Category Archives:
Intel shares drop almost 6% on disappointing guidance, job cuts
LONDON (Reuters) -Shares of Intel were down 5.8% in Frankfurt on Friday after the company said it expects steeper losses than Wall Street forecasts in the third quarter and announced plans to slash jo...
Jul 25, 2025
Sweden's Hexagon tops profit forecast, but market uncertainty clouds outlook
(Reuters) -Swedish industrial technology group Hexagon reported a smaller than expected drop in its quarterly operating profit on Friday, but said the continued market uncertainty made it difficult to...
Jul 25, 2025
UK sunshine warmed up retail sales in June, ONS says
LONDON (Reuters) -British consumers shopped more in June after a sharp drop in May as hot weather helped to boost the sales of drinks, clothes and car fuel, official figures showed on Friday. Retail s...
Jul 25, 2025
Remy Cointreau's first-quarter sales rise 5.7%, beating forecast
LONDON (Reuters) -Remy Cointreau reported its first quarter of sales growth since early 2023 and raised its full-year profit guidance on Friday as tariff threats receded, kindling some optimism around...
Jul 25, 2025
Volkswagen lowers guidance as tariffs hit profit in second quarter
By Rachel More BERLIN (Reuters) -Volkswagen on Friday gave its first assessment of how U.S. President Donald Trump's trade war with Europe is expected to impact its 2025 earnings after tariffs dealt a...
Jul 25, 2025
Kia Corp takes $570 million hit from US tariffs in second quarter
SEOUL (Reuters) -South Korea's Kia Corp said on Friday that it suffered a hit of 786 billion won ($570 million) from U.S. tariffs in the April to June period. Kia, the world's No.3 automaker together ...
Jul 25, 2025
Sustaining Sri Lanka's reforms critical to safe-guarding macroeconomic stability, IMF says
(Reuters) -Sustaining Sri Lanka's reform momentum is critical to safeguarding the country's macroeconomic stability, the International Monetary Fund said on Friday after its staff concluded a visit to...
Jul 25, 2025
Japan says profits from US investments in trade deal to be shared according to contributions
By Makiko Yamazaki and Tamiyuki Kihara TOKYO (Reuters) -Japan's government said on Friday that profits from a $550 billion investment package agreed in this week's tariff deal with the U.S. would be s...
Jul 25, 2025
Trump travels to Scotland for golf and bilateral talks amid Epstein furor
By Andrea Shalal and Andrew MacAskill EDINBURGH/LONDON (Reuters) -U.S. President Donald Trump, dogged by questions about his ties to disgraced financier and sex offender Jeffrey Epstein, heads to Scot...
Jul 25, 2025
CK Hutchison ports deal deadline likely to be extended as US-China tensions weigh, sources say
By Clare Jim, Scott Murdoch and Davide Barbuscia HONG KONG (Reuters) -CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalised anytime soon, with political brin...
Jul 24, 2025
Peoria, IL, USA
67 °F Partly cloudy
