Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

BRUSSELS (Reuters) - The European Union should seek a stronger international role for its euro to avoid being squeezed out of the top world currencies by the rising importance of the Chinese renminbi,...

LONDON (Reuters) - The ramping up of Europe's COVID-19 vaccine programmes and reopening of economies were already factored into the European Central Bank's last set of forecasts in March, the bank's c...

By Arno Schuetze, Kane Wu and Pamela Barbaglia FRANKFURT (Reuters) - Sporting goods maker Adidas has launched the sale of its Reebok brand in an auction which risks being affected by a political row o...

(Reuters) - Inflation will be temporarily distorted this spring as the U.S. economy works through imbalances caused by the pandemic but the pressures should be short-lived and should not lead to a pul...

(Reuters) - Archegos Capital Management, the family office run by former Tiger Asia manager Bill Hwang, is preparing for insolvency after banks tried to recoup some of the $10 billion in losses due to...

By Siddharth Cavale (Reuters) -British consumer goods giant Unilever on Wednesday said an overwhelming majority of its shareholders voted in favour of its plan to reduce greenhouse gas emissions acros...

(Reuters) -Peloton said on Wednesday it was recalling its Tread and Tread+ treadmills, reversing course after Chief Executive Officer John Foley earlier urged owners of its machines only to check safe...

By Howard Schneider WASHINGTON (Reuters) - The U.S. economy may be growing more quickly and unemployment falling faster than the core of Federal Reserve policymakers projected in March, Fed Governor M...

WASHINGTON (Reuters) - U.S. services industry activity grew at a slightly slower pace in April, likely restrained by shortages of inputs amid a burst of demand that is being driven by massive fiscal s...

ZURICH (Reuters) - UBS chief executive Ralph Hamers said the Swiss bank prefers organic growth when asked by CNBC about a potential tie-up with Credit Suisse. "The organic growth direction is the one ...