Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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 1h 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 2h 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 2h 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 2h ago
Container shipper Hapag-Lloyd takes $600 million hit from Middle East crisis
BERLIN, Aug 13 (Reuters) - Hapag-Lloyd, one of the world's top container shipping companies, said on Thursday that the conflict in the Middle East, with the closure of the Strait of Hormuz, cost the g...
Thomson Reuters 3h ago
Analysis-Rate hike bets leave yen's post-intervention gains at BOJ's mercy
By Rocky Swift and Junko Fujita TOKYO, Aug 13 (Reuters) - Joint Japanese-U.S. efforts to shore up the battered yen two weeks ago have heightened market bets the Bank of Japan will need to hike rates f...
Thomson Reuters 3h ago
European shares inch up as lower crude offsets geopolitical unease
By Tharuniyaa Lakshmi and Ragini Mathur Aug 13 (Reuters) - European shares edged higher on Thursday as falling oil prices shifted investor focus toward weakening demand, while U.S.-Iran peace efforts ...
Thomson Reuters 4h ago
Shein eyes Hong Kong market debut on August 28, source says
HONG KONG, Aug 13 (Reuters) - Online fast-fashion retailer Shein is planning to make its stockmarket debut in Hong Kong on August 28, a person with knowledge of the matter said, ending a listing pursu...
Thomson Reuters 5h ago
UK economy gains from Gulf ceasefire, World Cup and sunshine
By William Schomberg and Andy Bruce LONDON, Aug 13 (Reuters) - Britain's economy unexpectedly grew in June as companies enjoyed a respite from the energy price surge caused by the Iran war, the start ...
Thomson Reuters 5h ago





