Reuters US Business

Emerson Electric bumps up profit view on lower cost risk from tariffs, firm demand

6 Aug 2025

(Reuters) -Engineering solutions provider Emerson Electric slightly raised its annual profit forecast on Wednesday, banking on reduced cost exposure to tariffs and higher demand for its intelligent devices segment. However, its shares fell more than 7% in premarket trading. The company’s intelligent devices business benefited from a rise in demand for its measurement and analytical …

Emerson Electric bumps up profit view on lower cost risk from tariffs, firm demand Read More »

Trump’s trade war: Tariff deadlines and key upcoming events

6 Aug 2025

August 6 (Reuters) -The twists and turns in U.S. President Donald Trump’s tariff policies have not only roiled global financial markets but also taken investors on a roller-coaster ride. Adding to the uncertainty are tariff-related legal challenges and Trump’s assertion that he will hammer out bilateral deals with trade partners. Last month, he sent letters …

Trump’s trade war: Tariff deadlines and key upcoming events Read More »

Honda Q1 operating profit halves on tariffs, but lifts full-year forecast

6 Aug 2025

TOKYO (Reuters) -Honda Motor reported a 50% drop in first-quarter operating profit on Wednesday, as a stronger yen and the impact of U.S. President Donald Trump’s tariffs took its toll, but the company raised its full-year forecast.  Japan’s second-biggest car maker said quarterly operating profit was 244.2 billion yen ($1.66 billion) in the April-June period, …

Honda Q1 operating profit halves on tariffs, but lifts full-year forecast Read More »

Morning Bid: When the chips are down

6 Aug 2025

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets A mix of disappointing results from some major semiconductor chip names, a service sector hiccup and another slight ebb in hopes for interest rate cut have caused early week stock market ebullience go a …

Morning Bid: When the chips are down Read More »

Tariffs in crucial sectors could last beyond Trump era, says JPMorgan’s geopolitics arm

6 Aug 2025

(Reuters) -The effective tariff rate on U.S. imports will settle near 22% and duties on sensitive sectors critical to national security are unlikely to be lifted, JPMorgan Chase’s Center for Geopolitics wrote in a report on Wednesday. Tariffs are being viewed across party lines as vital to enhancing the U.S. industrial base in strategic sectors …

Tariffs in crucial sectors could last beyond Trump era, says JPMorgan’s geopolitics arm Read More »

Walt Disney’s ESPN to launch new streaming service on August 21

6 Aug 2025

(Reuters) – Walt Disney’s ESPN said on Wednesday it would launch the new ESPN’s direct-to-consumer streaming service on August 21, priced at $29.99 per month. ESPN will also become the exclusive home for all WWE events, including WrestleMania, from 2026 in the U.S., the company said. (Reporting by Zaheer Kachwala in Bengaluru; Editing by Shilpi …

Walt Disney’s ESPN to launch new streaming service on August 21 Read More »

Blackstone offers $3.5 billion for Japan’s TechnoPro as deal competition heats up

6 Aug 2025

By Anton Bridge, Makiko Yamazaki and Miho Uranaka TOKYO (Reuters) -Blackstone said on Wednesday it would launch a $3.5 billion offer to take TechnoPro Holdings private, the latest in a series of deals that have helped push M&A dealmaking to record levels in Japan this year. The world’s largest alternative asset manager is offering 507.4 …

Blackstone offers $3.5 billion for Japan’s TechnoPro as deal competition heats up Read More »

Euro zone retail sales grow quicker than thought after revisions

6 Aug 2025

FRANKFURT (Reuters) -Euro zone retail sales grew quicker than thought in June, data showed on Wednesday, reinforcing views that the bloc remains resilient to trade uncertainty thanks to the continued rebound in domestic consumption. Retail sales in the 20 nations sharing the euro currency expanded by 3.1% in June from a year earlier, well above …

Euro zone retail sales grow quicker than thought after revisions Read More »

TotalEnergies maintains buybacks despite profit drop, rising debt

6 Aug 2025

(Corrects July 24 story to show disposals referred to in paragraph 9 include assets in Argentina, not Brazil) By America Hernandez PARIS (Reuters) -TotalEnergies reported a 23% fall in second-quarter earnings on Thursday, the French oil major’s worst performance in four years but in line with expectations, as lower oil and gas prices outweighed a …

TotalEnergies maintains buybacks despite profit drop, rising debt Read More »

German industrial orders unexpectedly fall in June on subdued foreign demand

6 Aug 2025

By Miranda Murray BERLIN (Reuters) -German industrial orders unexpectedly fell in June, declining for a second straight month, due to falling demand from abroad, a trend that looks set to continue due to increased tariffs on exports to the United States, data showed on Wednesday. Orders were down by 1% on the previous month on …

German industrial orders unexpectedly fall in June on subdued foreign demand Read More »

Close Bitnami banner
Bitnami