Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
TSX futures slip as surging inflation fuels growth concerns
(Reuters) - Futures for Canada's main commodity-heavy stock index fell on Tuesday as prospects of aggressive tightening by central banks to tame inflation stoked concerns of a global economic slowdown...
May 31, 2022
Portugal’s quarterly growth accelerates, contrasts with EU slowdown
(Reuters) - The pace of Portugal's economic growth doubled to 11.9% in the first quarter from a year earlier and accelerated from the preceding quarter, in contrast to a slowdown in Europe, thanks to ...
May 31, 2022
Futures slip on inflation fears, eyes on Powell-Biden talks
(Reuters) - U.S. stock index futures fell on Tuesday as soaring oil prices and hawkish comments from a Federal Reserve official spooked investors, with focus turning to talks between U.S. President Jo...
May 31, 2022
U.S. Senator Warren plans bill to crack down on blank check deals
By Jessica DiNapoli WASHINGTON (Reuters) - Democratic U.S. Senator Elizabeth Warren is planning a bill to crack down on the special purpose acquisition company, or SPAC, industry after a "proliferatio...
May 31, 2022
India expects lower rainfall in coal-producing areas, potentially easing power crisis
By Sudarshan Varadhan and Rajendra Jadhav NEW DELHI (Reuters) - India expects rainfall in the biggest coal-producing areas of its east-central region to be below the long-term average this year, poten...
May 31, 2022
Crisis-hit Sri Lanka hikes tax rates to maximise govt revenues
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka's government on Tuesday announced a taxation overhaul to maximise revenue amid the country's crippling economic crisis, hiking value added taxes and c...
May 31, 2022
Analysis: Treasury market faces liquidity risks as Fed pares balance sheet
By Karen Brettell (Reuters) - With the Federal Reserve set to begin letting bonds mature off its $9 trillion balance sheet, the key metric to watch will be whether Treasury volatility picks up a resul...
May 31, 2022
UniCredit CEO rules out reopening of Monte dei Paschi talks
ROME (Reuters) - UniCredit Chief Executive Andrea Orcel ruled out on Tuesday that talks with Italy's Treasury over the sale of state-owned bank Monte dei Paschi di Siena could resume. "The negotiation...
May 31, 2022
Soccer-French trade unions hail strike success during Champions League final
PARIS (Reuters) - French transport trade unions on Tuesday hailed the success of their strike during the Champions League final between Liverpool and Real Madrid, which the French government said cont...
May 31, 2022
JPM says Japanese automakers to see record profits on price hikes, cost cuts
(Reuters) - Japanese auto companies are likely to post record profits this year as they raise vehicle prices and cut costs to mitigate the hit from soaring inflation, J.P. Morgan analysts said on Tues...
May 31, 2022
