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US cedes little ground on key tariffs in talks with Japan, Nikkei says

TOKYO (Reuters) -U.S. tariff negotiators appeared reluctant to lower levies on cars, steel and aluminium in a recent meeting with Japanese counterparts – a stance that made the Japanese side feel that cooperation could be difficult, the Nikkei newspaper reported on Friday. U.S. negotiators including ...
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Investors sell U.S. shares in past week flock to Japan, Europe, BofA note shows

LONDON (Reuters) – Investors sold U.S. stocks in the week ending Wednesday and bought Japanese and European shares, BofA Global Research said on Friday. U.S. equities saw an $8.9 billion outflow in the week, BofA said in its regular round up ...
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German factory output shows signs of recovery in April – PMI

BERLIN (Reuters) – Germany’s manufacturing sector contracted at the slowest rate in more than 2-1/2 years in April as output rose at the quickest rate for more than three years, a business survey showed on Friday. The HCOB Germany Manufacturing PMI compiled by S&P Global rose ...
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French factories post first output rise in nearly three years in April, PMI shows

PARIS (Reuters) – France’s manufacturing sector posted its first rise in output in nearly three years in April, and expectations of greater military spending could help offset the impact of uncertainty over U.S. tariffs, a survey showed on Friday. The HCOB final purchasing managers index (PMI) ...
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Danske Bank posts profit beat and expects moderate tariff impact in Nordic market

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Denmark’s biggest lender Danske Bank reported forecast-beating first-quarter profits on Friday and said it expects the global trade war to have a moderate impact on its main Nordic markets, booting its shares. U.S. President Donald Trump’s tariffs have sown turmoil in ...
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Australia launches informal review of unannounced Lactalis bid for Fonterra assets

(Reuters) -Australia’s competition watchdog has begun an informal review of Lactalis’ proposed offer to buy New Zealand-based Fonterra’s businesses up for sale, even though the French dairy major is yet to make a formal announcement on the offer. The Australian Competition and Consumer Commission’s (ACCC) ...
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Shell Q1 profit drops 28%, but beats expectations

By Shadia Nasralla LONDON (Reuters) -Shell on Friday reported a 28% drop in first-quarter net profit to $5.58 billion, beating analyst expectations, and kept the pace of its share buyback programme steady amid falling oil prices and lower refining margins than last year. It said it ...
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Danske Bank posts profits beat and expects moderate tariff impact in Nordic market

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Denmark’s biggest lender Danske Bank kept its 2025 profit outlook unchanged as it reported forecast-beating first-quarter profits on Friday and said it expects the global trade war to have a moderate impact on its main Nordic markets. U.S. President Donald Trump’s ...
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Analysis-Amazon sellers are stocking up in the face of tariffs, but it’s a short-term fix

(Reuters) – Amazon on Thursday tried to temper investor concerns about the impact of the Trump administration’s tariffs on its e-commerce business, but the company may have few options left to ensure small third-party sellers stay put in the face ...
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Mitsubishi forecasts 26% drop in annual profit, citing lack of capital gains

TOKYO (Reuters) -Japanese trading house Mitsubishi Corp forecast on Friday its net profit for the year ending March would fall 26% to 700 billion yen ($4.82 billion), citing the absence of major capital gains. Mitsubishi posted 950.7 billion yen in net profit for the year ...
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Japanese investors raise foreign stock holdings for sixth week on easing trade tensions

(Reuters) -Japanese investors raised their foreign stock holdings for a sixth straight week as their sustained appetite for overseas equities was further bolstered by signs that the U.S. and China were willing to ease trade tensions. The local investors also viewed last week’s stronger yen ...
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Danske Bank’s Q1 net profit beats forecasts, maintains outlook

COPENHAGEN (Reuters) -Denmark’s biggest lender Danske Bank reported first-quarter net profit above expectations on Friday and kept its full-year profit outlook unchanged. “We delivered solid results in line with our expectations, driven by a steady development in core income and a stable cost level,” CEO ...
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