Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Tencent links PayPal to WeChat Pay network, enabling US users to spend across China
BEIJING, May 27 (Reuters) - U.S. PayPal users can now make purchases across China using WeChat Pay's QR-code merchant network, Tencent Financial Technology said on Wednesday, adding the service will b...
May 27, 2026
Abercrombie & Fitch beats quarterly profit estimates on steady US demand
May 27 (Reuters) - Abercrombie & Fitch beat first-quarter profit estimates, helped by steady domestic demand on Wednesday, but flagged some weakness in its Europe, the Middle East and Africa segment d...
May 27, 2026
Lululemon ends proxy battle with founder Chip Wilson
By Svea Herbst-Bayliss NEW YORK, May 27 (Reuters) - Lululemon Athletica has ended its boardroom battle with founder Chip Wilson, agreeing to give him two board picks in exchange for his pledge to stay...
May 27, 2026
Bath & Body Works beats quarterly estimates on strong demand for 'affordable luxury'
May 27 (Reuters) - Bath & Body Works beat Wall Street estimates for first-quarter sales and profit on Wednesday, helped by strong demand for its scented candles and personal care products, sending its...
May 27, 2026
US mortgage rate rises to nine-month high, worsening affordability again
May 27 (Reuters) - The rate on the most popular U.S. residential real estate loan hit a nine-month high last week in another blow to home-ownership affordability, as the Iran war kept oil prices eleva...
May 27, 2026
European companies to get bulk of mobile satellite spectrum in EU tech push
By Foo Yun Chee BRUSSELS, May 27 (Reuters) - Europe announced plans on Wednesday to allocate the bulk of valuable mobile satellite spectrum to European companies while reducing the share U.S. operator...
May 27, 2026
Schaeffler, Spire Global team up for space hardware, satellite platforms in Europe
May 27 (Reuters) - Schaeffler and U.S.-based satellite operator Spire Global have signed a memorandum of understanding to jointly develop space hardware and satellite platforms for European defence, w...
May 27, 2026
Capri reports another sales drop, signals profit rebound on Michael Kors turnaround
May 27 (Reuters) - Capri Holdings reported another quarter of sales decline but provided an upbeat annual profit forecast as it bets on a turnaround strategy focused on reviving demand for its Michael...
May 27, 2026
Airbus Defence chief rules out total failure of FCAS fighter jet project
BERLIN, May 27 (Reuters) - The head of Airbus Defence ruled out the complete failure of the crisis-hit Franco-German FCAS fighter jet project, saying at least a networking system for weapons and drone...
May 27, 2026
Morning Bid: Out of the blue chips
By Mike Dolan May 27 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The chips are indeed blue. The market scramble for AI stocks seems to...
May 27, 2026
