Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bank of Israel seen resuming rate reductions next week with 25 bps cut - Reuters poll
JERUSALEM, May 20 (Reuters) - The Bank of Israel is expected to resume interest rate cuts next week after a brief pause, due to stable inflation, a strong shekel and a ceasefire with Iran that has hel...
Thomson Reuters May 20, 2026
Chipmaker Analog Devices forecasts third-quarter revenue above estimates amid AI boom
May 20 (Reuters) - Chipmaker Analog Devices forecast third-quarter revenue above Wall Street estimates on Wednesday, a sign of growing demand for its power-management semiconductors and sensor compone...
Thomson Reuters May 20, 2026
Hormuz closure could trigger 'agrifood shock', price crisis within a year, FAO warns
ROME, May 20 (Reuters) - The closure of the Strait of Hormuz is the beginning of a "systemic agrifood shock" that could trigger a severe global food price crisis within six to 12 months, the United Na...
Thomson Reuters May 20, 2026
US mortgage rates rise to 6.56%, MBA says
May 20 (Reuters) - The rate on the most popular U.S. home loan rose last week to its highest in seven weeks, as concerns about inflation from higher oil prices and an uncertain outlook for the Iran wa...
Thomson Reuters May 20, 2026
UK shares edge higher as benign inflation data reassures investors
May 20 (Reuters) - UK shares rose marginally on Wednesday after softer-than-expected April inflation offered relief to investors, though sceptics warned the reprieve would be temporary. The blue-chip ...
Thomson Reuters May 20, 2026
Don't fight AI, HSBC CEO tells staff as banks begin job cuts
By Lawrence White and Selena Li LONDON/HONG KONG, May 20 (Reuters) - HSBC appealed to staff not to fight AI on Wednesday, saying it would destroy jobs while creating new ones, as banking rival Standar...
Thomson Reuters May 20, 2026
Target doubles growth forecast, but cites caution as consumers remain stretched
By Juveria Tabassum and Nicholas P. Brown May 20 (Reuters) - Target raised its annual sales growth forecast for the first time in two years, but cautioned a tough macro environment ahead, as the retai...
Thomson Reuters May 20, 2026
Morning Bid: Nvidia vigil
By Mike Dolan May 20 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets With Nvidia's first-quarter results due after Wednesday's bell, trade...
Thomson Reuters May 20, 2026
Volvo Cars faces Thai legal threat after fresh EX30 fires
(Fixes dateline to May 20 (not May 19) By Chayut Setboonsarng and Marie Mannes STOCKHOLM/BANGKOK, May 20 (Reuters) - Two new battery-related fires involving Volvo Cars' EX30 has prompted Thailand's co...
Thomson Reuters May 20, 2026
Indonesia unveils plan to centralise control of commodity exports
By Stanley Widianto, Gayatri Suroyo and Fransiska Nangoy JAKARTA, May 20 (Reuters) - Indonesia unveiled a sweeping plan on Wednesday to centralise exports of key commodities such as palm oil and coal,...
Thomson Reuters May 20, 2026





