Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UK services firms see first drop in activity since 2025 as Iran war pressure persists
LONDON, June 3 (Reuters) - British services firms buckled in May as the strains of the Iran war pushed up their costs and hit optimism, a survey showed on Wednesday. The S&P Global Purchasing Managers...
Jun 03, 2026
German services activity shrinks again in May as energy costs weigh, PMI shows
BERLIN, June 3 (Reuters) - Germany's service sector contracted for a second straight month in May as subdued demand and high energy and other costs due to the war in the Middle East weighed on activit...
Jun 03, 2026
New U.S. tariffs on EU goods would be unacceptable, EU trade committee head says
BRUSSELS, June 3 (Reuters) - Any new U.S. tariffs on European Union goods on top of the rates agreed last year would be unacceptable, senior EU lawmaker said on Wednesday, rejecting U.S. claims the EU...
Jun 03, 2026
Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction
LONDON, June 3 (Reuters) - Euro zone private sector activity shrank at the fastest rate in 18 months in May as waning demand for goods and services - a key gauge of economic health - dragged output lo...
Jun 03, 2026
Amazon launches Prime in South Africa for under $4 a month
June 3 (Reuters) - E-commerce giant Amazon.com said on Wednesday it has launched its paid Prime service in South Africa, offering faster deliveries and media content for 59 South African rand ($3.61) ...
Jun 03, 2026
French services sector shrinks in May at fastest pace since late 2020, PMI shows
PARIS, June 3 (Reuters) - France's services sector contracted at its sharpest pace in 5-1/2 years in May as weaker demand and rising costs due to the Iran war hammered businesses, a survey showed on W...
Jun 03, 2026
Italy services costs at 3-year high as business contracts, PMI shows
ROME, June 3 (Reuters) - Cost pressures in Italy's service sector hit a 40-month high in May as the impact of the conflict in the Middle East became more acute, a survey showed on Wednesday. The measu...
Jun 03, 2026
Ford to recall nearly 420,000 US vehicles over seat-belt issue, NHTSA says
June 3 (Reuters) - Ford Motor will recall 419,967 vehicles in the U.S. as seat belts that do not retract or extend properly can fail to restrain occupants as intended, increasing the risk of injury in...
Jun 03, 2026
Nippon Paint, Sherwin-Williams end takeover pursuit, AkzoNobel shares tumble
By Dimitri Rhodes TOKYO/GDANSK, June 3 (Reuters) - Nippon Paint and Sherwin-Williams said on Wednesday they had decided to terminate their efforts to jointly acquire rival paint maker AkzoNobel. Share...
Jun 03, 2026
Meta loses challenge against EU gatekeeper label for Messenger
By Foo Yun Chee and Inti Landauro BRUSSELS, June 3 (Reuters) - Meta Platforms lost its fight on Wednesday against the EU's labelling of its Messenger app as a powerful 'gatekeeper', which places oblig...
Jun 03, 2026
