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

Aug 5 (Reuters) - GlobalFoundries reported second-quarter revenue above Wall Street estimates on Wednesday, as growing demand for its chips used in data centers boosted sales. GlobalFoundries makes sp...

WASHINGTON, Aug 5 (Reuters) - The U.S. services sector maintained a strong pace of growth in July as an acceleration in new orders was offset by higher prices for inputs and a decline in employment. T...

By Clara Denina and Melanie Burton LONDON/MELBOURNE, Aug 5 (Reuters) - Glencore's planned secondary listing in Australia signals a push to tap one of the world's fastest-growing pools of institutional...

Aug 5 (Reuters) - Wall Street's main indexes opened higher on Wednesday, as hopes of a Middle East peace breakthrough offset the slide in shares of SpaceX and AMD after the upbeat forecasts issued by ...

By Dan Burns Aug 5 (Reuters) - Clearly communicating what the Federal Reserve's "reaction function" will be to various scenarios is helpful for the public and markets and should be continued, Minneapo...

By Lucia Mutikani WASHINGTON, Aug 5 (Reuters) - The U.S. services sector maintained a strong pace of growth in July, but strong demand is colliding with supply constraints, driving up input costs for ...

FRANKFURT, Aug 5 (Reuters) - Uncertainty created by wars and trade friction will continue to weigh on euro zone economic growth this year, but a shift in business investment towards intangible assets ...

By Svea Herbst-Bayliss and Nell Mackenzie NEW YORK/LONDON, Aug 5 (Reuters) - Hedge fund Citadel's three large portfolios boasted gains last month even as many industry rivals suffered losses, amid a t...

Aug 5 (Reuters) - Payment technology company Global Payments cut its annual net revenue and profit forecasts on Wednesday amid economic uncertainty linked to the war in the Middle East. Shares of the ...

By Sarupya Ganguly BENGALURU, Aug 5 (Reuters) - The U.S. dollar will hold firm in coming months before weakening later in the year, according to FX strategists surveyed by Reuters who also generated s...