April2025
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HSBC’s profit in Q1 dropped to $9.5 billion before tax
Apr 29, 2025Banking giant HSBC said on Tuesday that its profit in the first quarter dropped to $9.5 billion before tax, while its CEO warned of uncertainty in a global economy jolted by sweeping US tariffs. The pre-tax... -
Adidas warned Donald Trump’s tariffs to increase prices for its products in the United States
Apr 29, 2025German sportswear giant Adidas on Tuesday warned that US President Donald Trump’s tariffs will increase prices for its products in the United States, and the hardline trade policies could dent its ongoing recovery. The firm makes... -
Spain’s economic growth slowed slightly in the Q1
Apr 29, 2025Spain’s economic growth slowed slightly in the first quarter but the European Union’s strongest performer maintained a solid pace, official data showed on Tuesday. The economy expanded by 0.6 percent in the first three months of... -
Lufthansa’s losses unexpectedly worsened at the start of the year
Apr 29, 2025German airline giant Lufthansa said on Tuesday its losses unexpectedly worsened at the start of the year and warned that trade tensions with the United States had heightened uncertainty. In the first three months of 2025,... -
BP’s net profit plunged in Q1 due to weaker gas sales and lower refining margins
Apr 29, 2025British oil and gas giant BP said on Tuesday net profit plunged in the first quarter due to weaker gas sales and lower refining margins. Profit after tax declined to $687 million from $2.3 billion in... -
AstraZeneca vowed to keep investing and growing its business in the United States
Apr 29, 2025British pharmaceutical giant AstraZeneca on Tuesday vowed to keep investing and growing its business in the United States, ahead of President Donald Trump’s possible tariffs on the sector. “Our company is firmly committed to investing and... -
Markets edged up on Tuesday after a largely positive day on Wall Street
Apr 29, 2025Markets edged up on Tuesday after a largely positive day on Wall Street with investors eyeing a busy week of data and earnings releases that could provide clues about the effects of Donald Trump’s trade policies.... -
Volvo Cars announced plan to cut costs by 18 billion kronor
Apr 29, 2025Sweden’s Volvo Cars announced on Tuesday a plan to cut costs by 18 billion kronor ($1.9 billion), including through job cuts, as its profits fall and the auto sector navigates US tariffs. The carmaker, owned by... -
Global stocks were steady on Monday
Apr 29, 2025Global stocks were steady on Monday as investors welcomed the absence of further trade war escalation over the weekend and as countries seek to temper US President Donald Trump’s tariffs. Major bourses avoided big swings on... -
Wall Street stocks finished little changed in the first day of a news-jammed week
Apr 29, 2025Wall Street stocks finished little changed on Monday in the first day of a news-jammed week that includes earnings from several tech giants and major economic data releases. Major indices meandered in and out of positive...
