Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Senior US market watchdog official exits to join dealmaking fintech Finalis
By Michelle Price WASHINGTON, Aug 13 (Reuters) - Steven Price, senior vice president of market investigations at the U.S. Financial Industry Regulatory Authority (FINRA), has left the Wall Street watc...
Thomson Reuters 28m ago
Taylor Farms outbreaks show limits of U.S. ability to safeguard produce from Mexico
By Cassandra Garrison MEXICO CITY, Aug 13 - Two foodborne illness outbreaks linked to Taylor Farms have exposed a weakness at the heart of North America's food system: the United States is increasingl...
Thomson Reuters 34m ago
Heron Power plans $100 million factory for advanced electric grid equipment
By Tim McLaughlin BOSTON, Aug 13 (Reuters) - Heron Power, a startup run by a former senior executive of EV maker Tesla, said on Thursday it plans to build a $100 million factory in California to make ...
Thomson Reuters 38m ago
Exclusive-Microsoft retreats in China, but AI boom helps it keep a window open
By Eduardo Baptista and Casey Hall BEIJING/SHANGHAI, Aug 13 (Reuters) - Microsoft once regarded the idea of quitting China as unthinkable. The year was 2010 and Google was about to exit due to concern...
Thomson Reuters 40m ago
Novo CEO says obesity market won't be winner-take-all battle with Lilly
By Michael Erman NEW YORK, Aug 13 (Reuters) - Novo Nordisk CEO Mike Doustdar said investors are underestimating the demand for differentiation among obesity drugs, and that new treatment options like ...
Thomson Reuters 41m ago
ECB set to deliver final rate hike next month in shortest tightening drive since 2011: Reuters poll
By Indradip Ghosh BENGALURU, Aug 13 (Reuters) - The European Central Bank will raise interest rates once more next month, as high energy prices push inflation further from the bank's 2% target, and th...
Thomson Reuters 52m ago
SMIC profit more than triples on AI-driven chip demand
By Che Pan and Eduardo Baptista BEIJING, Aug 13 (Reuters) - China's largest contract chipmaker, Semiconductor Manufacturing International Corp , reported on Thursday second-quarter profit more than tr...
Thomson Reuters 1h ago
Birkenstock raises revenue forecast on strong demand, shares jump
Aug 13 (Reuters) - Birkenstock raised its full-year sales growth forecast and beat quarterly revenue estimates on Thursday, banking on resilient full-price demand for its premium sandals from affluent...
Thomson Reuters 1h ago
China's WeRide eyes Australia, Southeast Asia among potential new markets after strong Q2
BEIJING, Aug 13 (Reuters) - Chinese autonomous driving firm WeRide is considering Australia, South Korea, Japan, and Southeast Asia as potential new markets for expansion, its chief executive said on ...
Thomson Reuters 1h ago
Rise of AI shopping pushes merchants to protect loyalty, Adyen says
By Leo Marchandon and Gianluca Lo Nostro Aug 13 (Reuters) - The increasing prevalence of AI chatbots handling consumer shopping is pushing merchants to uphold more direct customer relationships over f...
Thomson Reuters 1h ago





