Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Russia will need huge financial resources for military operation, Finance Minister says
(Reuters) - Russia will need huge financial resources to fund its military operation in Ukraine, Finance Minister Anton Siluanov said on Friday. Siluanov said Russia had earmarked 8 trillion roubles (...
May 27, 2022
U.S. consumer spending beats expectations in April; inflation likely peaked
WASHINGTON (Reuters) - U.S. consumer spending rose more than expected in April, while annual inflation appeared to have peaked, which could help to underpin economic growth in the second quarter amid ...
May 27, 2022
Exclusive: U.S. Army replenishes Stinger missiles after Ukraine shipments
WASHINGTON (Reuters) - The U.S. Army has signed a deal to buy $687 million worth of anti-air Stinger missiles to replenish stocks sent to Ukraine, sources said on Friday. The shoulder-fired anti-aircr...
May 27, 2022
Russia will continue to service external debt in roubles, minister says
(Reuters) - Russia will keep on paying its state Eurobond obligations in roubles and will defend its role as a reliable borrower by all possible means, Finance Minister Anton Siluanov said on Friday. ...
May 27, 2022
‘Fun and Tasty’ among possible names for McDonald’s Russian successor
(Reuters) - McDonald's in Russia has registered possible brand names for the firm taking over its fast-food restaurants there, including "Fun and Tasty" and "The Same One", patent filings showed on Fr...
May 27, 2022
U.S. equity funds pull first weekly inflow in seven weeks
(Reuters) - U.S. equity funds attracted net inflows in the week to May 25 as shares rallied, with stock markets breaking the longest streak of weekly declines since the dotcom bubble burst. According ...
May 27, 2022
Pot producer Canopy Growth posts wider core loss, shares slump
(Reuters) - Canopy Growth Corp, on Friday reported a larger adjusted core loss for the fourth quarter, as demand for cannabis fell from COVID-19 lockdown-induced highs, sending shares of the Canadian ...
May 27, 2022
Futures inch up ahead of economic data, Gap slumps on outlook cut
(Reuters) - U.S. stock index futures edged higher on Friday ahead of data which will likely offer clues on U.S. consumer spending strength against the backdrop of red-hot inflation, while shares of Ga...
May 27, 2022
Exclusive-Japanese buyout firms JIP, Polaris considering bids for Toshiba – sources
By Makiko Yamazaki and Scott Murdoch TOKYO/HONG KONG (Reuters) - Japanese buyout firms Japan Industrial Partners (JIP) and Polaris Capital Group are each considering participating in bids for Toshiba ...
May 27, 2022
China punishes local officials for falsifying economic data
BEIJING (Reuters) - China has punished a number of local officials with demotions or dismissal for falsifying economic data, the country's statistics bureau said on Friday, as part of an effort to cur...
May 27, 2022
