Category Archives:
Rio Tinto posts smallest first-half profit in five years
(Reuters) -Rio Tinto reported its smallest first-half underlying profit in five years on Wednesday, as iron ore prices remained subdued due to oversupply concerns and soft China demand, offsetting hig...
Jul 30, 2025
Aston Martin warns on annual profit due to tariff disruption
(Reuters) -Luxury carmaker Aston Martin lowered its profit view on Wednesday due to "evolving and disruptive" U.S. tariffs, and said it now expects adjusted operating profit to roughly break even. U.S...
Jul 30, 2025
Trump's tariffs give chocolate makers in Canada, Mexico an edge over US firms
By May Angel, Helen Reid and Jessica DiNapoli LONDON/NEW YORK (Reuters) -U.S. President Donald Trump's trade tariffs are meant to boost domestic manufacturing. But in the chocolate industry, they're d...
Jul 30, 2025
German retail sales rise more than expected in June
(Reuters) -German retail sales rose more than expected in June, increasing by 1.0% compared with the previous month, data showed on Wednesday. Analysts polled by Reuters had predicted a 0.5% increase....
Jul 30, 2025
Hermes sales rise, with U.S. prices rising 5% more than elsewhere
PARIS (Reuters) -Birkin bag maker Hermes outpaced rivals with a 9% rise in quarterly sales, showing the continued appetite from rich shoppers for its coveted, $10,000 handbags. The company said it rai...
Jul 30, 2025
Porsche trims outlook as tariffs add to 'storm' of challenges
By Rachel More BERLIN (Reuters) -Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal with U.S. President Donald Trump and reported...
Jul 30, 2025
Telefonica books $59 million net loss in second quarter on currency swings
MADRID (Reuters) -Spanish telecom giant Telefonica booked a net loss of 51 million euros ($58.93 million) in the second quarter due to currency swings and capital impairments on assets sold in Latin A...
Jul 30, 2025
Lamborghini's half-year operating profit slips on currency effects
MILAN (Reuters) -Italian luxury sports car maker Lamborghini said on Wednesday its operating income fell slightly in the first half even as it delivered record numbers of cars to customers, as currenc...
Jul 30, 2025
Foxconn will hold a press conference with TECO Electric on Wednesday
By Wen-Yee Lee TAIPEI (Reuters) -Taiwan's Foxconn said it will hold a press conference with Taiwanese industry motor maker TECO Electric & Machinery at 3:30 p.m. (0730 GMT) on Wednesday. The press con...
Jul 30, 2025
Indonesia to raise tax rate on crypto transactions
JAKARTA (Reuters) -Indonesia will raise taxes on cryptocurrency transactions, with a higher rate on trades hosted by overseas bourses, starting from August 1, according to a new finance ministry regul...
Jul 30, 2025
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