Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
German inflation accelerates to 2.9% in April as energy costs soar
By Maria Martinez BERLIN, April 29 (Reuters) - German inflation picked up in April due to surging energy prices fuelled by the war in Iran, data showed on Wednesday, though a drop in core inflation sh...
Thomson Reuters Apr 29, 2026
AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline
By Kamal Choudhury and Christy Santhosh April 29 (Reuters) - AbbVie on Wednesday reported better-than-expected quarterly revenue and profit, fueled by demand for newer immunology drugs Skyrizi and Rin...
Thomson Reuters Apr 29, 2026
Garmin posts upbeat quarterly results as demand for premium wearables holds up
April 29 (Reuters) - Garmin posted first-quarter revenue and profit above Street expectations on Wednesday, buoyed by strong demand for advanced fitness wearables and steady growth in its aviation and...
Thomson Reuters Apr 29, 2026
EU to seek feedback to merger rules overhaul from Thursday, antitrust chief says
By Foo Yun Chee BRUSSELS, April 29 (Reuters) - EU regulators will seek feedback starting Thursday from interested parties to the first proposal to overhaul merger rules in more than two decades, which...
Thomson Reuters Apr 29, 2026
Brown‑Forman shares drop as deal talks with French spirits group Pernod collapse
By Savyata Mishra April 29 (Reuters) - Shares of Brown-Forman fell about 6% in premarket trading on Wednesday after the Jack Daniel's whiskey maker and France's Pernod Ricard scrapped their merger tal...
Thomson Reuters Apr 29, 2026
Blackstone's private credit fund sees investor demand cool in first quarter
April 29 - Blackstone's roughly $80-billion private credit fund BCRED faced weaker investor demand and rising redemption pressure in the first quarter as geopolitical volatility, concerns over AI and ...
Thomson Reuters Apr 29, 2026
SoFi's unchanged 2026 forecast eclipses record results, shares fall
By Manya Saini April 29 (Reuters) - SoFi Technologies' shares fell 12% in early trading on Wednesday after the company left its 2026 revenue forecast unchanged, overshadowing record first-quarter resu...
Thomson Reuters Apr 29, 2026
Phillips 66 posts surprise profit on higher refining margins
April 29 (Reuters) - Phillips 66 posted a surprise first-quarter adjusted profit on Wednesday, as strong refining margins and higher capacity utilization helped the company offset the impact of volati...
Thomson Reuters Apr 29, 2026
Cognizant forecasts quarterly revenue below estimates on cautious IT spending
By Haripriya Suresh and Harshita Mary Varghese April 29 (Reuters) - Cognizant Technology forecast quarterly revenue below Wall Street estimates on Wednesday, signaling cautious client spending on its ...
Thomson Reuters Apr 29, 2026
China's Shenzhen further eases homebuying curbs
BEIJING, April 29 (Reuters) - Shenzhen, one of China's four first-tier cities, further relaxed restrictions for buying homes in the city in a bid to spur demand. Eligible households will be able to bu...
Thomson Reuters Apr 29, 2026
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