Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German unemployment falls more than expected in May as pandemic curbs ease
BERLIN (Reuters) - German unemployment fell in May, Labour Office figures showed on Tuesday, as trade and services benefited from the end of pandemic restrictions in Europe's biggest economy despite t...
May 31, 2022
‘Best we could get’: EU bows to Hungarian demands to agree Russian oil ban
By John Chalmers and Gabriela Baczynska BRUSSELS (Reuters) - European Union leaders handed Hungary concessions to agree an oil embargo on Russia over its invasion of Ukraine, sealing a deal in the wee...
May 31, 2022
BT and Ericsson join forces to build 5G private networks
LONDON (Reuters) - Telecoms company BT and Ericsson have struck a multi-million pound partnership to offer private 5G networks to businesses across Britain, enabling them to deploy Internet of Things ...
May 31, 2022
Russia’s Sberbank says working as usual despite new EU sanctions
(Reuters) - Russia's largest lender Sberbank said on Tuesday new European sanctions would not impact its operations after European Union leaders agreed to cut bank that was already under sanctions fro...
May 31, 2022
Latest inflation data boost case for normalisation – French central banker
PARIS (Reuters) - The latest increases in inflation make the exit from exceptional monetary policy measures all the more necessary, Bank of France Governor Francois Villeroy de Galhau said on Tuesday....
May 31, 2022
German shares lead Europe lower on inflation worries
(Reuters) - German shares led declines in Europe on Tuesday as a bigger-than-expected rise in inflation in the region's largest economy spurred worries about aggressive central bank action. Investors ...
May 31, 2022
Airline SAS Q2 loss narrows, hopes to raise near $1 billion in new cash but main owners aloof
STOCKHOLM (Reuters) - Airline SAS hopes to raise 9.5 billion Swedish crowns ($972 million) in new cash, warning on Tuesday of liquidity problems if it falls short as it posted a February-April loss th...
May 31, 2022
Gazprom says it fully cuts off gas supplies to Dutch gas trader GasTerra
(Reuters) - Russian energy giant Gazprom said on Tuesday it has fully cut off gas supplies to Dutch gas trader GasTerra after it had failed to make payments for gas delivered in April, making good on ...
May 31, 2022
China rushes bond sales to spur COVID-hit economy, more seen needed
By Kevin Yao BEIJING (Reuters) - Chinese provinces are racing to issue some $225 billion of bonds in June, frontloading investment to revive the COVID-battered economy even as policy advisers step up ...
May 31, 2022
Britons step up supermarket visits in search for value
LONDON (Reuters) - Britons' visits to supermarket stores rose 7% year-on-year in the four weeks to May 21 as they shopped around for the best prices amid a worsening cost of living crisis, market rese...
May 31, 2022
