Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

MONTEVIDEO (Reuters) - Uruguay's consumer price index rose 57% in May, the South American country's official statistics agency said on Wednesday, bringing 12 month inflation to 11.05% Analysts polled ...

MILAN (Reuters) - Italy's competition watchdog said on Wednesday it had opened an investigation into whether gas distributor Italgas had used its dominant market position to prevent or slow down a com...

By Nichola Saminather TORONTO (Reuters) - Manulife Financial Corp's chief executive said on Wednesday an environment of lower interest rates for longer is proving a challenge for the insurer, which di...

WASHINGTON (Reuters) - The U.S. Federal Reserve said on Wednesday it will allow transit agencies, airports and utilities among others to borrow under its municipal liquidity program. The facility was ...

By Ben Klayman DETROIT (Reuters) - Top executives of the Detroit Three automakers and other major Michigan employers on Wednesday condemned racism and injustice in the United States following the deat...

(Reuters) - Global smartphone shipments will fall nearly 12% to 1.2 billion units in 2020, market research firm IDC said on Wednesday, citing lower consumer spending due to the economic impact of the ...

By Saumya Joseph (Reuters) - Gilead Sciences Inc's potential COVID-19 treatment, remdesivir, could bring in more than $7 billion in annual sales by 2022, spurred by governments stockpiling the drug to...

(Reuters) - Walmart Inc said on Wednesday it shifted firearms and ammunition out of sales floors of some U.S. stores amid nationwide protests over the death of an unarmed black man at the hands of pol...

WASHINGTON (Reuters) - The U.S Commerce Department said Wednesday that new restrictions on 33 Chinese firms and institutions will take effect on Friday after the agency announced last month it was add...

By Greg Roumeliotis and Pamela Barbaglia (Reuters) - LVMH CEO Bernard Arnault is exploring ways to reopen negotiations on the French luxury goods giant's $16.2 billion acquisition of U.S. jewelry chai...