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

July 13 (Reuters) - Fast-fashion retailer Shein is seeking to raise about $2 billion to $3 billion in a Hong Kong initial public offering, potentially as early as August, Bloomberg News reported on Mo...

July 13 (Reuters) - Plumbing supplies distributor Ferguson Enterprises said on Monday it will buy FloWorks from private equity firm Wynnchurch Capital for about $1.6 billion in cash, strengthening its...

July 13 (Reuters) - The S&P 500 and the Nasdaq opened lower on Monday, as a fresh escalation between the U.S. and Iran in the Gulf pushed oil prices higher and unsettled investors, while chip stocks a...

By Jonathan Saul and Florence Tan LONDON/SINGAPORE, July 13 (Reuters) - The number of tankers transiting the Strait of Hormuz fell in the past day to the lowest level in two months, shipping data show...

By Gabriel Burin BUENOS AIRES, July 13 (Reuters) - Brazil's economy will keep growing moderately after October's presidential vote, a Reuters poll suggested, with a fall in farm output arising from th...

By Saeed Azhar and Pritam Biswas July 13 (Reuters) - Bank of America said on Monday it has hired nine senior bankers across the United States to expand its regional investment banking footprint, as th...

July 13 (Reuters) - Global smartphone shipments fell 11% in the second quarter to their lowest level for the period since 2013, as a prolonged memory chip shortage drove up handset prices and dampened...

By Amy-Jo Crowley and Anousha Sakoui LONDON, July 13 (Reuters) - London-listed Watches of Switzerland Group has held talks in recent months over potential offers to take the luxury watch retailer priv...

WASHINGTON, July 13 (Reuters) - President Donald Trump said on Monday that the United States was reinstating a naval blockade on Iran and would be reimbursed 20% on all cargo shipped through the Strai...

BEIJING, July 13 (Reuters) - Chinese Premier Li Qiang called on Monday for "a comprehensive and objective understanding" of the current economic situation and for a stronger counter-cyclical adjustmen...