Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s Williams: “Critical” central banks understand impact of digital money
By Howard Schneider NEW YORK (Reuters) - The development of digital currency and payments technologies could change how the Federal Reserve conducts monetary policy and the composition of its balance ...
Jun 01, 2022
Russia’s post-Feb. 24 economic data paints mixed picture
(Reuters) - Russia's decision to send tens of thousands of troops into Ukraine on Feb. 24 and subsequent sanctions from the West have raised fears of an imminent economic crisis, but official data on ...
Jun 01, 2022
Russia records zero weekly inflation as another rates meeting looms
(Reuters) - Russia recorded a zero increase in consumer prices after modest deflation the week before, data showed on Wednesday, ahead of the central bank's rate-setting meeting scheduled for June 10....
Jun 01, 2022
Russia in “failure to pay” credit event, investor committee says
By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) - A panel of investors on Wednesday determined Russia had triggered a credit event after it failed to pay nearly $1.9 million in in...
Jun 01, 2022
3M expects $300 million revenue hit from China COVID lockdowns
(Reuters) - Industrial conglomerate 3M CO on Wednesday warned of a $300 million hit to revenue in the current quarter as COVID lockdowns in China slam demand and worsen supply chain issues. The compan...
Jun 01, 2022
Wells Fargo CEO sees $1 billion opportunity in growing investment bank
By Elizabeth Dilts Marshall and Niket Nishant NEW YORK (Reuters) - Wells Fargo & Co's Chief Executive Officer Charlie Scharf said Wednesday he wants to grow Wells' corporate and investment banking bus...
Jun 01, 2022
Factbox-Six EU countries not ready to adopt euro currency -Commission
BRUSSELS (Reuters) - Six of the seven EU countries outside the euro zone are still not ready to join, the European Commission said in a report on Wednesday, with only Croatia meeting all the criteria ...
Jun 01, 2022
No more bambinos? Italy’s firms move to tackle birth crisis
By Francesco Zecchini and Gavin Jones CARTIGLIANO, Italy (Reuters) - Businesses in the sleepy Italian town of Cartigliano are so worried about its declining birth rate and lack of workers that they ha...
Jun 01, 2022
Investors call for human rights report at gunmaker Sturm Ruger
(Refiling to restore dropped word "of" in penultimate paragraph) By Ross Kerber (Reuters) - A majority of shareholders of gunmaker Sturm Ruger & Co voted in favor of a shareholder resolution calling f...
Jun 01, 2022
BMW still hammering out details of promised fossil-fuel free plant
By Victoria Waldersee BERLIN (Reuters) - BMW is still hammering out how to make good on a promise to build the world's first fossil-free plant in Hungary, from how much energy can be generated on-site...
Jun 01, 2022
