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US judge rules Apple violated order to reform App Store
April 30 (Reuters) - Apple AAPL.O violated a U.S. court order that required the iPhone maker to allow greater competition for app downloads and payment methods in its lucrative App Store and will be referred to federal prosecutors, a federal judge in California ruled on Wednesday.
Thu, May 1

PRECIOUS-Gold retreats on firm dollar, US payrolls data on tap
May 1(Reuters) - Gold was subdued on Thursday on the dollar's strength, while investors awaited more clarity on trade policy between the U.S. and its trading partners, and looked forward to the U.S. non-farm payrolls report due this week.FUNDAMENTALS * Spot gold XAU= fell 0.7% to $3,265.45 an ou...
Thu, May 1

Trump struggles to explain weak economic data as he reaches 100-day mark
By Trevor Hunnicutt WASHINGTON, April 30 (Reuters) - President Donald Trump on Wednesday counseled patience, cast blame and claimed victory in the face of a first-quarter U.S. economic contraction and tariffs that have taken a bite out of his popularity, saying a resurgence was around the corner....
Wed, Apr 30

Oil settles lower, posts steepest monthly decline since 2021
Saudi Arabia signals it can live with lower oil pricesUS economy contracts in the first quarterMarket expects further increase in OPEC+ outputBy Nicole Jao NEW YORK, April 30 (Reuters) - Oil prices settled down on Wednesday and recorded the largest monthly drop in almost 3-1/2 years after Saudi A...
Wed, Apr 30

US natgas prices slide 2% on mild weather, lower demand
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 1% below five-year averageBy Scott DiSavino April 30 (Reuters) - U.S. natural gas futures slid about 2% on Wednesday on forecasts for milder weather and lower...
Wed, Apr 30

Snap drops as scrapped forecast stokes ad slowdown fears before Meta earnings
April 30 (Reuters) - Snap SNAP.N shares tumbled more than 15% in premarket trading on Wednesday after the social media company held back its forecast, stoking fears that advertisers were cutting their spending due to tariff-led economic uncertainty.
Wed, Apr 30

Coca-Cola beats results estimates, warns tariffs could hurt sentiment
April 29 (Reuters) - Coca-Cola's KO.N quarterly revenue and profit beat estimates on Tuesday thanks to price hikes and strong demand for its sodas, but the beverage giant warned U.S. tariffs could impact costs and hurt consumer sentiment going ahead.
Wed, Apr 30

AI server makers Dell, HPE fall after Super Micro cuts forecast
Shares of AI server makers fall premarket after Super Micro SMCI.O cuts forecast due to customers delaying purchases. Dell DELL.N down 3.8%, Hewlett Packard Enterprise HPE.N slips 2.2%, SMCI itself tumbles 16.7%. While several big tech firms have reaffirmed AI spending plans, there are worries ...
Wed, Apr 30

Foreign demand for US assets seen waning unless USD slides more, says Goldman Sachs
NEW YORK, April 30 (Reuters) - Foreign investor appetite for U.S. dollar assets may wane unless the currency depreciates further, said Goldman Sachs' chief economist, cautioning that a downward trajectory is expected even in the absence of a meaningful economic slowdown.
Wed, Apr 30

Volkswagen reins in margin hopes as tariffs cloud prospects
Porsche profit warning weighs on Volkswagen guidanceToo soon to factor trade war into outlook, CFO saysHigher battery-electric sales diluted marginsCosts must come down to stay competitive - CFOBy Victoria Waldersee STUTTGART, Germany, April 30 (Reuters) - Volkswagen VOWG.DE said on Wednesday tha...
Wed, Apr 30

Dollar firmer but safe-havens set for stellar monthly rises as tariff worries persist
London, April 30 (Reuters) - The dollar was firmer on Wednesday but remained on track for its weakest monthly performance since November 2022, as perceived safe havens headed for monthly gains amid worries about U.S. trade policies under President Donald Trump.
Wed, Apr 30

European shares rise as traders weigh mixed earnings, trade jitters
April 30 (Reuters) - European shares climbed on Wednesday as investors assessed mixed corporate earnings and awaited key economic data, wrapping up a volatile month dominated by disruptive U.S. trade policy.
Wed, Apr 30

China's factory activity falls sharply as Trump tariffs bite
Official manufacturing PMI falls faster than expectedNon-manufacturing activity growth slowsTrump tariffs call time on producers front-loading shipments By Joe Cash BEIJING, April 30 (Reuters) - China's factory activity contracted at the fastest pace in 16 months in April, a factory survey sh...
Wed, Apr 30

Yields on shorter-dated JGBs slip on bets of BOJ not raising rates soon
TOKYO, April 30 (Reuters) - Yields on Japan's shorter-dated bonds inched down on Wednesday as investors bet the Bank of Japan will not raise its policy rate soon, as worries around tariffs cloud economic outlook.
Wed, Apr 30

UBS 1Q profit tops expectations on tariff-driven volatility in markets
April 30 (Reuters) - Swiss bank UBS UBSG.S on Wednesday posted better than expected first-quarter net profit, helped by stronger earnings in trading driven by market turbulence in the wake of U.S. tariff turmoil, which it said could delay corporate deals.
Wed, Apr 30

Gloomy Tuesday: JOLTS, consumer confidence, home prices, trade gap
Main US indexes rise; Dow, up ~0.7%, leadsMaterials lead S&P 500 sector gainers; Energy weakest groupEuro STOXX 600 index up ~0.4%Dollar ~flat; bitcoin rises; gold off; crude down ~2.5%US 10-Year Treasury yield falls to ~4.17%Welcome to the home for real-time coverage of markets brought to you b...
Wed, Apr 30

Japan's Nikkei rises on trade talk hopes; set for first monthly gain in four
HONG KONG, April 30 (Reuters) - Japan's Nikkei share average rose slightly on Wednesday as investors awaited developments in U.S.-Japan tariff talks, putting the benchmark on track for its first monthly gain since December.
Wed, Apr 30

Amazon in White House crosshairs over report of displaying tariff costs
WASHINGTON, April 29 (Reuters) - Amazon said on Tuesday its low-cost Haul unit had considered listing import charges for goods in light of new U.S. tariffs but denied looking at such a plan for its main website, after the White House accused it of a hostile political act.
Wed, Apr 30

Bessent says no US trade deal is done until Trump announces it
WASHINGTON, April 29 (Reuters) - U.S. Treasury Secretary Scott Bessent on Tuesday declined to confirm the Trump administration has reached a tariff deal with a trading partner country, saying no trade agreement was done until President Donald Trump announces it. "As you know, nothing is done...
Wed, Apr 30

[Reuters Analysis] Why China won't 'weaponize' its U.S. Treasuries stash: McGeever
ORLANDO, Florida, April 30 (Reuters) - China's 'nuclear' option in its financial war with the United States has long been assumed to be rapidly liquidating its outsized Treasury bond holdings, as this could crash the dollar, jack up interest rates and disrupt the U.S. economy.
Wed, Apr 30
