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

By David Milliken and William Schomberg LONDON, May 20 (Reuters) - A rise in market interest rates since the start of the Iran war has given the Bank of England more time to assess the economic impact...

SEOUL, May 20 (Reuters) - Samsung Electronics and its South Korean labour union reached a preliminary pay deal on Wednesday, potentially averting a planned lengthy strike that threatened to disrupt th...

May 20 (Reuters) - The S&P 500 and the Nasdaq opened higher on Wednesday, lifted by a rebound in chip stocks ahead of Nvidia's quarterly earnings, which investors view as a crucial test of AI demand a...

By Luciana Magalhaes SAO PAULO, May 20 (Reuters) - Brazilian food delivery app iFood, owned by Dutch investment group Prosus, is suing rival Keeta, controlled by Chinese group Meituan, for alleged unf...

By Rashika Singh and Jaspreet Singh May 20 (Reuters) - Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets i...

May 20 (Reuters) - Stellantis and Britain's Jaguar Land Rover will consider jointly developing vehicles in the U.S., the French-Italian automaker said on Wednesday. The two companies signed a prelimin...

By Toby Sterling ANTWERP, Belgium, May 20 (Reuters) - The booming global semiconductor market will be "tense" with tight supply for the foreseeable future, the head of chip-making machine giant ASML t...

May 20 (Reuters) - Wendy's on Wednesday named industry veteran Robert Wright as president and chief executive officer, effective May 21, as the restaurant chain battles weak sales and pressure from an...

May 20 (Reuters) - Philip Morris International on Wednesday named insider Massimo Andolina as its chief financial officer, effective August 1, succeeding Emmanuel Babeau. Babeau, appointed as the CFO ...

By Marie Mannes STOCKHOLM, May 20 (Reuters) - Tesla said on X on Wednesday that its Full Self-Driving (Supervised) driver assistance software was being rolled out in Lithuania, the second country in E...