Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
French inflation hits new record of 5.8% in May
PARIS (Reuters) - French inflation rose more than expected in May to a new record, preliminary EU-harmonised data showed on Friday, putting pressure on President Emmanuel Macron ahead of legislative e...
May 31, 2022
Marketmind: Fever pitch
A look at the day ahead in markets from Saikat Chatterjee. Perhaps it is fitting that a month that has seen such a remarkable swing in interest rate expectations for the major economies is ending on t...
May 31, 2022
China unveils detailed stimulus policies to support virus-hit economy
BEIJING (Reuters) - China's cabinet unveiled a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive a pandemic-ravaged economy, saying it will ins...
May 31, 2022
Unilever adds activist investor Peltz to board
(Reuters) - Unilever named activist investor Nelson Peltz as a new board member on Tuesday after his Trian Fund Management disclosed a 1.5% stake in the consumer goods giant. Unilever said it had held...
May 31, 2022
Britain’s GSK to buy Affinivax in $3.3 billion deal
(Reuters) - British drugmaker GSK said on Tuesday it would pay up to $3.3 billion to acquire privately held biopharmaceutical firm Affinivax, as it seeks to bolster its vaccine pipeline. (Reporting by...
May 31, 2022
Britain’s electric car charge faces battery challenge
By Nick Carey and Kate Holton BLYTH, England (Reuters) - Britain risks falling behind in the race to establish an electric car industry if it can't build more battery factories - and quickly. Ambitiou...
May 31, 2022
Japan May consumer confidence improves for 2nd month
TOKYO (Reuters) - Japan's consumer confidence index rose in May for a second straight month, the government said on Tuesday, as households enjoyed the first restriction-free spring holiday season sinc...
May 31, 2022
Test case Zambia exposes China’s rookie status on debt relief – sources
By Rachel Savage and Leigh Thomas LONDON/PARIS (Reuters) - China's lack of experience with tricky debt restructurings and slow coordination among its public lenders is holding up debt relief for Zambi...
May 31, 2022
Analysis-CTAs, other ‘uncorrelated’ investments boom in volatility ride
By Saqib Iqbal Ahmed and Davide Barbuscia NEW YORK (Reuters) - This year's U.S. stock and bond sell-offs have boosted demand for strategies aimed at generating returns less dependent on upside in thos...
May 31, 2022
Cryptoverse: Will you grow old with bitcoin?
By Jamie McGeever (Reuters) - If you assumed crypto was just a young person's game, think again. More people in the United States than ever before are turning to cryptocurrencies to help fund their re...
May 31, 2022
