Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Analysis-Samsung pay deal marks seismic change for South Korea, emboldening unions
By Joyce Lee and Brenda Goh SEOUL, May 27 (Reuters) - The deal Samsung Electronics struck with its union averts a massive strike and gives its memory chip workers eye-popping bonuses. It also opens a ...
May 26, 2026
US antitrust regulators poised to approve Paramount’s takeover of Warner Bros, Semafor reports
May 26 (Reuters) - U.S. antitrust regulators appear ready to approve Paramount's $110 billion takeover of Warner Bros. Discovery, after a two-hour meeting at the Justice Department, Semafor reported o...
May 26, 2026
Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows
ZURICH, May 27 (Reuters) - Hong Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the Eu...
May 26, 2026
Chinese brands gain as Europe car sales rise
By Mathias de Rozario May 27 (Reuters) - Demand for electrified cars kept Europe's auto market growing in April, offsetting weaker petrol and diesel demand and helping Chinese brands extend their mark...
May 26, 2026
BlackRock sees merit in large scale mining M&A
By Helen Clark and Melanie Burton PERTH, May 27 (Reuters) - BlackRock would back consolidation among large miners because it would open the sector to generalist investors at a scale that would make it...
May 26, 2026
Oil pulls back as traders look for progress on US-Iran talks
By Colleen Howe BEIJING, May 27 (Reuters) - Oil prices eased from recent highs on Wednesday, erasing some of the previous day's 4% gain as traders sought clarity on negotiations between Iran and the U...
May 26, 2026
SK Hynix joins $1 trillion club after Samsung, Micron on AI chip boom
By Jihoon Lee, Yena Park and Heekyong Yang SEOUL, May 27 (Reuters) - SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and...
May 26, 2026
Goldman Sachs lifts S&P 500 year-end target to 8,000 on strong earnings outlook
May 26 (Reuters) - Goldman Sachs has raised its 2026 year-end forecast for the S&P 500 index to 8,000 from 7,600, citing continued strength in corporate earnings. The target is 6.4% higher than the in...
May 26, 2026
Samsung workers approve pay deal but management still has trying times ahead
By Hyunjoo Jin SEOUL, May 27 (Reuters) - Unionised workers at Samsung Electronics have approved a highly contentious deal on bonus pay - one that averts a massive strike but also exacerbates deep disp...
May 26, 2026
NZ central bank flags imminent hikes to counter energy shock after narrow hold
By Stella Qiu and Lucy Craymer WELLINGTON, May 27 (Reuters) - New Zealand's central bank held rates steady on Wednesday, but a split vote underscored a knife-edge decision, as policymakers warned rate...
May 26, 2026
