Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Morning Bid: Tech and war jitters sap confidence
A look at the day ahead in European and global markets from Gregor Stuart Hunter Oil is back on the boil and equity markets are struggling to find a floor after this week's selloff triggered by fresh ...
Jun 10, 2026
East African ministers to unveil budgets amid Iran cost shocks, debt strains
By Duncan Miriri and Elias Biryabarema NAIROBI/KAMPALA, June 11 (Reuters) - Finance ministers in Kenya, Uganda and Tanzania will present their 2026/27 budgets to parliament on Thursday, with investors...
Jun 10, 2026
China's Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push
BEIJING, June 11 (Reuters) - China's northeastern city of Changchun, home to the country's oldest automaker FAW Group, has released a draft plan through 2030 to revamp its decades-old auto sector, aim...
Jun 10, 2026
Dollar wavers as investors ponder rate outlook, Middle East worries
By Ankur Banerjee SINGAPORE, June 11 (Reuters) - The U.S. dollar wobbled on Thursday as new U.S. strikes in the Middle East undermined sentiment, while a surge in May U.S. consumer inflation to a thre...
Jun 10, 2026
OpenAI considers drastic price cuts, anticipating war for users with Anthropic, WSJ reports
June 10 (Reuters) - OpenAI is considering drastically reducing the prices it charges users as it seeks to win customers from its competitor Anthropic, the Wall Street Journal reported on Wednesday, ci...
Jun 10, 2026
Shares retreat as techs extend losses, US strikes on Iran lift oil
HONG KONG, June 11 (Reuters) - Asian stocks turned lower on Thursday after a tentative early rise, dragged by a Wall Street selloff sparked by a hot U.S. inflation reading and renewed U.S. strikes on ...
Jun 10, 2026
China's control over indium phosphide exports threatens AI data centre rollout
By Laurie Chen and Liam Mo BEIJING, June 11 (Reuters) - Barely a week after Nvidia-backed chipmaker Coherent warned of a shortage of indium phosphide in an earnings call in early May, its CEO Jim Ande...
Jun 10, 2026
Japan business mood sours in April-June as Middle East war hits
TOKYO, June 11 (Reuters) - Japanese business sentiment soured in April-June for the first time in four quarters, a government survey showed on Thursday, a sign of growing economic pain from the Middle...
Jun 10, 2026
Oil rises more than $1 as escalation in US-Iran strikes unnerve traders
By Siyi Liu SINGAPORE, June 11 (Reuters) - Oil prices jumped on Thursday as Tehran declared the critical energy chokepoint, the Strait of Hormuz, closed after the U.S. launched additional strikes agai...
Jun 10, 2026
Target investors reject proposal for independent board chair, sources say
By Nicholas P. Brown and Juveria Tabassum June 10 (Reuters) - Target shareholders on Wednesday rejected an investor proposal to separate the roles of board chair and executive leadership, according to...
Jun 10, 2026
