Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Russia’s Avtovaz plans to resume production of Lada Granta from June 8
(Reuters) - Russia's top carmaker Avtovaz said on Friday it would resume production of its best-selling Lada Granta model from June 8, after partially halting production in March due to a shortage of ...
Jun 03, 2022
Stainless steel makers Acerinox, Aperam confirm merger talks
(Reuters) -Acerinox and Aperam are in talks about a possible merger that could create Europe's top producer of stainless steel, the Spanish and Dutch companies said on Friday. "Discussions are at an e...
Jun 03, 2022
Take Five: Inflation stations
Investors will be crossing their fingers for a calmer inflation print from the United States, possibly allowing the Federal Reserve to go slower with its interest rate rises. They are less concerned a...
Jun 03, 2022
Crisis-hit Sri Lanka hopes for over $1 billion in foreign investment this year
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka is aiming to attract well over $1 billion in foreign direct investment this year, an official said on Friday, as the country wrestles with its worst ...
Jun 03, 2022
Euro zone retail trade weaker than expected as food sales fall
BRUSSELS (Reuters) - Euro zone retail sales were much weaker than expected in April, data showed on Friday, pulled down by principally by reduced purchases of food, drinks and tobacco. The EU's statis...
Jun 03, 2022
Musk’s jobs warning at Tesla underscores gloomy economic outlook
FRANKFURT (Reuters) - Tesla chief executive Elon Musk told top managers he had a "super bad feeling" about the economy and that the electric carmaker needed to cut staff by around 10%, according to an...
Jun 03, 2022
Russian rouble falls below 62 vs dollar on Friday trade
(Reuters) - The Russian rouble fell below 62 to the dollar on Friday and lost over 1% versus the euro as foreign demand for roubles to pay for Russian gas weakened. At 0757 GMT, the rouble was 0.9% we...
Jun 03, 2022
Russia McDonald’s new owner set to reopen, expand -Forbes
(Reuters) - McDonald's Russia aims to reopen all restaurants in two months, its new owner Alexander Govor was quoted as saying on Friday, and to expand to 1,000 locations from the 850 he took over las...
Jun 03, 2022
South Korean companies to build $1 billion green hydrogen plant in UAE
DUBAI (Reuters) - Three South Korean companies have signed an agreement to build a $1 billion green hydrogen and ammonia production plant in the United Arab Emirates, their UAE partner said on Friday....
Jun 03, 2022
Tech firms say India cyber rules risk creating ‘environment of fear’
By Munsif Vengattil NEW DELHI (Reuters) - Indian cybersecurity rules due to come into force later this month will create an "environment of fear rather than trust", a body representing top tech compan...
Jun 03, 2022
