News
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Barcode scanner maker Zebra Tech expects up to $30 million tariff impact on Q2 profit
April 29 (Reuters) - Zebra Technologies ZBRA.O on Tuesday projected lower-than-expected second-quarter profit, anticipating a quarterly impact of $25 million to $30 million from tariffs imposed by the Trump administration.The barcode scanner maker became the latest firm to highlight pressure from U....Reuters
Tue, Apr 29
Unions, cities, nonprofits sue to block Trump workforce cuts
Largest challenge to Trump, DOGE bid to shrink governmentTrump said cuts needed to eliminate bloat, wasteJustice Department not immediately available to commentBy Jonathan Stempel April 29 (Reuters) - A coalition of more than two dozen labor unions, cities and nonprofits sued President Donald Tru...Reuters
Tue, Apr 29
Carney aims for global leadership role against Trump after Canada election win
Carney's global experience boosts international credibility, experts sayPM seen expanding trade with Europe, Australia, Asian democraciesTrump factor moving support in Australia election, pollster saysWin not seen as likely template for center-left politicians globallyBy Rod Nickel OTTAWA, Ap...Reuters
Tue, Apr 29
Honeywell CEO Says Determine A Tax Free Spin Of Aerospace Will Be Most Efficient Way To Separate Our Automation And Aerospace Businesses - Conf. Call
April 29 (Reuters) - Honeywell International Inc HON.O:HONEYWELL CEO: DETERMINE A TAX FREE SPIN OF HONEYWELL AEROSPACE WILL BE MOST EFFICIENT WAY TO SEPARATE OUR AUTOMATION AND AEROSPACE BUSINESSES - CONF. CALLHONEYWELL CEO: APPROXIMATE 2025 TARIFF EXPOSURE IS ABOUT $500 MILLION BEFORE TAKING ANY MI...Reuters
Tue, Apr 29
Kraft Heinz lowers annual forecasts on muted demand, tariff volatility
By Savyata Mishra April 29 (Reuters) - Kraft Heinz KHC.O 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 f...Reuters
Tue, Apr 29
Decathlon plans to sell 30% stake in China business, Bloomberg News reports
April 29 (Reuters) - French sporting goods retailer Decathlon has started a process to sell about 30% stake in its China business, with a deal potentially valuing the unit at about $1 billion or more, Bloomberg News reported on Tuesday.The company is working with an adviser and has attracted initial...Reuters
Tue, Apr 29
Canada's opposition leader Poilievre loses his seat in federal election
By Promit Mukherjee OTTAWA, April 29 (Reuters) - Canada's main opposition leader Pierre Poilievre lost his seat in Monday's general election, results from Elections Canada showed, as the Conservatives were beaten by the incumbent Liberal Party. Poilievre, 45, failed to retain his seat in ...Reuters
Tue, Apr 29
Brazil's Lula says Mercosur, Canada should advance in trade deal talks
SAO PAULO, April 29 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Tuesday he is interested in advancing talks for a trade deal between South America's Mercosur bloc and Canada in order to "diversify and expand our exchange".Lula in a post on X congratulated Canadian P...Reuters
Tue, Apr 29
Engine Capital pushes Lyft to explore strategic options, possible sale
April 29 (Reuters) - Activist investment firm Engine Capital pushed ride-sharing platform Lyft LYFT.O on Tuesday to consider strategic alternatives, including a sale, amid a proxy battle.The investor, which owns about 1% of Lyft, also called for governance and capital allocation reforms at the compa...Reuters
Tue, Apr 29
Abu Dhabi's ADQ tightens guidance for dual-tranche bond, document shows
April 29 (Reuters) - Abu Dhabi's sovereign wealth fund, Abu Dhabi Developmental Holding (ADQ), has narrowed the price guidance for its dual-tranche bond after receiving over $6 billion in orders, according to a document seen by Reuters on Tuesday.The price guidance for the five-year tranche has ...Reuters
Tue, Apr 29
Northern Re unveils $100 million capital raise, eyes $500 million GWP in 2025
By Rebecca DelaneyApril 29 - (The Insurer) - Collateralised reinsurer Northern Re has secured an additional $100 million in committed capital from new and existing institutional investors, the company said on Tuesday.The latest capital raise takes Northern Re's total capitalisation to $175 milli...Reuters
Tue, Apr 29
California Water Service Group expected to post earnings of 15 cents a share - Earnings Preview
California Water Service Group CWT.N, CWT is expected to show a fall in quarterly revenue when it reports results on May 1 for the period ending March 31 2025The San Jose California-based company is expected to report a 20.4% decrease in revenue to $215.437 million from $270.75 million a year ago,...Reuters
Tue, Apr 29
Arqit, In Collaboration With Equus And Intel, Demonstrates A World-First Quantum-Safe Csfc-Compliant Macp Architecture For Classified Mobile Communications
April 29 (Reuters) - Arqit Quantum Inc ARQQ.O:ARQIT, IN COLLABORATION WITH EQUUS AND INTEL, DEMONSTRATES A WORLD-FIRST QUANTUM-SAFE CSFC-COMPLIANT MACP ARCHITECTURE FOR CLASSIFIED MOBILE COMMUNICATIONSReuters
Tue, Apr 29
Safe & Green Holdings Announces New Contract Between Subsidiary SG Echo And Troy Vines
April 29 (Reuters) - Safe & Green Holdings Corp SGBX.O:SAFE & GREEN HOLDINGS CORP. ANNOUNCES NEW CONTRACT BETWEEN SUBSIDIARY SG ECHO AND TROY VINESSAFE & GREEN HOLDINGS CORP - SG ECHO TO REBUILD TROY VINES' OVERHEAD BIN SYSTEM IN ODESSAReuters
Tue, Apr 29
Laureate Education Inc expected to post a loss of 14 cents a share - Earnings Preview
Laureate Education Inc LAUR.OQ LAUR.O is expected to show a fall in quarterly revenue when it reports results on May 1 for the period ending March 31 2025The Miami Florida-based company is expected to report a 18.3% decrease in revenue to $225 million from $275.4 million a year ago, according to t...Reuters
Tue, Apr 29
