Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
European shares open higher with eyes on U.S. data
(Reuters) - European shares opened higher on Friday, with investors awaiting U.S. non-farm payrolls data to make bets about central bank tightening, while also bracing for any change in stance from th...
Jun 03, 2022
Exclusive-Musk says Tesla needs to cut staff by 10%, pauses all hiring
SAN FRANCISCO (Reuters) - Tesla chief executive Elon Musk said he had a "super bad feeling" about the economy and that the electric carmaker needed to cut staff by around 10%, according to an internal...
Jun 03, 2022
Activity in Swedish services sector unchanged in May – Silf/Swedbank
STOCKHOLM (Reuters) - Activity in Sweden's services sector was unchanged in May from April, data showed on Friday. The service sector purchasing managers index, PMI, stood at 68.2 points, far above th...
Jun 03, 2022
Panasonic finalising choice of U.S. state for battery plant – exec
TOKYO (Reuters) - Japan's Panasonic Holdings Corp, which makes batteries for electric car maker Tesla, is finalising a decision on which U.S. state it will choose as the site for a new battery plant, ...
Jun 03, 2022
German exports get 4.4% boost in April despite dwindling trade with Russia
BERLIN (Reuters) - German exports rose more than forecast in April, rising by 4.4% on the previous month, while imports increased by 3.1%, according to data released by the Federal Statistical Office ...
Jun 03, 2022
Russian service sector shrinks again in May on weak demand – PMI
(Reuters) - Russia's service sector shrank for the third consecutive month in May, under pressure from the impact of Western sanctions and weak demand at home, the S&P Global purchasing managers index...
Jun 03, 2022
Test makers target monkeypox market as cases surge
By Natalie Grover LONDON (Reuters) - Diagnostic companies are racing to develop tests for monkeypox, hoping to tap into a new market as governments ramp up efforts to trace the world's first major out...
Jun 03, 2022
Walmart to add 4,000 jobs with four new U.S. fulfillment centers
By Siddharth Cavale Bentonville, Ark. (Reuters) - Walmart Inc announced plans on Thursday to open four new fulfillment centers in the United States over the next two years, creating 4,000 new jobs tha...
Jun 03, 2022
BOJ’s Kuroda says price rises could hurt consumer mood
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday it was undesirable for prices to rise too much when household income growth remains weak. "Prices are rising particularly for go...
Jun 03, 2022
India May services growth at 11-year high, input inflation at record
BENGALURU (Reuters) - India's dominant services sector expanded at the fastest pace in 11 years in May on strong demand, although inflationary pressures touched new highs, restricting optimism and wei...
Jun 03, 2022
