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

By Fergal Smith TORONTO, July 6 (Reuters) - Canada's services economy contracted in June as geopolitical uncertainty and elevated prices dampened demand, S&P Global's Canada services PMI data showed o...

By Aditya Soni and Akash Sriram July 6 (Reuters) - Microsoft said on Monday it would cut 4,800 jobs, or about 2.1% of its global workforce, overhauling its Xbox gaming business and divesting up to fiv...

July 6 (Reuters) - Wall Street's main indexes opened higher on Monday, extending last week's rally as chip stocks rebounded, while investors looked ahead to central bank minutes and the start of the s...

July 6 (Reuters) - TeraWulf said on Monday it signed a 20-year lease with Anthropic for data center infrastructure, a deal expected to generate about $19 billion in contracted revenue, sending the bit...

July 6 (Reuters) - Morgan Stanley said the recent weakness in U.S. semiconductor stocks is a sign that the market gains are broadening, with investors likely to turn toward AI "hyperscalers" as well a...

July 6 (Reuters) - Micron Technology and Ford Motor on Monday signed a long-term agreement to secure the supply for memory and storage platforms used in the automaker's next-generation vehicle product...

July 6 (Reuters) - Lockheed Martin will buy naval defense company Ultra Maritime from private equity firm Advent for $3.45 billion, bolstering its portfolio as global demand for military technology su...

PARIS, July 6 (Reuters) - Renault Group is achieving better margins on its compact electric R5 than larger models like the Megane or Scenic, CEO Francois Provost told French business daily Les Echos o...

By Yantoultra Ngui and Rajasik Mukherjee SINGAPORE, July 6 (Reuters) - Tencent Mobility, a unit of Tencent Holdings, has raised about $1.5 billion by selling shares in Chinese short-video company Kuai...

July 6 (Reuters) - Goldman Sachs said on Monday that Evan Kotsovinos has joined the banking giant from Google as a partner and head of asset and wealth management engineering. Here are more details fr...