Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Pakistan's budget unlikely to be presented on June 5, government source says
ISLAMABAD, June 3 (Reuters) - Pakistan's federal budget is not likely to be presented on June 5, a government source and local media said on Wednesday, mainly as some fiscal measures have not been set...
Thomson Reuters Jun 02, 2026
DeepSeek slated to draw $7 billion in maiden fundraising, sources say
June 3 (Reuters) - Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its first funding round from investors including Tencent Holdings and CATL, people with knowledge...
Thomson Reuters Jun 02, 2026
Japan warns as traders push yen to intervention zone before key BOJ speech
By Makiko Yamazaki and Rocky Swift TOKYO, June 3 (Reuters) - The yen weakened to levels that preceded intervention by Tokyo last month, prompting fresh warnings by the finance minister on Wednesday ah...
Thomson Reuters Jun 02, 2026
US proposes tariffs of 10% or 12.5% on goods from 60 economies over forced labor failures
By David Lawder and Anusha Shah June 2 (Reuters) - The Trump administration on Tuesday proposed imposing additional duties of 10% or 12.5% on imports from 60 economies after determining their failures...
Thomson Reuters Jun 02, 2026
BlackRock's Atlas freezes $1 billion in Brazil renewables investments
By Sudarshan Varadhan and Colleen Howe SHANGHAI, June 3 (Reuters) - Atlas Renewable Energy, one of South America's largest clean power generators, has put plans for $1 billion in new investments in Br...
Thomson Reuters Jun 02, 2026
Oil up on Middle East fighting while AI bulls carry stocks higher
By Tom Westbrook SINGAPORE, June 3 (Reuters) - Oil prices rose for a third day running on Wednesday and the dollar was on the brink of breaking the 160 yen barrier as fresh hostilities flared in the G...
Thomson Reuters Jun 02, 2026
China services activity grows at fastest pace in three months, private PMI shows
BEIJING, June 3 (Reuters) - China's services activity expanded at the fastest pace in three months in May, helped by stronger growth in new business and a rebound in overseas demand, though rising cos...
Thomson Reuters Jun 02, 2026
Australia Q1 economic growth slows on trade drag, consumers struggle
By Stella Qiu SYDNEY, June 3 (Reuters) - Australia's economy slowed in the March quarter as strength in business investment was offset by a drag from trade, data showed on Wednesday, while higher borr...
Thomson Reuters Jun 02, 2026
Goldman upgrades Taiwan, South Korea stocks as Asia rally intensifies
By Gregor Stuart Hunter SINGAPORE, June 3 (Reuters) - Gains for AI chipmaker stocks can continue, but risks of a pullback are growing, Goldman Sachs said in a note on Wednesday. "We lean into North As...
Thomson Reuters Jun 02, 2026
Applied Aerospace & Defense raises $650 million in US IPO
June 2 (Reuters) - Private equity-backed government contractor Applied Aerospace & Defense said on Tuesday it had raised $650 million in its U.S. initial public offering after pricing shares at $20 ea...
Thomson Reuters Jun 02, 2026
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