Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
India's offshore tech hubs hit $98.4 billion revenue in FY26, nearing 2030 forecast, report says
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU, May 6 (Reuters) - India's offshore technology centers are expected to have generated $98.4 billion in revenue for fiscal 2026, nearing levels ear...
May 06, 2026
Euro zone services activity slumps in April on weak demand, PMI shows
LONDON, May 6 (Reuters) - Euro zone services activity contracted in April for the first time in almost a year, hit by weakening demand and deteriorating export business as the Middle East war weighed ...
May 06, 2026
Continental warns of fresh U.S. tariff blow if latest increase affects tyres
May 6 (Reuters) - Continental expects a blow in the "mid to high double-digit million euro" range should higher U.S. import tariffs recently announced by President Donald Trump apply to tyres, its fin...
May 06, 2026
German services contract in April at fastest pace in over three years, PMI shows
BERLIN, May 6 (Reuters) - Germany's service sector contracted at its steepest rate in more than three years in April as demand evaporated due to rising inflationary pressures and uncertainty linked to...
May 06, 2026
France's services sector contracts further in April, final PMI shows
PARIS, May 6 (Reuters) - France's services sector contracted in April, as demand weakened amid economic and political uncertainty linked to the Iran war, a monthly survey by S&P Global showed on Wedne...
May 06, 2026
Italy services costs rise at fastest pace in over three years, PMI shows
ROME, May 6 (Reuters) - Cost pressures in Italy's service sector hit their highest level in more than three years in April, driven by the conflict in the Middle East, a survey showed on Wednesday. The...
May 06, 2026
Spain services contract for first time in nearly 3 years, PMI shows
MADRID, May 6 (Reuters) - Spain's services sector contracted in April for the first time since August 2023 as uncertainty linked to the U.S.-Israeli war with Iran hampered demand and confidence, a bus...
May 06, 2026
European shares soar to two-week high on Mideast deal optimism; earnings in focus
By Twesha Dikshit May 6 (Reuters) - European shares advanced to a two-week high on Wednesday, with oil prices dropping and investor optimism rising after U.S. President Donald Trump cited "great progr...
May 06, 2026
Tesla to recall nearly 219,000 US vehicles on rearview image issue
May 6 (Reuters) - Tesla is recalling 218,868 vehicles in the U.S. due to delayed rearview camera images that could increase the risk of a crash, the National Highway Traffic Safety Administration (NHT...
May 06, 2026
Resilient US helps Ahold Delhaize top profit forecast, but CEO change knocks shares
By Dimitri Rhodes and Jerome Terroy May 6 (Reuters) - Supermarket group Ahold Delhaize on Wednesday reported first-quarter core profit above market expectations, citing resilience of its U.S. business...
May 06, 2026
