Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
French services sector shrinks in May at fastest pace since late 2020, PMI shows
PARIS, June 3 (Reuters) - France's services sector contracted at its sharpest pace in 5-1/2 years in May as weaker demand and rising costs due to the Iran war hammered businesses, a survey showed on W...
Jun 03, 2026
Italy services costs at 3-year high as business contracts, PMI shows
ROME, June 3 (Reuters) - Cost pressures in Italy's service sector hit a 40-month high in May as the impact of the conflict in the Middle East became more acute, a survey showed on Wednesday. The measu...
Jun 03, 2026
Ford to recall nearly 420,000 US vehicles over seat-belt issue, NHTSA says
June 3 (Reuters) - Ford Motor will recall 419,967 vehicles in the U.S. as seat belts that do not retract or extend properly can fail to restrain occupants as intended, increasing the risk of injury in...
Jun 03, 2026
Nippon Paint, Sherwin-Williams end takeover pursuit, AkzoNobel shares tumble
By Dimitri Rhodes TOKYO/GDANSK, June 3 (Reuters) - Nippon Paint and Sherwin-Williams said on Wednesday they had decided to terminate their efforts to jointly acquire rival paint maker AkzoNobel. Share...
Jun 03, 2026
Meta loses challenge against EU gatekeeper label for Messenger
By Foo Yun Chee and Inti Landauro BRUSSELS, June 3 (Reuters) - Meta Platforms lost its fight on Wednesday against the EU's labelling of its Messenger app as a powerful 'gatekeeper', which places oblig...
Jun 03, 2026
Spanish service sector stabilises in May as sales return to growth, PMI shows
MADRID, June 3 (Reuters) - Spain's service sector activity stabilised in May as activity and sales returned to growth after April's decline, a business survey showed on Wednesday. The S&P Global Purch...
Jun 03, 2026
European stocks dip on Mideast tensions, private market jitters
By Johann M Cherian and Utkarsh Hathi June 3 (Reuters) - European shares slipped on Wednesday as renewed Middle East hostilities and signs of strain in private markets spooked investors, while Zara ow...
Jun 03, 2026
OECD says protracted war could drag on global growth, push up inflation
By Leigh Thomas PARIS, June 3 (Reuters) - The global economic outlook hinges on how long the war in the Middle East lasts, with recession in some countries and sharply higher inflation a real possibil...
Jun 03, 2026
Russian services contract in May at fastest pace since September 2025, PMI shows
MOSCOW, June 3 (Reuters) - Russia's services sector contracted in May at its quickest pace since September as weaker demand drove steeper falls in new orders and output, a business survey showed on We...
Jun 03, 2026
US targets India with forced labour tariff amid talks on trade pact
By Manoj Kumar NEW DELHI, June 3 (Reuters) - The United States has proposed an additional tariff of 12.5% on imports from India, saying it is among 60 economies that failed to curb imports made with f...
Jun 03, 2026
