Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK accounting watchdog fines PwC over Galliford Try, Kier audit failures
LONDON (Reuters) - The Financial Reporting Council has fined accounting firm PwC around 5 million pounds ($6.22 million) as part of a package of sanctions following an investigation into audit failure...
Jun 07, 2022
German industrial orders fall more than expected in April
BERLIN (Reuters) - German industrial orders fell more than expected in April, the third decline in a row, driven by weakened demand and heightened uncertainty due to the Russian invasion of Ukraine, d...
Jun 07, 2022
Ted Baker says preferred bidder does not plan to make offer for fashion chain
(Reuters) - British fashion chain Ted Baker said on Tuesday that its preferred bidder did not plan to make an offer for the company and that it would now determine whether to take the formal sale proc...
Jun 07, 2022
Cryptoverse: The early birds betting bitcoin’s bottoming out
By Medha Singh and Lisa Pauline Mattackal (Reuters) - As the crypto winter creeps into June, the first signs of a thaw are emerging. Some investors are now betting that bitcoin is bottoming out, judgi...
Jun 07, 2022
Analysis-Shorts circle GameStop and AMC, sensing retail fatigue
By David Randall and John McCrank NEW YORK (Reuters) - Bearish investors are ramping up bets against meme stocks GameStop Corp and AMC Entertainment Holdings Inc, spotlighting how short sellers have g...
Jun 07, 2022
Philippines steps up inflation fight with food tariff cuts
MANILA (Reuters) - The Philippines said on Tuesday it has extended until the end of 2022 an executive order that lowers the tariff rate for rice imported from outside Southeast Asia to 35% from 40%-50...
Jun 06, 2022
Australia’s central bank raises rates by 50 bps in major surprise
SYDNEY (Reuters) - Australia's central bank raised its key cash rate by a surprisingly large 50 basis points to 0.85% on Tuesday and signaled yet more tightening would be needed as it battles to restr...
Jun 06, 2022
China’s May exports, imports seen recovering as supply chains restart – Reuters poll
BEIJING (Reuters) - China's exports are expected to have expanded at a faster pace in May as factories reopened and supply chain disruptions calmed after Shanghai began to emerge from a lockdown, whil...
Jun 06, 2022
CEO-worker pay gap jumps in 2021 at low-wage U.S. companies
By Simon Jessop LONDON (Reuters) - The pay gap between workers and CEOs at 300 publicly listed U.S. companies with the lowest median wage jumped in 2021, a study from the Institute for Policy Studies ...
Jun 06, 2022
Sony’s former chief executive Idei dies, aged 84
TOKYO (Reuters) -Sony Group Corp said on Tuesday its former chief executive, Nobuyuki Idei, died of liver failure on June 2, aged 84. Idei became president of Sony in 1995, chief executive in 1998 and...
Jun 06, 2022
