News
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Electrolux Q1 profit lags expectations as tariffs loom
STOCKHOLM, April 29 (Reuters) - Swedish appliances maker Electrolux ELUXb.ST reported on Tuesday a smaller first-quarter operating profit than expected and lowered its North America market outlook, saying consumer sentiment was negatively impacted by U.S. trade policy developments.Reuters
Tue, Apr 29
Russia's drone attack kills 12-year-old girl in Dnipropetrovsk region, Ukraine says
April 29 (Reuters) - Russia's overnight drone attack killed a 12-year-old girl in the Dnipropetrovsk region and injured her parents, Ukraine's emergency service said on Tuesday. Another child was rescued from underneath the rubble, the emergency service said in a post on social media.Reuters
Tue, Apr 29
Volvo Cars launches $1.9 bln cost cuts as Q1 profits fall
STOCKHOLM, April 29 (Reuters) - Sweden-based Volvo Cars VOLCARb.ST launched a cost-cutting plan totalling 18 billion Swedish crowns ($1.87 billion) as its operating profit fell heavily on Tuesday amid difficult market conditions for the automotive industry. ($1 = 9.6170 Swedish crowns)Reuters
Tue, Apr 29
Chinese airlines and Boeing severely hit by tariffs, Beijing says
BEIJING, April 29 (Reuters) - Chinese airlines and Boeing BA.N have been severely affected by U.S.-imposed tariffs, China's commerce ministry said on Tuesday, saying it hopes Washington will listen to companies' concerns and create a stable trade environment. The statement is Beijing's f...Reuters
Tue, Apr 29
Deutsche Bank posts 39% rise in first-quarter profit
FRANKFURT, April 29 (Reuters) - Deutsche Bank DBKGn.DE on Tuesday posted a 39% rise in first-quarter profit after its global investment banking division generated a big increase in revenue in bond and currency trading during volatile markets.Deutsche, Germany's largest lender, recorded net profi...Reuters
Tue, Apr 29
Lufthansa reports Q1 loss as forecast, braces for possible trade fallout
BERLIN, April 29 (Reuters) - Lufthansa on Tuesday reported a first-quarter loss in line with expectations as it faces growing investor concern over knock-on effects to consumer spending and demand from U.S. President Donald Trump's tariff threats.During the first three months of 2025, the German...Reuters
Tue, Apr 29
American Airlines ends JetBlue talks, sues over collapsed alliance
April 28 (Reuters) - American Airlines AAL.O has ended partnership talks with carrier JetBlue Airways JBLU.O and filed a lawsuit seeking damages after the collapse of the Northeast Alliance (NEA), Vice Chair Steve Johnson said in a letter to employees on Monday.American Airlines had been in talks wi...Reuters
Tue, Apr 29
Russia says it downs 91 Ukrainian drones overnight
April 28 (Reuters) - Russia's air defence units destroyed 91 Ukrainian drones overnight, with 40 of them downed over the Kursk region that borders Ukraine, Russia's defence ministry said on Tuesday. Two of the drones were downed over the Moscow region, while the rest were destroyed over ...Reuters
Tue, Apr 29
BREAKINGVIEWS-What Trump’s tariff tantrum will do to world trade: podcast
By Peter Thal Larsen LONDON, April 29 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast. The White House is negotiating with trading partners while US-China commerce seizes up. In this episode of The Big Vi...Reuters
Tue, Apr 29
From bombs to Starbucks, US veteran remembers end of Vietnam War 50 years on
Vietnam celebrates 50th anniversary of reunification on April 30Joy and fear as Saigon fell, US veteran recalls end of war Former foes are now close but Hanoi risks crippling US dutiesBy Minh Nguyen and Francesco Guarascio HO CHI MINH CITY/HANOI, April 29 (Reuters) - As a young U.S. intelligence ...Reuters
Tue, Apr 29
China says its airlines and Boeing have been severely affected by tariffs
BEIJING, April 29 (Reuters) - Chinese airlines and Boeing BA.N have been severely impacted by U.S.-imposed tariffs, disrupting regular trade and investment activities of many businesses, the Chinese commerce ministry said in a statement on Tuesday.The ministry's remarks came in response to media...Reuters
Tue, Apr 29
PRESS DIGEST-British Business - April 29
April 29 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Alex Mahon, the boss of Channel 4 is leaving her post this summer as the broadcaster prepares to install a new ...Reuters
Tue, Apr 29
FBI starts using polygraph tests in internal leak investigations
April 28 (Reuters) - The U.S. Federal Bureau of Investigation (FBI) has started using polygraph tests to aid investigations aimed at identifying the source of leaks emanating from within the law enforcement agency."We can confirm the FBI has begun administering polygraph tests to identify the so...Reuters
Tue, Apr 29
REFILE-American Airlines sues JetBlue, scraps partnership talks
April 28 (Reuters) - American Airlines AAL.O said on Monday it has ended partnership talks with JetBlue JBLU.O over disagreements and has sued the carrier to recover money owed to it following the unwinding of the Northeast Alliance.Reuters
Tue, Apr 29
US probes Harvard and its law review for 'race-based discrimination'
Probe targets whether Harvard Law Review article selection influenced by raceHarvard lawsuit challenges $2.3 billion federal funding freezeTrump administration scrutinizes Harvard's diversity and antisemitism policiesBy Nate Raymond, Jack Queen and Kanishka Singh BOSTON, April 28 (Reuters) - ...Reuters
Tue, Apr 29
European approval for China's C919 plane needs 3-6 years, regulator says
SEOUL, April 29 (Reuters) - Europe's aviation regulator needs between three and six years to certify Chinese planemaker COMAC's C919 single-aisle commercial jet, the agency's executive director told a French publication on Monday.The C919 - designed to compete with best-selling narrow-bo...Reuters
Tue, Apr 29
