Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan may have spent $32 billion in additional yen-buying intervention
By Atsuko Aoyama and Rocky Swift TOKYO, May 7 (Reuters) - Japan may have spent as much as 5.01 trillion yen ($32.06 billion) in its latest efforts to bolster its embattled currency, central bank data ...
May 07, 2026
Shell's profit beats expectations at $6.9 billion, raises dividend by 5%
By Shadia Nasralla and Stephanie Kelly LONDON, May 7 (Reuters) - Shell's first-quarter profit beat estimates and hit its highest in two years at $6.9 billion on Thursday, boosted by gains linked to th...
May 07, 2026
Asia's tech giants give AI bull run a new centre of gravity
By Faith Hung and Jihoon Lee TAIPEI/SEOUL, May 7 (Reuters) - Just as the world's AI bulls looked to be running out of puff, a fresh investor frenzy has hit Asia's tech names, making Seoul's stock mark...
May 07, 2026
Tesla's China-made EV sales jump 36% in April, extending rebound
BEIJING, May 7 (Reuters) - Tesla's China-made EV sales jumped 36% on the year in April, a sixth month of gains, as the U.S. automaker fights to hold ground against a wave of cheaper Chinese rivals. De...
May 07, 2026
UK builders hit by biggest surge in cost inflation in nearly four years
LONDON, May 7 (Reuters) - British builders saw one of the biggest month-on-month jumps in cost inflation on record in April, according to a survey on Thursday that also showed the Iran war increased d...
May 07, 2026
Iran war to accelerate China's shift to electric trucks from diesel
By Sam Li and Lewis Jackson BEIJING, May 7 (Reuters) - The jump in diesel prices triggered by the Iran war is expected to accelerate electrification of China's heavy truck fleet this year, analysts an...
May 07, 2026
Britain's JD Sports says Nike's Hill 'doing a great job'
LONDON, May 7 (Reuters) - Nike CEO Elliott Hill got a vote of confidence from one of its largest customers, British sportswear retailer JD Sports, whose boss said on Thursday he was "doing a great job...
May 07, 2026
European shares steady after rally as markets assess Mideast peace prospects
By Twesha Dikshit May 7 (Reuters) - European shares were steady on Thursday after a sharp rally in the previous session, as investors assessed the prospects of a U.S.-Iran peace deal and digested a sl...
May 07, 2026
General Motors to recall over 40,400 containers of brake fluid in US
(Corrects to show GM is recalling containers of brake fluid, not vehicles) May 7 (Reuters) - General Motors is recalling 40,440 containers of brake fluid because sediment could increasing the risk of ...
May 07, 2026
Emirates' cash reserves, fuel hedging help airline ride out Iran war turmoil
By Federico Maccioni and Ahmed Elimam DUBAI, May 7 (Reuters) - Emirates airline has the financial muscle to withstand higher jet fuel prices and disruption from the Iran war, the Gulf carrier said on ...
May 07, 2026
