Cloudy 57°. Wind: E 7 mph.
Loading advertisement…
Trending: ‘The past gives comfort’: Finding refuge on analog islands amid deepening digital seas
HomeNewsNationalBusiness ( Page 549)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Acerinox, shielded by tariffs, eyes price hikes for US business

By Javi West Larrañaga (Reuters) -Steelmaker Acerinox, whose U.S. business is a big beneficiary of President Donald Trump’s tariffs, is looking into raising some prices in the market, though no notable changes are expected before late September, its management said on Thursday. “In the United States, ...
by

Blackstone’s profit tops estimate on credit strength, fee gains

By Niket Nishant and Isla Binnie (Reuters) -Blackstone beat second-quarter profit expectations on Thursday on strong gains in its credit and private equity businesses and a pickup in performance-related fees tied to perpetual capital funds. Shares of the world’s largest alternative asset manager rose nearly ...
by

Mexico inflation falls within central bank’s target range in early July

MEXICO CITY (Reuters) -Mexico’s headline inflation slowed in the first half of July, falling back within the central bank’s target range and fueling expectations that the bank should continue to bring down interest rates in Latin America’s second-largest economy. Consumer prices rose 3.55% in the ...
by

Instant View: ECB leaves rates steady after a year of easing

LONDON (Reuters) -The European Central Bank left interest rates steady at 2%, as expected on Thursday, taking a break after a year of policy easing to wait for clarity over Europe’s future trade relations with the United States. The euro traded at $1.1733, below where ...
by

Union Pacific, now the subject of merger talks, reports second quarter profit of $1.8 billion

Union Pacific reported Thursday that its adjusted profit grew to $1.8 billion in the second quarter as merger rumors to swirl around the nation’s largest railroad. The Omaha, Nebraska, per-share earnings rose rose to $3.03, beating Wall Street expectations and easily topping the $2.71 per-share ...
by

Trump tariffs would hit Hungary hard despite warm relations with MAGA-friendly Orbán

BUDAPEST, Hungary (AP) — Hungary’s populist prime minister has spent years building a close political relationship with U.S. President Donald Trump and aligning himself with the MAGA movement. But despite Viktor Orbán’s success in gaining favor with the culturally conservative and nationalist wing of ...
Loading advertisement…
by

Nasdaq profit beats estimates as volatile markets lift trading volumes

(Reuters) -Nasdaq beat Wall Street estimates for second-quarter profit on Thursday, as volatile markets boosted trading volumes while first-half listings on its eponymous exchange hit their highest since 2021. U.S. markets were roiled during the quarter due to President Donald Trump’s aggressive tariff announcements, renewed ...
by

Wall St futures mixed as investors juggle Alphabet, Tesla results

By Nikhil Sharma and Pranav Kashyap (Reuters) -Wall Street futures were mixed on Thursday as investors sifted through a flurry of earnings from heavyweights like Alphabet and Tesla, all while keeping a watchful eye on U.S. trade negotiations. Google-parent Alphabet ramped up its spending plans to ...
by

China releases draft law amendment to help curb price wars

BEIJING (Reuters) -China released a draft amendment to its pricing law on Thursday as part of efforts to curb excessive competition and price wars among firms, amid persistent deflationary pressures. Chinese leaders have signaled they will rein in price wars among producers as expectations ...
by

Defense contractor L3Harris raises 2025 outlook on steady demand

(Reuters) -U.S. defense contractor L3Harris Technologies raised its annual forecast and beat Wall Street expectations for second-quarter results on Thursday, driven by resilient demand amid rising geopolitical tensions. Shares of the company rose 2% in premarket trading. Demand for arms and military equipment has ballooned ...
by

Aircraft maker Textron tops profit estimates on strong aftermarket service, Bell demand

(Reuters) -Aircraft maker Textron beat second-quarter profit and revenue estimates on Thursday, helped by strong demand for aftermarket parts and services and growth in its Bell unit. “In the quarter, we saw revenue growth in both our commercial aircraft and helicopter businesses, as well as ...
by

American Airlines restores 2025 forecast, flags economic worries for keeping it broad

(Reuters) -American Airlines restored its financial forecast for 2025 on Thursday and cited economic uncertainty for keeping its expectations broad – from a potential loss to a profit. The carrier’s shares fell nearly 6% before the market open as the forecast underscored the challenges airlines ...
First Previous545546547548549550551552553Next Last