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EU Negotiator Says 'still Some Way to Go' on US Trade Deal Under Threat of Higher Auto Tariffs
European lawmakers and governments are making good progress in negotiations to finalise a deal scrapping duties on U.S. imports but "there is still some way to go", the European Parliament's chief negotiator Bernd Lange said on Thursday.Reuters
Thu, May 7
Canada's Helios Fairfax Partners Q1 profit jumps on gains from Seven Rivers, Trone
OverviewCanada investment holding firm's Q1 net profit rose sharply yr/yr to $6.3 mlnBook value per share grew 1% to $4.27, fifth straight quarterly increaseCompany began consolidating Helios asset management business, generating $5.9 mln in management feesOutlookCompany did not provide financia...Reuters
Thu, May 7
Trump predicts Iran war will be over quickly
WASHINGTON, May 6 (Reuters) - U.S. President Donald Trump predicted on Wednesday night that the war in Iran will be over quickly, as he seeks a deal to end the stalemate over the Strait of Hormuz and Tehran's nuclear program."When you look at the kind of things that are happening, we are doi...Reuters
Wed, May 6
Canada's CareRx Q1 revenue and adjusted EBITDA rise
OverviewCanada pharmacy services provider's Q1 revenue and adjusted EBITDA rose yr/yr but missed analyst expectationsCompany serviced more beds and improved adjusted EBITDA margin in Q1OutlookCareRx estimates up to C$2 mln reduction in 2026 capitation fees from funding changesCompany says financ...Reuters
Wed, May 6
European Union trade committee chair says deal with US still needs work
May 7 (Reuters) - European Union lawmakers are making progress toward an agreement on legislation underpinning the EU-U.S. trade agreement, but "there is still some way to go," the EU parliament's trade committee chair Bernd Lange said on Wednesday.Lange said a second round of talks with...Reuters
Wed, May 6
South Korea minister sees US investment plan announced after June, Newsis reports
SEOUL, May 7 (Reuters) - South Korean Industry Minister Kim Jung-kwan told reporters that the country's plan to invest in the U.S. under a trade deal is likely to be announced after June, given the timing of a special bill on the plan, Newsis reported on Thursday.Reuters
Wed, May 6
Arm forecasts higher-than-expected revenue on surging AI data center demand
Arm forecasts Q1 adjusted EPS of 40 cents vs estimated 36 centsArm's chip designs favored for energy efficiency in AI data centersShares have surged over 91% in 2026, as of Tuesday close May 6 (Reuters) - Arm Holdings O9Ty.F, ARM.O forecast first-quarter revenue above Wall Street expectat...Reuters
Wed, May 6
Quantum computing firm IonQ raises annual revenue forecast
May 6 (Reuters) - IonQ IONQ.N raised its annual revenue forecast on Wednesday, betting on growing demand from clients for its quantum computing platform.The shares of the company, however, fell around 6% in extended trading."IONQ had high expectations going into the print today, especially given...Reuters
Wed, May 6
Canada's GO Residential REIT Q1 revenue and FFO per Unit exceed forecast
OverviewCanada luxury apartment REIT's Q1 adjusted revenue and FFO per Unit exceeded internal forecastCompany agreed to acquire five New York properties, doubling building count and adding 1,019 suitesCommitted occupancy reached 99.0% at quarter-end, highlighting strong portfolio demandOutlookCo...Reuters
Wed, May 6
Trump administration can keep 2020 election ballots seized from Georgia election center, judge rules
By Andrew Goudsward WASHINGTON, May 6(Reuters) - A U.S. judge on Wednesday ruled that the U.S. Justice Department can keep possession of 2020 election ballots seized during an FBI search in January, a victory for President Donald Trump's administration as it pursues the president's false ...Reuters
Wed, May 6
Denarius Metals Says Co Rescinds Proposal To Acquire Emerita Resources
May 6 (Reuters) - Denarius Metals Corp DMET.NLB:DENARIUS METALS RESCINDS PROPOSAL TO ACQUIRE EMERITA RESOURCESDENARIUS METALS CORP - NO LONGER INTENDS TO PURSUE ITS OFFER TO ENTER INTO DISCUSSIONS WITH EMERITA RESOURCES CORPDENARIUS METALS: EMERITA HAS FAILED TO ENGAGE IN ANY SUBSTANTIVE DISCUSSION...Reuters
Wed, May 6
Trump administration sues Colorado over firearm ammunition magazine limit
Colorado banned magazines holding more than 15 rounds in 2013US Justice Department says restriction violates Second AmendmentLawsuit cites Supreme Court ruling on guns in lawful common useLarge-capacity ban enacted after Aurora movie theater shootingBy Steve GormanMay 6 (Reuters) - The Trump adminis...Reuters
Wed, May 6
RGC Resources Q2 earnings rise on higher operating margins
OverviewUS energy provider's Q2 net income and EPS rose yr/yr on higher operating marginsQ2 operating revenue and operating income increased from prior yearHigher interim base rates and MVP pipeline earnings offset increased expenses and depreciationOutlookCompany expects inflationary pressures ...Reuters
Wed, May 6
Soccer-Toronto World Cup tickets can only be resold for face value on FIFA marketplace
TORONTO, May 6 (Reuters) - Tickets to World Cup matches in Toronto can now only be resold for their original price on FIFA's official marketplace, with soccer's world governing body updating its policy on Wednesday to comply with the Ontario government's recent ban on reselling event ti...Reuters
Wed, May 6
Nutrien posts higher profit as prices rise, flags tight nitrogen supply
May 6 (Reuters) - Canada's Nutrien NTR.TO reported a rise in first-quarter profit on Wednesday, benefiting from higher sales and prices across its fertilizer segments, with the world's top potash producer also flagging tighter nitrogen market conditions going forward.Fertilizer prices rose d...Reuters
Wed, May 6
AirAsia ready to buy 150 larger versions of Airbus A220 jet it ordered
Airbus to decide this year whether to make larger A220 jetAirbus seeks to ramp up A220 output to break even on programAirbus exec said airline reaction is positive to A220-500 By Allison Lampert MIRABEL, Quebec, May 6 (Reuters) - Malaysian budget carrier AirAsia AIRX.KL announced on Wednesday...Reuters
Wed, May 6
First National Bank Alaska Q1 profit rises on higher net interest margin
OverviewAlaska community bank's Q1 net income and EPS rose yr/yr on higher net interest marginCompany's assets and loans grew, supported by strong deposit growth and retained earningsNoninterest expenses rose 10% due to higher salaries, headcount, and healthcare costsOutlookCompany did not p...Reuters
Wed, May 6
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