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

By Foo Yun Chee BRUSSELS, May 28 (Reuters) - Chinese online retailer Temu has been fined 200 million ($232 million) for not doing enough to stop the sale of illegal products, European Union tech regul...

By Amina Niasse and Ahmed Aboulenein NEW YORK, May 28 (Reuters) - More Americans are dropping out or being kicked off Obamacare health insurance for non-payment than in past years, according to data t...

By Karen Brettell May 28 (Reuters) - A selloff in government bonds is testing one of the most basic assumptions in markets: that Treasuries and other high-quality debt will cushion portfolios when sto...

May 28 (Reuters) - IBM said on Thursday it has committed $5 billion to an initiative that will deploy engineers and AI tools to help companies better secure open source software. The initiative, calle...

By Foo Yun Chee BRUSSELS, May 28 (Reuters) - Chinese e-commerce giant JD.com's $2.5 billion bid for German electronics retailer Ceconomy may involve Chinese subsidies, European Union competition regul...

BRUSSELS, May 28 (Reuters) - The market for jet fuel in the European Union could get tighter if the situation in the Strait of Hormuz does not improve within weeks, said the European Commission on Thu...

By Kanishka Ajmera May 28 - Snowflake shares jumped 36% in premarket trading on Thursday after the data analytics firm raised its annual product revenue forecast and announced a five-year AI infrastru...

May 28 (Reuters) - U.S. stock index futures edged lower on Thursday as tensions escalated between the U.S. and Iran, dampening hopes of an imminent peace deal, while investors awaited key inflation da...

MILAN, May 28 (Reuters) - Europe may struggle to respond to risks from links between crypto assets and banks in the way U.S. authorities contained damage during the 2023 Silicon Valley Bank (SVB) cris...

May 28 (Reuters) - China is designing a futures market for AI tokens, sources familiar with the matter said, as the country potentially takes a different tack to U.S. exchanges developing compute powe...