Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Analysis-Frontier markets an unlikely haven as storms sweep local bonds
By Tom Arnold and Karin Strohecker LONDON (Reuters) - Investors in emerging market local currency bonds finding economies such as Russia and Turkey too volatile these days are seeking shelter in marke...
Apr 23, 2021
ECB survey sees slower growth, faster inflation this year
FRANKFURT (Reuters) - The euro zone economy will grow slower this year than earlier thought while a temporary surge in inflation is likely to exceed a previous projection, a key European Central Bank ...
Apr 23, 2021
Volkswagen labour boss who clashed with CEO to take Traton role
HAMBURG (Reuters) - The head of Volkswagen's powerful works council will take up a management position at the carmaker's truck unit Traton, removing a prominent opponent of faster and more drastic res...
Apr 23, 2021
Euro zone recovery accelerated in April as services return to growth -PMI
LONDON (Reuters) - The euro zone's recovery from the pandemic-induced economic downturn was much stronger than expected in April as the bloc's dominant service industry shrugged off renewed lockdowns ...
Apr 23, 2021
Column: Rehabilitating macro hedge funds
By Mike Dolan LONDON (Reuters) - For all the bad press, much-maligned hedge funds have had their best start to the year in decades, while mixed stock and bond funds flattered to deceive - and even mac...
Apr 23, 2021
From chips to drivers, euro zone firms warn supply is tight: ECB
FRANKFURT (Reuters) - Euro zone manufacturers cannot get enough computer chips and other key inputs to keep up with growing demands, resulting in lower economic activity and higher prices, the Europea...
Apr 23, 2021
German private sector in two-speed recovery due to coronavirus curbs – PMI
BERLIN (Reuters) - German factories continued to churn out goods at a near-record pace in April while activity in the services sector remained sluggish due to coronavirus curbs, a survey showed on Fri...
Apr 23, 2021
Shares in Tod’s fail to open, indicated up 15%, after LVMH ups stake
MILAN (Reuters) - Shares in Tod's failed to start trading at open on Friday, and were indicated up 15%, after France's LVMH agreed to raise its stake in the Italian luxury goods group. Tod's said late...
Apr 23, 2021
Miners seek gold under the desert sands after Egypt changes rules
By Nadine Awadalla CAIRO (Reuters) - Mining companies awarded blocks in Egypt's Eastern Desert are set to start exploring for gold under a legislative overhaul that seeks eventually to unlock vast unt...
Apr 23, 2021
Exclusive: Baidu’s auto venture to invest $7.7 billion into smart cars over next five years – CEO
By Yingzhi Yang, Yilei Sun and Tony Munroe BEIJING (Reuters) - Jidu Auto, the electric vehicle venture between China's tech giant Baidu and Chinese automaker Geely, aims to pour 50 billion yuan ($7.70...
Apr 23, 2021
