagen's Spanish brand CUPRA will launch three electric models by 2025, including what would be its first fully electric vehicle to be made in Spain, CUPRA said ...
Jun 07, 2022
Carrefour Brasil to elect new board members, sets governance norms
SAO PAULO (Reuters) - Supermarket chain Carrefour Brasil said Tuesday that its board approved calling a shareholders meeting to elect new board members and update governance standards. Alexandre Bompa...
Jun 07, 2022
China will adopt targeted measures to help foreign trade firms: vice commerce minister
BEIJING (Reuters) - China's foreign trade is facing uncertainty and huge pressure due to domestic and external factors, including logistics problems and soaring raw material prices, Vice Commerce Mini...
Jun 07, 2022
Asia stocks advance as investors weigh impact of hawkish central banks
By Selena Li HONG KONG (Reuters) - Asia stocks rose on Wednesday, encouraged by a rally on Wall Street, but gains were kept in check by worries that aggressive central bank policy tightening will stif...
Jun 07, 2022
Australia’s energy woes deliver inflationary shock to RBA
By Wayne Cole SYDNEY (Reuters) - A recent spike in Australia's energy prices is threatening to keep inflation higher for longer, a major reason policymakers this week felt compelled to hike interest r...
Jun 07, 2022
