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  1. Inviteshop

    US calls on India and Pakistan to 'de-escalate'

    Indian Border Security Force (BSF) soldiers stand guard near the India-Pakistan Wagah border post, about 35kms from Amritsar on May 1, 2025. Photo: AFP The United States has appealed to India and Pakistan to de-escalate after a deadly attack in Kashmir, as New Delhi on Thursday said that both...
  2. Inviteshop

    European stocks edge higher; quarterly earnings, trade uncertainty in focus

    Investing.com - European equity indices traded marginally higher Tuesday, as investors absorbed a flood of quarterly corporate earnings amid continued trade uncertainty. At 03:05 ET (07:05 GMT), the DAX index in Germany climbed 0.5%, the CAC 40 in France gained 0.1% and the FTSE 100 in the U.K...
  3. Inviteshop

    China’s Guangzhou port starts shipping route to Peru

    HONG KONG (Reuters) -China’s Guangzhou Port, the largest shipping hub in the country’s south, opened a direct route to Chancay port in Peru on Tuesday, state broadcaster CCTV reported, a move it said would reduce logistics costs and bolster trade with Latin America. Located north of Lima...
  4. Inviteshop

    Deutsche Bank posts 39% rise in first-quarter profit, but tariffs weigh

    By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Deutsche Bank on Tuesday posted a 39% rise in first-quarter profit after its global investment banking division generated a big increase in revenue in bond and currency trading during volatile markets. The profit increase comes despite a...
  5. Inviteshop

    Up 20%+, these stocks are crushing it amid S&P 500’s rebound

    As the market finally rewarded the patient dip-buyers who endured the series of ups and downs following the S&P 500’s drop below 5000, investors across the equity spectrum were enjoying their fair share of profits. However, while gains were largely broad-based, not all bulls were rewarded...
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    Biofuel maker Neste expects limited impact from tariffs, but supply glut still weighs

    (Reuters) -Finnish biofuel maker and oil refiner Neste expects U.S. tariffs will have only a limited direct impact on its business, it said on Tuesday, but warned of continuous oversupply in renewable fuel and market volatility. "We expect the European policymakers to safeguard a level playing...
  7. Inviteshop

    FTSE 100 today: stocks flat as HSBC, BP, AstraZeneca post results

    Investing.com -- British stocks were mostly flat at Tuesday’s open as the major earnings reporting day saw blue-chip companies, including HSBC, BP (NYSE:BP) (LON:BP), AstraZeneca, report their earnings. As of 0726 GMT, the blue-chip index FTSE 100 was up 0.01% and the British pound fell 0.2%...
  8. Inviteshop

    BP strategy chief Chierchia to leave in June after Elliott pressure

    LONDON (Reuters) - BP (NYSE:BP)’s strategy and sustainability chief Giulia Chierchia, the key architect of the group’s ill-fated foray into renewables, will step down on June 1, the company said on Tuesday. Activist investor Elliott had demanded her exit alongside other structural changes at...
  9. Inviteshop

    Trump to reduce impact of auto tariffs, commerce secretary says

    By Jeff Mason and David Shepardson WASHINGTON (Reuters) -President Donald Trump’s administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties imposed on foreign parts in domestically manufactured cars and keeping tariffs on cars made abroad from...
  10. Inviteshop

    Amazon launches first 27 satellites for Project Kuiper

    Investing.com -- Amazon (NASDAQ:AMZN) initiated the long-awaited deployment of its broadband internet constellation, Project Kuiper, on Monday, with the launch of its first 27 satellites from Florida. This marks the beginning of a challenge to SpaceX’s Starlink network. Project Kuiper is a $10...
  11. Inviteshop

    U.K.’s Jet2 shares soar on upbeat profit forecast and buyback plan

    Investing.com -- British airline Jet2 PLC (LON:JET2) shares climbed 14.9% after the company released a post-close trading statement indicating an expected profit before foreign exchange revaluation and taxation for the fiscal year 2025 (FY25) that could reach up to £570 million. This forecast...
  12. Inviteshop

    Lufthansa strikes upbeat tone, while monitoring tariff fallout

    By Joanna Plucinska and Rachel More BERLIN (Reuters) -German airline Lufthansa stuck to its 2025 financial guidance on Tuesday and said it was optimistic about the key summer season, striking a more upbeat tone than some rivals while cautioning it was monitoring the impact of trade tensions...
  13. Inviteshop

    BYD breaks ground on Cambodian car factory, Chinese embassy says

    BEIJING (Reuters) -Chinese electric vehicle giant BYD (SZ:002594) broke ground on its Cambodia passenger vehicle factory on Monday, according to the Chinese embassy in Cambodia. The new plant in the Sihanoukville Special Economic Zone, with an annual production capacity of 10,000 vehicles...
  14. Inviteshop

    Adidas holds back on profit upgrade due to tariff uncertainty

    By Helen Reid and Linda Pasquini (Reuters) -German sportswear maker Adidas (OTC:ADDYY) held back on Tuesday from raising its 2025 financial forecasts despite strong first-quarter results, saying the uncertainty around U.S. import tariffs was making it difficult to make predictions and plan...
  15. Inviteshop

    Banks complete sale of debt linked to Musk’s $44 billion Twitter buyout- report

    Investing.com -- A consortium of banks, including Morgan Stanley, Bank of America, Barclays, and Mitsubishi UFJ (NYSE:MUFG), has successfully sold the final portion of debt associated with Elon Musk’s $44 billion acquisition of the social media platform Twitter, now known as X, Reuters reported...
  16. Inviteshop

    HSBC quarterly profit tanks 25%; announces $3 bln buyback and flags tariff risks

    Investing.com-- HSBC Holdings (HK:0005) (LON:HSBA)(HSBA.L) on Tuesday reported a 25% fall in first-quarter profit due to the absence of one-off gains which boosted earnings a year earlier, and launched a $3 billion share buyback. The London-based bank reported profit before tax of $9.5 billion...
  17. Inviteshop

    HSBC sounds Trump tariff alarm, taking shine off Q1 profit beat and buyback

    By Selena Li, Lawrence White and Sinead Cruise HONG KONG/LONDON (Reuters) -HSBC warned that loan demand and credit quality could suffer from the broader fallout of U.S. President Donald Trump’s global trade war, signalling tougher times for trade-focused banks even as the lender’s first quarter...
  18. Inviteshop

    Bakkavor shares edge up on China operations sale deal

    Investing.com -- Shares of food manufacturing firm Bakkavor Group PLC (LON:BAKK) edged up by 0.6% following the announcement of a binding agreement to sell its China operations to Lihe Xing (Qingdao) Food Technology Co. Ltd, a subsidiary of Lihoo’s (Qingdao) Food Industry Company Ltd. The sale...
  19. Inviteshop

    Carlsberg maintains full-year outlook, warns of volatile consumer sentiment

    By Jacob Gronholt-Pedersen and Emma Rumney COPENHAGEN/LONDON (Reuters) - Danish brewer Carlsberg (CSE:CARLb) reported on Tuesday a "solid" start to the year in China but warned that U.S. tariffs could affect both consumer spending and raw material costs going forward. Carlsberg, the world’s...
  20. Inviteshop

    Porsche cuts outlook as US tariffs, China weakness hit in first quarter

    By Christoph Steitz FRANKFURT (Reuters) - Porsche’s margins plunged in the first quarter, the sportscar maker said on Tuesday, forcing it to cut its 2025 outlook due to weakness in main market China, rising supply chain costs and U.S. tariffs that are disrupting the global car industry. The...
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