Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission says
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...
Jun 03, 2026
Some signs point to larger inflation risk than in 2022, ECB blog argues
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...
Jun 03, 2026
Toronto home sales rise the most in 10 months, prices dip
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...
Jun 03, 2026
Wall St futures pause near record highs as oil climbs on Middle East stalemate
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...
Jun 03, 2026
Private infra, real estate capital to play larger financing role in AI data center boom, Goldman says
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,...
Jun 03, 2026
UK services firms see first drop in activity since 2025 as Iran war pressure persists
LONDON, June 3 (Reuters) - British services firms buckled in May as the strains of the Iran war pushed up their costs and hit optimism, a survey showed on Wednesday. The S&P Global Purchasing Managers...
Jun 03, 2026
German services activity shrinks again in May as energy costs weigh, PMI shows
BERLIN, June 3 (Reuters) - Germany's service sector contracted for a second straight month in May as subdued demand and high energy and other costs due to the war in the Middle East weighed on activit...
Jun 03, 2026
New U.S. tariffs on EU goods would be unacceptable, EU trade committee head says
BRUSSELS, June 3 (Reuters) - Any new U.S. tariffs on European Union goods on top of the rates agreed last year would be unacceptable, senior EU lawmaker said on Wednesday, rejecting U.S. claims the EU...
Jun 03, 2026
Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction
LONDON, June 3 (Reuters) - Euro zone private sector activity shrank at the fastest rate in 18 months in May as waning demand for goods and services - a key gauge of economic health - dragged output lo...
Jun 03, 2026
Amazon launches Prime in South Africa for under $4 a month
June 3 (Reuters) - E-commerce giant Amazon.com said on Wednesday it has launched its paid Prime service in South Africa, offering faster deliveries and media content for 59 South African rand ($3.61) ...
Jun 03, 2026
