India's Coforge stock on track for biggest jump in a year on upbeat outlook
May 6 (Reuters) - India's Coforge stock jumped as much as 11.1% on Wednesday, on track to log its best session in more than a year, after the mid-tier IT firm forecast robust earnings and its margin beat surprised analysts. The stock was trading 9.1%...
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Spirits giant Diageo posts growth in quarterly organic sales
May 6 (Reuters) - Diageo on Wednesday maintained its fiscal 2026 forecast after reporting a 0.3% growth in quarterly organic net sales as growth in Europe and Latin America offset weakness in the U.S., its largest market. Analysts had expec...
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Russian services confidence drops to 40-month low, PMI shows
MOSCOW, May 6 (Reuters) - Russia's services sector contracted for a second straight month in April as weak client demand led to declines in output and new sales, while business confidence plumbed a 40-month low, a survey showed on Wednesday. The S&P ...
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Cargo ship sinks off Greece, all crew safe, coast guard says
ATHENS, May 6 (Reuters) - Greece has rescued all nine members of the crew of a cargo ship that ran aground and sank off the island of Andros early on Wednesday, the country's coast guard said. The freighter had sailed off Albania with hundreds of m...
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Watchdog flags risks in banks' growing private credit ties
By Phoebe Seers LONDON, May 6 (Reuters) - The fast-growing private credit industry's deepening links with traditional banks and asset managers create risks to the global financial system, the global Financial Stability Board watchdog said on Wednesday...
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