Business news


Kraft Heinz Lowers Annual Forecasts on Muted Demand, Tariff Volatility

Kraft Heinz Lowers Annual Forecasts on Muted Demand, Tariff Volatility

Kraft Heinz on Tuesday slashed its full-year organic sales and profit forecasts, as demand for its snacks and ready-to-eat meal kits takes a hit from higher prices and an uncertain economic backdrop wrought by recent U.S. tariffs. Major packaged food firms such as Kraft Heinz, Conagra&n...


April 29, 2025
Costs for Climate Disasters to Reach $145B in 2025, Swiss Re
Costs for Climate Disasters to Reach $145B in 2025, Swiss Re

Hurricanes, storms, floods and other natural disasters may cause $145 billion in insured losses in 2025, nearly 6% up from 2024 and one of the...

Porsche's Q1 Profit Margin Plunges on China Weakness, US Tariffs
Porsche's Q1 Profit Margin Plunges on China Weakness, US Tariffs

Luxury sportscar maker Porsche AG on Tuesday said its operating margin fell to 8.6% in the first quarter, below analyst estimates, hit by...

Carlsberg Maintains Full-Year Outlook, Warns of Volatile Consumer Sentiment
Carlsberg Maintains Full-Year Outlook, Warns of Volatile Consumer Sentiment

Danish brewer Carlsberg reported on Tuesday a "solid" start to the year in China but warned that U.S. tariffs could affect both...

Swedbank Quarterly Profit Beats Forecast Despite Tariff Gloom
Swedbank Quarterly Profit Beats Forecast Despite Tariff Gloom

Swedish banking group Swedbank reported better than expected first-quarter net profit on Tuesday, driven by lower loan losses, but said that...

Adidas Holds Back on Profit Upgrade due to Tariff Uncertainty
Adidas Holds Back on Profit Upgrade due to Tariff Uncertainty

German sportswear maker Adidas held back on Tuesday from raising its 2025 financial forecasts despite strong first-quarter results, saying the...

BBVA's 1st Quarter Net Profit Up 23% Thanks to Spain's Unit
BBVA's 1st Quarter Net Profit Up 23% Thanks to Spain's Unit

Spain's BBVA on Tuesday said its first-quarter net profit rose 23% from the same period in 2024 thanks to a solid performance in Spain,...

Finnish Utility Fortum Q1 Profit Beats Forecasts
Finnish Utility Fortum Q1 Profit Beats Forecasts

Finnish utility Fortum reported on Tuesday a smaller-than-expected drop in first-quarter comparable operating profit, citing successful power...

South Korea's POSCO Raises $700 Million in Green Bonds
South Korea's POSCO Raises $700 Million in Green Bonds

South Korean steelmaker POSCO Holdings said on Tuesday it had raised $700 million in a two-tranche green bond that was heavily oversubscribed...

April 28, 2025
Major Automakers want Congress to Bar California 2035 EV Plan
Major Automakers want Congress to Bar California 2035 EV Plan

Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11...

IBM to Invest $150B in US over next 5 yrs to Aid Quantum Push
IBM to Invest $150B in US over next 5 yrs to Aid Quantum Push

IBM will invest $150 billion in the U.S., including on facilities for quantum computer production, over the next five years, the latest...

Portugal's Galp Seeks Namibia Oil and Gas Partner
Portugal's Galp Seeks Namibia Oil and Gas Partner

Portugal's Galp Energia has resumed talks with potential partners as it seeks to develop a discovery in Namibia, the company said on...

Sinopec's Quarterly Net Income Falls 28% on Slower Fuel Sales
Sinopec's Quarterly Net Income Falls 28% on Slower Fuel Sales

China's Sinopec Corp's, first-quarter profit fell by 27.6% versus a year earlier, the company said on Monday, weighed down by lower oil...

US Aviation Industry Slammed by Tariffs, Seeks Exemptions
US Aviation Industry Slammed by Tariffs, Seeks Exemptions

The U.S. aviation industry, reeling from President Donald Trump's trade war and a slump in travel demand, is lobbying the White House for...

Toyota Industries Shares Set to Surge on Potential Buyout by Toyota Motor
Toyota Industries Shares Set to Surge on Potential Buyout by Toyota Motor

Shares of Toyota Industries were set for their biggest daily jump on record on Monday after Japanese automaker Toyota said it was...

Spain's Unicaja Strikes Cautious Tone on Lending Income for 2025
Spain's Unicaja Strikes Cautious Tone on Lending Income for 2025

Spain's Unicaja struck a cautious outlook for its lending income in 2025 after margins came under pressure in the first quarter due to...

UK's Deliveroo Suspends Share Buyback after $3.6B Offer from Doordash
UK's Deliveroo Suspends Share Buyback after $3.6B Offer from Doordash

British meal delivery company Deliveroo suspended its 100 million pound ($133.13 million) share buyback program on Monday, days after it said...

SK Telecom Shares Plunge on Data Breach due to Cyberattack
SK Telecom Shares Plunge on Data Breach due to Cyberattack

SK Telecom shares fell as much as 8.5% on Monday to hit their lowest level since August last year, after South Korea's biggest mobile carrier...

DeepSeek Available to Download again in S.Korea after Suspension
DeepSeek Available to Download again in S.Korea after Suspension

Chinese artificial intelligence service DeepSeek became available again on South Korean app markets on Monday for the first time in about two...

China's Baosteel Expects Nationwide Output Cuts this Year
China's Baosteel Expects Nationwide Output Cuts this Year

China's biggest listed steelmaker, Baoshan Iron & Steel Co, said a nationwide output cut was likely this year and flagged external...

April 25, 2025
India's Maruti Suzuki Plans Up to $1B Capex for new EV Launch, Higher Exports
India's Maruti Suzuki Plans Up to $1B Capex for new EV Launch, Higher Exports

India's top carmaker Maruti Suzuki plans to invest up to 90 billion rupees ($1 billion) in the current fiscal year, it said on Friday, as...

7-Eleven Owner says it will Need to Cut Costs, US Tariffs Hit Consumer Confidence
7-Eleven Owner says it will Need to Cut Costs, US Tariffs Hit Consumer Confidence

Seven & I Holdings, the owner of 7-Eleven convenience stores, said it expects it will have to take a hard look at its supply chain and rein in...

Russia's Yandex Reports net Loss of $130.5 mln
Russia's Yandex Reports net Loss of $130.5 mln

Russian internet giant Yandex swung to a first-quarter net loss of 10.8 billion roubles ($130.5 million), against a net profit of 20.1 billion...

Japan's Nomura can Ride Choppy Market, CFO says after Bank Posts Record Annual Profit
Japan's Nomura can Ride Choppy Market, CFO says after Bank Posts Record Annual Profit

Japan's biggest investment bank and brokerage Nomura Holdings recorded a 27% rise in fourth-quarter net profit to hit its highest ever...

Automakers Rush to Meet Surging China Demand for Long-Range Hybrids
Automakers Rush to Meet Surging China Demand for Long-Range Hybrids

Chinese automakers and foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world's largest auto...

Norway's Yara Trounces Profit Estimates Despite Rising Gas Costs, Tariff Concerns
Norway's Yara Trounces Profit Estimates Despite Rising Gas Costs, Tariff Concerns

Yara, one of the world's largest producers of fertilisers, reported first-quarter core earnings well above market expectations on Friday,...

RWE has Stopped Offshore Wind Activities in United States
RWE has Stopped Offshore Wind Activities in United States

RWE has stopped its U.S. offshore wind activities for now in light of regulatory&n...

Euronext Launches European Common Prospectus to Boost IPO Market in EU
Euronext Launches European Common Prospectus to Boost IPO Market in EU

Euronext said on Friday it launched the European Common Prospectus (ECP) in a bid to speed up capital market integration and boost initial...

Samsung SDI says Tariffs Expected to Raise Production Costs of US-Made Batteries
Samsung SDI says Tariffs Expected to Raise Production Costs of US-Made Batteries

South Korea's Samsung SDI on Friday said U.S. tariffs will increase the cost of producing its electric vehicle (EV) batteries in the...

Nubank Clears Major Hurdle in Securing Mexico Banking License
Nubank Clears Major Hurdle in Securing Mexico Banking License

Brazilian fintech Nubank said on Thursday that its Mexico arm received regulatory approval from the Mexican National Banking and Securities...

April 24, 2025
United Airlines Invests in Aircraft Startup JetZero
United Airlines Invests in Aircraft Startup JetZero

United Airlines said on Thursday it has made an investment in JetZero, a startup looking to build a blended wing body aircraft aimed at...

PepsiCo Cuts Annual Profit Forecast as Tariffs Set to Drive Up Costs
PepsiCo Cuts Annual Profit Forecast as Tariffs Set to Drive Up Costs

PepsiCo on Thursday cut its annual profit forecast as the soda and snacks giant signaled higher production costs and subdued consumer spending...

Coinbase Waives Fees on PayPal’s Stablecoin in Crypto Payments Push
Coinbase Waives Fees on PayPal’s Stablecoin in Crypto Payments Push

Coinbase, the largest publicly traded cryptocurrency exchange, is waiving fees on transactions connected to PayPal's stablecoin and allowing...

Nestle, Rivals Ease US Price Hikes in Bid for Anxious American Shopper
Nestle, Rivals Ease US Price Hikes in Bid for Anxious American Shopper

Household goods and packaged food makers are easing U.S. price increases to avoid losing American shoppers to retailers' less expensive...

Nestle's India Unit's Quarterly Profit Falls on Higher Commodity Costs
Nestle's India Unit's Quarterly Profit Falls on Higher Commodity Costs

Nestle India reported a decline in fourth-quarter profit on Thursday due to higher commodity costs. The Indian unit of Swiss food major...

Air Liquide Posts Slight Q1 Beat, Confirms Margin Guidance
Air Liquide Posts Slight Q1 Beat, Confirms Margin Guidance

French industrial gases supplier Air Liquide confirmed its margin outlook and reported slightly higher-than-expected revenue for the first...

Bankinter's Q1 net Profit Up 35% as Fees Offset Lending Income Hit
Bankinter's Q1 net Profit Up 35% as Fees Offset Lending Income Hit

Spain's Bankinter said on Thursday its first quarter net profit rose 35% from the same period in 2024 as higher fees and rise in its...

April 23, 2025
LG Electronics Delays India Unit IPO on Market Jitters, Source
LG Electronics Delays India Unit IPO on Market Jitters, Source

South Korea's LG Electronics has delayed its Indian unit's IPO plans due to market volatility and is now targeting launching the...

General Dynamics Profit Rises on Sustained Defense Demand, Aerospace Recovery
General Dynamics Profit Rises on Sustained Defense Demand, Aerospace Recovery

General Dynamics reported a 27% rise in first-quarter profit on Wednesday, driven by recovery in its aerospace segment, as well as sustained...

Tesla Shares Rise as Musk to Shift Focus from Trump Advisory Role to EV Maker
Tesla Shares Rise as Musk to Shift Focus from Trump Advisory Role to EV Maker

Tesla shares rose about 6.5% in premarket trading Wednesday after CEO Elon Musk said he would scale back his government involvement, lifting...

Reckitt Misses First-Quarter Sales Estimates, Shares Slide
Reckitt Misses First-Quarter Sales Estimates, Shares Slide

Reckitt, the maker of Dettol and Lysol cleaning products, on Wednesday missed first-quarter like-for-like net sales growth estimates as volumes in...

Tesla Says India's 100% Car Tariffs make Customers Anxious
Tesla Says India's 100% Car Tariffs make Customers Anxious

Tesla sees India's 100% import tariffs on cars making customers anxious, and the carmaker is still assessing when to enter the "very...

April 22, 2025
Barrick Gold Sells Alaska Mine Stake to John Paulson, NovaGold for Up to $1.1B
Barrick Gold Sells Alaska Mine Stake to John Paulson, NovaGold for Up to $1.1B

Canada's Barrick Gold said on Tuesday it will exit the Donlin gold Project in Alaska by selling its 50% stake to billionaire John Paulson...


Business as the main participant of transactions in the Forex and stock markets

Business is an integral component of the world economy, which have a huge influence on the traders behavior on the stock and currency markets. Mergers and acquisitions or bankruptcy of large corporations can change the dynamics on financial markets giving them new trends. If investor purchased shares of one or another company, he must follow all the events, which take place around the selected business and its competitors to have an opportunity at any time to turn news data in his favor and to reduce risks to investments.

Business as the foundation of intensive development of the economy and financial markets

The economy of developed and emerging countries is based on entrepreneurship which is responsible for the production of industrial products and general consumer goods, as well as products, which have export potential and bring to the state a significant share of the profits. In turn, this have an impact on significance of the national currency, what is clearly reflected on the foreign exchange market. Timely analysis will allow traders and investors to choose the right strategy and get the desired profit.

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