Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Oil falls by more than 1% after OPEC+ agrees to raise output targets
By Anushree Mukherjee and Helen Clark July 6 (Reuters) - Oil prices fell by more than 1% on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producer...
Thomson Reuters Jul 05, 2026
South Korea starts 24-hour trading of dollar-won
SEOUL, July 6 (Reuters) - South Korea launched its historic 24-hour onshore spot dollar-won trading system on Monday as part of efforts to broaden currency convertibility as it aims to win an upgrade ...
Thomson Reuters Jul 05, 2026
Record wave of IPO lock-up shares to hit Hong Kong market
HONG KONG, July 6 (Reuters) - Shares in some of Hong Kong's hottest new listings are set to hit the market this week in an unprecedented wave of lock-up expirations, which brokers say could create an ...
Thomson Reuters Jul 05, 2026
South Korea's SK Hynix launching $28 billion US listing to ride global AI wave
July 6 (Reuters) - South Korean chipmaker SK Hynix will launch a U.S. listing on Monday to raise about $28 billion, according to regulatory filings, as it capitalises on the global artificial intellig...
Thomson Reuters Jul 05, 2026
Samsung likely to post 18-fold jump in profit on surging AI demand for memory
By Heekyong Yang SEOUL, July 6 (Reuters) - Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as...
Thomson Reuters Jul 05, 2026
EasyJet's flight path from start-up to takeover deal
July 5 (Reuters) - A 5.50 billion ($7.34 billion) deal for U.S. investment firm Castlelake to acquire British budget airline easyJet, announced on Sunday, would mark a new chapter in the carrier's 31-...
Thomson Reuters Jul 05, 2026
UK budget airline easyJet ready to accept $7.3 billion takeover bid from Castlelake
July 5 (Reuters) - British budget airline easyJet has agreed in principle to a sweetened takeover bid from U.S. investment firm Castlelake that values the carrier at up to 5.5 billion ($7.34 billion),...
Thomson Reuters Jul 05, 2026
OPEC+ approves further oil output increase as Hormuz exports start to recover
By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON, July 5 (Reuters) - OPEC+ has agreed a further increase in output targets from August, the group said in a statement on Sunday, adding to glob...
Thomson Reuters Jul 05, 2026
Foxconn second-quarter revenue jumps, company cautions on geopolitics
TAIPEI, July 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, reported a 39.8% year-on-year rise in second-quarter revenue that beat market forecasts on strong demand fo...
Thomson Reuters Jul 05, 2026
Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports
July 5 (Reuters) - Uber has paused the majority of its planned food delivery expansion in Europe just months after announcing the plans as the ride-sharing company continues to pursue a takeover of De...
Thomson Reuters Jul 04, 2026





