Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
JD.com's Ceconomy deal involves Chinese subsidies, EU regulators warn
By Foo Yun Chee BRUSSELS, May 28 (Reuters) - Chinese e-commerce giant JD.com's $2.5 billion bid for German electronics retailer Ceconomy may involve Chinese subsidies, European Union competition regul...
May 28, 2026
EU says jet fuel market to get tighter if Hormuz situation does not improve
BRUSSELS, May 28 (Reuters) - The market for jet fuel in the European Union could get tighter if the situation in the Strait of Hormuz does not improve within weeks, said the European Commission on Thu...
May 28, 2026
Snowflake jumps as enterprise demand for data offerings drives forecast raise
By Kanishka Ajmera May 28 - Snowflake shares jumped 36% in premarket trading on Thursday after the data analytics firm raised its annual product revenue forecast and announced a five-year AI infrastru...
May 28, 2026
Wall St futures dip on escalating Mideast tensions
May 28 (Reuters) - U.S. stock index futures edged lower on Thursday as tensions escalated between the U.S. and Iran, dampening hopes of an imminent peace deal, while investors awaited key inflation da...
May 28, 2026
Europe less able than US to contain crypto-bank shocks, UniCredit director says
MILAN, May 28 (Reuters) - Europe may struggle to respond to risks from links between crypto assets and banks in the way U.S. authorities contained damage during the 2023 Silicon Valley Bank (SVB) cris...
May 28, 2026
Exclusive-China works on AI token futures market, sources say, in race with US
May 28 (Reuters) - China is designing a futures market for AI tokens, sources familiar with the matter said, as the country potentially takes a different tack to U.S. exchanges developing compute powe...
May 28, 2026
Dollar set to weaken long-term, Europe has work to do, JPMorgan AM, Euroclear execs say
LONDON, May 28 (Reuters) - The U.S. dollar will likely weaken over the long-term given concerns over elevated debt levels in the world's biggest economy, the EMEA CEO of JPMorgan Asset Management said...
May 28, 2026
Australia's ABC names Reuters executive Robinson as news director
SYDNEY, May 28 (Reuters) - The Australian Broadcasting Corporation has appointed a senior Reuters executive, Simon Robinson, as its director of news and current affairs, the two news organisations sai...
May 28, 2026
Italy consumer confidence recovers in May but business morale slides
ROME, May 28 (Reuters) - Morale among Italian consumers recovered against expectations in May after recent declines, but business morale fell to an 8-month low, data showed on Thursday, in mixed signs...
May 28, 2026
Chevron files request to acquire offshore Greek block, energy ministry says
ATHENS, May 28 (Reuters) - U.S. oil major Chevron has filed an official request to take over a 70% stake from Greece's Helleniq Energy in an offshore block southwest of Greece, the Greek energy minist...
May 28, 2026
