Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Sam Bankman-Fried loses bid to overturn crypto fraud conviction
By Luc Cohen NEW YORK, June 12 (Reuters) - Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he...
Thomson Reuters Jun 12, 2026
Shell pauses $3 billion share buyback ahead of ARC acquisition vote
By Stephanie Kelly LONDON, June 12 (Reuters) - Shell said on Friday it was pausing its $3 billion share buyback programme through July 14, citing securities law requirements linked to its pending $16....
Thomson Reuters Jun 12, 2026
BP starts process to sell stakes in two Gulf of Mexico projects, sources say
LONDON, June 12 (Reuters) - British oil major BP has started a process to sell stakes in two of its Gulf of Mexico projects, four people with knowledge of the matter said, in what would be one of new ...
Thomson Reuters Jun 12, 2026
Rolex raises gold watch prices again as super-rich buyers are undeterred
(Corrects Erik Boneta's name in paragraph 6) By Alessandro Parodi June 12 (Reuters) - Rolex raised the global price of its gold watches by an average 5% this month, adding a rare second annual increas...
Thomson Reuters Jun 12, 2026
Bank of England to hold interest rates this year but strong minority see a hike: Reuters poll
By Jonathan Cable LONDON, June 12 (Reuters) - The Bank of England will leave its key interest rate unchanged at 3.75% on June 18, according to all 65 economists polled by Reuters, who remained uncerta...
Thomson Reuters Jun 12, 2026
U.S. equity funds record first weekly outflow in three weeks
June 12 (Reuters) - Investors pulled money out of U.S. equity funds in the week to June 10 on caution over a market selloff and expectatons that the Federal Reserve would stay hawkish for longer, but ...
Thomson Reuters Jun 12, 2026
Exclusive-South Korea's SK Hynix to opt for Nasdaq for planned US listing, sources say
By Heekyong Yang and Yantoultra Ngui SEOUL/SINGAPORE, June 12 (Reuters) - South Korean memory chipmaker SK Hynix is looking to choose the Nasdaq for its planned U.S. listing, two sources familiar with...
Thomson Reuters Jun 12, 2026
India's May retail inflation rises to 3.93% on year
June 12 (Reuters) - India's retail inflation rose to 3.93% year-over-year in May from 3.48% in April, driven by higher food and fuel costs, government data showed on Friday, as the outlook continued t...
Thomson Reuters Jun 12, 2026
Morning Bid: Chips and ships
By Anna Szymanski June 12 (Reuters) - From the Editor Hello Morning Bid readers! It was a stop-and-start kind of week both on Wall Street and in the Gulf, as tech stocks wavered heading into the histo...
Thomson Reuters Jun 12, 2026
Tech executives to attend G7 summit as leaders address AI, online safety
PARIS, June 12 (Reuters) - AI executives from Anthropic, OpenAI, Google and Mistral AI are expected to attend next week's G7 summit, said officials from France, which is crafting an agenda aimed at di...
Thomson Reuters Jun 12, 2026
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