Category Archives:
Emerson Electric bumps up profit view on lower cost risk from tariffs, firm demand
(Reuters) -Engineering solutions provider Emerson Electric slightly raised its annual profit forecast on Wednesday, banking on reduced cost exposure to tariffs and higher demand for its intelligent de...
Aug 06, 2025
Apple to pledge $100 billion for US manufacturing, White House official says
By Nandita Bose WASHINGTON (Reuters) -Apple Inc will announce a domestic manufacturing pledge of $100 billion on Wednesday that will focus on bringing more manufacturing to the United States, a White ...
Aug 06, 2025
China's Alibaba to exit India's Eternal via block deal, CNBC-Awaaz reports
(Reuters) -China's Alibaba Group is likely to exit India's Eternal in a block deal valued at 53.75 billion rupees ($613 million), CNBC-Awaaz reported on Wednesday, citing sources. Alibaba's unit Antfi...
Aug 06, 2025
Global Payments beats profit estimates on core business strength
(Reuters) -Global Payments beat Wall Street estimates for second-quarter profit on Wednesday, helped by strong growth and margin improvement in its merchant and issuer solutions businesses, sending it...
Aug 06, 2025
Apollo Funds agrees to buy majority stake in Stream Data Centers
(Reuters) -Apollo said on Wednesday that funds managed by it had agreed to buy a majority interest in Stream Data Centers (SDC), as part of a bet on rising demand for digital infrastructure fueled by ...
Aug 06, 2025
Novavax beats quarterly revenue estimates on milestone payment
(Reuters) -Novavax beat Wall Street expectations for second-quarter revenue on Wednesday, helped by a $175 million milestone payment related to U.S. approval of its COVID-19 vaccine in May. The biotec...
Aug 06, 2025
CDW tops quarterly estimates on steady demand from healthcare, government customers
(Reuters) -CDW beat Wall Street estimates for second-quarter results on Wednesday, helped by continued demand for IT solutions from its healthcare and government customers. The increasing need for hyb...
Aug 06, 2025
Dayforce beats quarterly revenue estimates on steady software demand
(Reuters) -Dayforce on Wednesday beat Wall Street expectations for second-quarter revenue and raised its annual revenue forecast, benefiting from resilient spending on its cloud-based human capital ma...
Aug 06, 2025
Swiss cheesemakers fear for US sales if hit by tariffs
By Manuel Ausloos Yverdon-Les-Bains, Switzerland (Reuters) -Swiss cheese producers are bracing for a steep drop in U.S. sales after President Donald Trump announced a 39% tariff on Swiss imports due t...
Aug 06, 2025
Brazil's Haddad to speak to Bessent after steep US tariffs
SAO PAULO (Reuters) -Brazil's Finance Minister Fernando Haddad said on Wednesday he will hold a call next week with U.S. Treasury Secretary Scott Bessent, as the country seeks to negotiate trade after...
Aug 06, 2025
Peoria, IL, USA
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