Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Putin orders new budget rules to boost Russia’s growth
(Reuters) - Russian President Vladimir Putin on Tuesday ordered the government to draw up new budget rules by the end of July to boost growth and help protect the economy from a serious downturn. "Wor...
Jun 07, 2022
Target warns of weaker margins again as inflation curbs consumer spending
(Reuters) - Target Corp on Tuesday cut its quarterly margin forecast issued just weeks earlier, and said it would have to offer deeper discounts and stock more essential items, as inflation dents cons...
Jun 07, 2022
U.S. Treasury approves first state projects from $10 billion COVID broadband fund
By David Lawder and David Shepardson WASHINGTON (Reuters) - The U.S. Treasury on Tuesday announced the first state awards from a $10 billion COVID-19 aid program aimed at boosting broadband internet a...
Jun 07, 2022
Futures slip on worries over rising inflation and rate hikes
(Reuters) - U.S. stock index futures slipped on Tuesday on concerns over risks from rising inflation and the Federal Reserve's plan to further raise interest rates, while Kohl's Corp rose on news abou...
Jun 07, 2022
Russia CDS committee to meet on Wednesday after “credit event” call
LONDON (Reuters) - A key group of bond market participants will hold their next meeting on June 8 https://www.cdsdeterminationscommittees.org/cds/the-russian-federation-3 to hammer out how key Russian...
Jun 07, 2022
Emerging markets with twin 4% deficits to hit record – Fitch
By Rachel Savage LONDON (Reuters) - The share of emerging markets with budget and current account deficits of 4% of GDP or more is set to hit a record this year, ratings agency Fitch said Tuesday, as ...
Jun 07, 2022
Credit Suisse appoints Huang as head of APAC asset management
By Selena Li HONG KONG (Reuters) - Credit Suisse has appointed Min Huang to lead its asset management business in the Asia Pacific, an internal memo reviewed by Reuters showed on Tuesday. The appointm...
Jun 07, 2022
Italy statistics bureau cuts growth forecasts, warns of “strong downside risks”
By Gavin Jones ROME (Reuters) - Italy's economy will grow by 2.8% this year, national statistics bureau ISTAT said on Tuesday, slashing a 4.7% projection made in December as high raw material prices a...
Jun 07, 2022
Toronto new condo demand cools but prices seen firm as developers delay launches
By Nichola Saminather TORONTO (Reuters) - Demand for pre-construction condominiums across Toronto has started to soften with rising interest rates, but market- watchers say developers are unlikely to ...
Jun 07, 2022
EU countries, lawmakers clinch deal on single mobile charging port
BRUSSELS (Reuters) - EU countries and EU lawmakers agreed to a single mobile charging port on Tuesday, rejecting opposition from iPhone maker Apple. "By autumn 2024, USB Type-C will become the common ...
Jun 07, 2022
