Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Brazil bank Itau sells stake in broker XP for $154 million -report
(Reuters) - Brazilian lender Itau Unibanco Holding SA on Tuesday sold some of its roughly 11% stake in New York-listed broker XP Inc for about $154 million, Brazil Journal reported without stating whe...
Jun 07, 2022
Taiwan’s TSMC says no concrete plans to build Europe factories for now
TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has no concrete plans for building factories in Europe at present, chairman Mark Liu said on Wednesday, adding customers in that reg...
Jun 07, 2022
BYD executive says it will supply batteries to Tesla ‘very soon’
SHANGHAI (Reuters) - China's BYD is preparing to supply Tesla Inc with batteries "very soon", a senior company executive told a state media anchor in a video released early on Wednesday. "We are now g...
Jun 07, 2022
Yen slides as Europe braces for rate hikes
By Tom Westbrook SINGAPORE (Reuters) - The yen hit a fresh 20-year low versus the dollar on Wednesday and slipped to a seven-year trough against the euro as traders awaited a European Central Bank mee...
Jun 07, 2022
Australian regulator sues Airbnb for allegedly misleading customers on pricing
(Reuters) - Australia's competition regulator on Wednesday said it had initiated proceedings against Airbnb Inc in the country's Federal Court for allegedly misleading consumers on pricing for accommo...
Jun 07, 2022
Japan’s current account surplus shrinks on record imports
By Tetsushi Kajimoto TOKYO (Reuters) - Japan's current account surplus shrank sharply in April as record imports overwhelmed exports, swinging the trade balance into the red, data showed on Wednesday,...
Jun 07, 2022
Oil prices inch higher ahead of U.S. inventories data
By Florence Tan SINGAPORE (Reuters) - Oil prices edged up on Wednesday ahead of data on U.S. oil inventories, with crude futures supported by tight supplies and recovering fuel demand as China's top c...
Jun 07, 2022
Singapore trading platform recognises crypto assets of accredited investors
By Anshuman Daga SINGAPORE (Reuters) - Singapore-based private securities platform ADDX said it has become the first financial firm in the city-state to recognise cryptocurrency in their assessment of...
Jun 07, 2022
Japan’s Q1 GDP revised up to 0.5% annualised contraction
TOKYO (Reuters) - Japan's economy shrank an annualised 0.5% in the first quarter, slightly better than the initial estimate of a 1.0% contraction, revised government data showed on Wednesday, as consu...
Jun 07, 2022
Germany to introduce bill to accelerate wind energy expansion – document
BERLIN (Reuters) - Germany's economy and climate ministry will present a package of measures to speed up the expansion of wind energy, documents reviewed by Reuters showed on Wednesday, as the country...
Jun 07, 2022
