Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Curbing release of Fed meeting transcripts may improve debate, Warsh says in book
By Howard Schneider WASHINGTON, May 6 (Reuters) - The release of transcripts of Federal Reserve rate-setting meetings, a cornerstone of its transparency for more than 30 years, undermines the debate n...
May 06, 2026
AMD shares hit record high, spark global chips rally on AI demand optimism
By Rashika Singh and Shashwat Chauhan May 6 (Reuters) - Advanced Micro Devices' shares jumped to an all-time high on Wednesday as its strong outlook boosted investor confidence about sustained demand ...
May 06, 2026
Chance of ECB rate hike has risen, board member Cipollone says
FRANKFURT, May 6 (Reuters) - The chance of a European Central Bank rate hike has risen as inflation pressures are high, board member Piero Cipollone said on Wednesday, even as negotiated wage data sho...
May 06, 2026
Stocks and bonds rally after Axios reports US Iran closing in on deal
LONDON, May 6 (Reuters) - Stocks and bonds jumped and the U.S. dollar dipped on Wednesday, after a report from Axios stated the U.S. and Iran are closing in on one-page memo to end the war, which sent...
May 06, 2026
US stock index futures rise on Middle East peace hopes, AI optimism
May 6 (Reuters) - Wall Street futures climbed on Wednesday, buoyed by hopes of a U.S.-Iran peace agreement and unrelenting optimism around artificial intelligence. The rally, which took the S&P 500 an...
May 06, 2026
UK services firms report sharpest rise in costs since late 2022
LONDON, May 6 (Reuters) - British services firms last month reported the sharpest acceleration in cost pressures in three-and-a-half years as the Iran war drove up prices for fuel and raw materials, a...
May 06, 2026
ECB wage tracker shows stable wage growth ahead
FRANKFURT, May 6 (Reuters) - Euro zone negotiated wage growth trends are largely unchanged since the start of the Iran war, the European Central Bank's wage tracker showed on Wednesday, offering polic...
May 06, 2026
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
