Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Wealthy families cut dollar exposure, survey finds
ZURICH, May 28 (Reuters) - The world's richest families are trimming exposure to the U.S. dollar as geopolitical tensions and rising sovereign debt drive a broader rethink of portfolio risk, UBS said ...
Thomson Reuters May 28, 2026
Exclusive-PBOC tells Chinese banks to boost May lending as credit weakness persists, sources say
May 28 (Reuters) - China's central bank has instructed banks to boost lending this month, people with knowledge of the matter said, underscoring Beijing's continued efforts to support an economy squee...
Thomson Reuters May 28, 2026
European shares drop as escalating US-Iran tensions weigh on sentiment
By Johann M Cherian May 28 (Reuters) - European shares slipped on Thursday as escalating tensions in the Middle East clouded the outlook for an imminent deal to open the Strait of Hormuz, adding to co...
Thomson Reuters May 28, 2026
KKR to open Milan office as U.S. private equity giant deepens Italy push
ROME, May 28 (Reuters) - KKR & Co said on Thursday it would open an office in Milan as the U.S. private equity firm looks to expand its presence in Italy after significant investments in the telecoms ...
Thomson Reuters May 28, 2026
Japan banks battle to secure deposits as savers chase market highs
By Miho Uranaka and Anton Bridge TOKYO, May 28 (Reuters) - Japanese banks are, in a historic shift, competing to shore up their deposit base as lending opportunities grow and consumers, seeking to bea...
Thomson Reuters May 28, 2026
BOJ rate hike timing secondary to economy's readiness, ex-BOJ Deputy Governor Wakatabe says
TOKYO, May 28 (Reuters) - Former Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday that the timing of a potential interest rate hike is less important than whether the economy can withs...
Thomson Reuters May 28, 2026
Musk says SpaceX agreed only six-month Colossus AI lease to Anthropic
May 28 (Reuters) - SpaceX CEO Elon Musk said on Thursday the IPO-bound company had only agreed to lease its Colossus AI training data center clusters to Anthropic for six months, though he added it wa...
Thomson Reuters May 28, 2026
Boeing CEO says 200-jet China deal an 'initial tranche' with more to come
By Julie Zhu and Anne Marie Roantree HONG KONG, May 28 (Reuters) - China's commitment to buy 200 Boeing jets during a recent visit by U.S. President Donald Trump will be firmed up later this year and ...
Thomson Reuters May 28, 2026
Taiwan says US has no timetable for chip tariffs, preferential terms already agreed
TAIPEI, May 28 (Reuters) - The U.S. has no timetable for levying Section 232 tariffs on semiconductors but preferential terms have already been agreed under a January trade deal, Taiwan Vice Premier C...
Thomson Reuters May 28, 2026
Exclusive-ByteDance developing custom CPU chips to support AI rollout, sources say
By Liam Mo and Fanny Potkin BEIJING/PARIS, May 28 (Reuters) - Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, t...
Thomson Reuters May 28, 2026
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