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Embraer reaffirms 2025 outlook, says US tariffs have 'limited impact'
First-quarter net revenues highest for the period since 2016Earnings per share fall short of estimatesShare price falls around 1%By Gabriel Araujo SAO JOSE DOS CAMPOS, Brazil, May 6 (Reuters) - Brazilian planemaker Embraer EMBR3.SA reaffirmed its full-year delivery and financial outlook on Tuesda...Reuters
Tue, May 6
Global debt hits record of over $324 trillion, banking trade group says
China, France, Germany drive global debt increase, IIF reportsEmerging markets face record $7 trillion in bond, loan redemptionsUS debt levels raise concerns over yields, inflation riskBy Rodrigo CamposNEW YORK, May 6 (Reuters) - Global debt rose by around $7.5 trillion in the first three months of ...Reuters
Tue, May 6
Enerflex Ltd expected to post earnings of 14 cents a share - Earnings Preview
Enerflex Ltd EFX.TO is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Calgary Alberta-based company is expected to report a 9.7% decrease in revenue to $576.325 million from $638 million a year ago, according to the mean estima...Reuters
Tue, May 6
Enerflex Ltd expected to post earnings of 7 cents a share - Earnings Preview
Enerflex Ltd EFX.TO is expected to report resultson May 8 for the period ending March 31 2025The Calgary Alberta-based company is expected to report revenue of $533 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst estimate for Enerflex Ltd is for ear...Reuters
Tue, May 6
Bessent says US could announce trade deals with some countries this week
WASHINGTON, May 6 (Reuters) - U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration could announce trade agreements with some of the United States' largest trade partners as early as this week, but gave no details on which countries were involved.He said the administrati...Reuters
Tue, May 6
Euronext rebrands ESG in drive to help European defence firms
Euronext unveils plan to help European defence investmentAnnouncements align with EU plan to increase defence spendingAnalyst doubts immediate impact on defence IPOs, valuations By Alban Kacher May 6 (Reuters) - European exchange operator Euronext ENX.PA on Tuesday announced a series of measures ...Reuters
Tue, May 6
Dual North America increases surety program capacity with Axis
By David BullMay 6 - (The Insurer) - MGA platform Dual North America has secured additional capacity from AM Best A-rated Axis Insurance Company to increase its surety program capacity to $100 million for a single project and $200 million of aggregate limit.In a statement, Howden-owned Dual North Am...Reuters
Tue, May 6
Bessent says $2 billion was cut from IRS technology budget without disruptions
WASHINGTON, May 6 (Reuters) - U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration has cut $2 billion from the IRS information technology budget without any operational disruptions and intends to save hundreds of millions more by automating processing of paper forms."La...Reuters
Tue, May 6
Russia says chance of peace in Ukraine would be delayed if West gives Kyiv more Patriot missiles
MOSCOW, May 6 (Reuters) - Maria Zakharova, a spokeswoman for the Russian Foreign Ministry, said on Tuesday that the chances of reaching a peaceful settlement in Ukraine would be pushed back if the West continues to supply weapons to Kyiv. She made the comments after being asked about a Reuters repor...Reuters
Tue, May 6
Burger King must face lawsuit over Whopper ads
By Jonathan Stempel May 6 (Reuters) - Burger King must face a lawsuit claiming it misleads customers with advertisements that make its Whopper sandwich and other products appear larger than they are.In a decision on Monday, U.S. District Judge Roy Altman in Miami found it plausible that "some...Reuters
Tue, May 6
DIARY-Political and General News Events from May 6
May 6 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ----------...Reuters
Tue, May 6
South Korea, US foreign ministers discuss economic cooperation, Seoul says
SEOUL, May 6 (Reuters) - South Korea's Foreign Minister Cho Tae-yul and U.S. Secretary of State Marco Rubio spoke on the phone on Tuesday and discussed economic cooperation and the two countries' alliance, Seoul's foreign ministry said.Cho asked for the alliance and the free trade agreem...Reuters
Tue, May 6
Lamar Advertising Co expected to post earnings of $1.37 a share - Earnings Preview
Lamar Advertising Co LAMR.OQ LAMR.O is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Baton Rouge Louisiana-based company is expected to report a 2.1% increase in revenue to $508.789 million from $498.15 million a year ago, acco...Reuters
Tue, May 6
Saga Communications Inc expected to post a loss of 33 cents a share - Earnings Preview
Saga Communications Inc SGA.OQ SGA.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Grosse Pointe Farms Michigan-based company is expected to report a 6.7% decrease in revenue to $23 million from $24.66 million a year ago, ac...Reuters
Tue, May 6
Merz elected German chancellor after initial shock defeat
BERLIN, May 6 (Reuters) - German conservative leader Friedrich Merz was elected chancellor by parliament on Tuesday in a second round of voting after his new alliance with the centre-left Social Democrats was dealt a surprise defeat in the first attempt.Merz's failure to win parliamentary backin...Reuters
Tue, May 6
Owens & Minor Inc expected to post earnings of 20 cents a share - Earnings Preview
Owens & Minor Inc OMI.N, OMI is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Glen Allen Virginia-based company is expected to report a 1.8% increase in revenue to $2.658 billion from $2.61 billion a year ago, according to ...Reuters
Tue, May 6
Aon names Lyons as Bermuda reinsurance CEO
By Rebecca DelaneyMay 6 - (The Insurer) - Aon has appointed Amanda Lyons as CEO of its Reinsurance Solutions unit in Bermuda, the company announced on Tuesday.The appointment is effective July 1 and subject to regulatory and immigration approvals.Based in Bermuda, in her new role Lyons will be respo...Reuters
Tue, May 6
Claritev Corp expected to post a loss of $3.09 a share - Earnings Preview
Claritev Corp CTEV.N, CTEV.K is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Mclean Virginia-based company is expected to report a 5.1% decrease in revenue to $222.657 million from $234.51 million a year ago, according to the ...Reuters
Tue, May 6
MDA Space Ltd expected to post earnings of 23 cents a share - Earnings Preview
MDA Space Ltd MDA.TO is expected to show a rise in quarterly revenue when it reports results on May 8 for the period ending March 31 2025The Toronto Ontario-based company is expected to report a 55.5% increase in revenue to C$325.192 million from C$209.1 million a year ago, according to the mean ...Reuters
Tue, May 6
