Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Analysis-Spirit's exit lifts airfares, but budget model remains under pressure
By Rajesh Kumar Singh CHICAGO, May 11 (Reuters) - The collapse of Spirit Airlines, one of the industry's fiercest discounters, has given U.S. budget carriers more room to lift fares, but its exit does...
May 11, 2026
Japan panel members urge BOJ to heed firms' funding strains amid Mideast tensions
By Makiko Yamazaki TOKYO, May 11 (Reuters) - Private-sector members of Japan's key economic advisory panel urged the Bank of Japan on Monday to be cautious about the risk of funding strains on smaller...
May 11, 2026
European shares tepid as markets weigh US-Iran deadlock
By Twesha Dikshit May 11 (Reuters) - European shares were muted on Monday, as stalled U.S.-Iran peace negotiations pushed oil prices higher and weighed on risk appetite. The pan-European STOXX 600 was...
May 11, 2026
Norway's April core inflation rises in line with expectations
OSLO, May 11 (Reuters) - Norway's annual core inflation rose in line with expectations in April, Statistics Norway (SSB) data showed on Monday, supporting expectations interest rates could increase fu...
May 11, 2026
Departing Bank of Korea board member says policy should focus on inflation control
SEOUL, May 11 (Reuters) - South Korea's central bank needs to prioritise controlling inflation as it could exceed the target rate after the war in Iran drove up energy prices, an outgoing member of th...
May 11, 2026
Market listing an option for VW's US Scout brand, CEO tells paper
BERLIN, May 11 (Reuters) - Volkswagen's U.S. brand Scout was designed from the start to pursue a potential stock market listing or to allow strategic investors to take a stake, its CEO Scott Keogh tol...
May 11, 2026
BofA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data
By Kanishka Ajmera May 11 (Reuters) - BofA Global Research and Goldman Sachs are the latest brokerages to revise their U.S. Federal Reserve rate calls to later dates, citing elevated inflation due to ...
May 11, 2026
ECB's Kocher sees rate move if inflation outlook does not improve
ZURICH, May 11 (Reuters) - The European Central Bank will need to adjust interest rates soon if the inflationary outlook does not significantly improve, ECB Governing Council Member Martin Kocher was ...
May 11, 2026
US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summit
By David Lawder and David Shepardson WASHINGTON, May 11 (Reuters) - As President Donald Trump prepares to meet with Chinese President Xi Jinping this week, the U.S. auto industry and lawmakers on both...
May 11, 2026
Peace progress stalls, AI rally does not
A look at the day ahead in European and global markets from Tom Westbrook Markets still want to believe that neither the U.S. nor Iran is aiming to escalate their conflict. But the path to resolution ...
May 11, 2026
