Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China’s services sector activity contracts less sharply in May – official PMI
BEIJING (Reuters) - China's services activity shrank less sharply in May, an official survey showed on Tuesday, as COVID-19 restrictions in some cities were relaxed. The official non-manufacturing Pur...
May 30, 2022
China says its Jan-April non-financial outbound direct investment rises 4.5% y/y
BEIJING (Reuters) - China's non-financial outbound direct investment (ODI) in the first four months of the year rose 4.5% from a year earlier to $35.88 billion, the commerce ministry said on Monday. I...
May 30, 2022
Oil prices rise after EU bans most Russian oil imports
(Reuters) - Oil prices rose in early Asian trade on Tuesday after European Union leaders said they had agreed to cut 90% of oil imports from Russia by the end of this year. Brent crude futures for Jul...
May 30, 2022
Japan’s April factory output slumps in worrying sign for economy
By Daniel Leussink TOKYO (Reuters) - Japan's factories posted a sharp fall in output in April as China's COVID-19 lockdowns and wider supply disruptions took a heavy toll on manufacturers, clouding th...
May 30, 2022
U.S. house price inflation to cool as buyers sidelined by higher rates: Reuters poll
By Indradip Ghosh and Prerana Bhat BENGALURU (Reuters) - Burning U.S. house price inflation will cool to 10%, half its current rate this year, and slow further over the next two as already very expens...
May 30, 2022
Japan’s jobless rate falls to 2.5% in April – government
TOKYO (Reuters) - Japan's jobless rate fell to 2.5% in April, while the availability of jobs increased, government data showed on Tuesday. The seasonally adjusted unemployment rate was lower than the ...
May 30, 2022
S.Korea’s April factory output shrinks most in 2 years, service output expands
SEOUL (Reuters) - South Korea's April factory output shrank by the most in nearly two years, though the service sector held firm, government data showed on Tuesday. Industrial production in April decr...
May 30, 2022
EU leaders agree “in principle” on Russia oil embargo – von der Leyen
BRUSSELS (Reuters) - EU leaders have reached an agreement "in principle" on banning oil imports from Russia, European Commission chief Ursula von der Leyen said early on Tuesday. "I am very glad that ...
May 30, 2022
UK business confidence ticks higher in May – Lloyds Bank
LONDON (Reuters) - Sentiment among British businesses edged higher in May, except for consumer-facing companies that are most exposed to the growing cost-of-living crunch, a survey showed on Tuesday. ...
May 30, 2022
Mexico’s Cemex to fully operate UK cement plant on alternative fuel
MEXICO CITY (Reuters) -Mexico's Cemex, one of the largest concrete producers globally, said Monday it would fully operate a cement plant in the United Kingdom on a type of alternative fuel, as the com...
May 30, 2022
