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

By Manya Saini April 27 (Reuters) - When Amazon began selling books online, many feared traditional bookstores such as Barnes & Noble would fade into obsolescence. Drawing parallels with that episode ...

April 27 (Reuters) - The U.S. initial public offering of Bill Ackman's investment management company and a closed-end fund is expected to raise about $5 billion, a source familiar with the matter told...

By Nell Mackenzie LONDON, April 27 (Reuters) - Short sellers' bets against U.S. life insurance stocks more than doubled in the past year to over $5 billion, a Reuters analysis of ORTEX data shows, a m...

April 27 (Reuters) - Wall Street's main indexes opened slightly lower on Monday as peace talks between the U.S. and Iran stalled, while investors awaited a flood of earnings as well as commentary from...

By Aditya Soni, Akash Sriram and Stephen Nellis April 27 (Reuters) - Microsoft and OpenAI renegotiated a pact that let Microsoft exclusively sell the ChatGPT creator's artificial intelligence models, ...

By Jamie McGeever ORLANDO, Florida, April 27 (Reuters) - With government debt levels sky high across the developed world, leaders are being warned to get their fiscal houses in order, but in an age of...

April 27 (Reuters) - U.S.-based miner Critical Metals has signed a letter of intent to purchase all outstanding shares of European Lithium in an about $835 million deal, a move that would secure its f...

By Anant Chandak and Indradip Ghosh BENGALURU, April 27 (Reuters) - Gulf Cooperation Council (GCC) economies are sliding into their worst economic crisis since the pandemic, with several expected to c...

April 27 (Reuters) - Medical equipment maker Thermo Fisher Scientific said on Monday it would sell its microbiology business to private equity firm Astorg for about $1.08 billion. Deal consists of cas...

By Shadia Nasralla and Stephanie Kelly LONDON, April 27 (Reuters) - Shell has agreed to buy Canadian energy company ARC Resources in a $16.4 billion deal, paid for mostly with shares, the British firm...