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

By Kanishka Ajmera and Aditya Soni June 3 (Reuters) - Soaring memory chip prices driven by massive AI demand risk stoking "chipflation," Morgan Stanley analysts cautioned, as makers of devices from sm...

WASHINGTON, June 3 (Reuters) - U.S. private payrolls increased broadly in May, but economists cautioned against viewing the rise as a sign of a strengthening labor market, noting that other indicators...

By Foo Yun Chee BRUSSELS, June 3 (Reuters) - The European Commission proposed laws on Wednesday to boost domestic cloud, AI and semiconductor industries and cut reliance on U.S. Big Tech, defying U.S....

June 3 (Reuters) - Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its funding round two years ago. The round...

ZURICH, June 3 (Reuters) - The Swiss government on Wednesday rejected U.S. findings on how dozens of economies, including Switzerland, deal with goods produced by forced labour, a probe that prompted ...

BRUSSELS, June 3 (Reuters) - European automotive, construction, metals, chemicals and transport sectors could lose up to 1.3 million jobs this year as a result of a surge in energy prices caused by th...

FRANKFURT, June 3 (Reuters) - It is not a given that the current inflation shock facing the euro zone will be more benign than the 2022 episode, as some initial conditions flag larger inflationary ris...

By Fergal Smith TORONTO, June 3 (Reuters) - Greater Toronto Area home sales posted their biggest monthly gain in 10 months in May, helped by improved affordability, while prices resumed their recent d...

June 3 (Reuters) - U.S. stock index futures stalled near record highs on Wednesday as rising crude oil prices weighed on sentiment, with a flare-up in the Middle East conflict signaling little progres...

June 3 (Reuters) - Private infrastructure and real estate capital are expected to play a larger role in financing the AI-driven data-center boom, as companies move beyond traditional forms of funding,...