News
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Commodities
Cheap fuel, strong revenues: Air France-KLM dodges Q1 tariff uncertainty
By Joanna PlucinskaLONDON, April 30 (Reuters) - Franco-Dutch airline group Air France-KLM AIRF.PA on Wednesday reported better than expected results as it saw strong revenues and a drop in jet fuel costs, despite worries about the knock-on impact from U.S. President Donald Trump's tariff threats...Reuters
Wed, Apr 30
Technical Analysis
Uniswap sell-off looms as whales move 19M UNI to Coinbase Prime
Uniswap (UNI) price extends gains by more than 1% to $5.35 at the time of writing on Wednesday. The uptick in UNI’s price comes amid heightened whale activity, with previously dormant addresses linked to the project making significant transfers to Coinbase Prime.
Fxstreet
Wed, Apr 30
Stocks
LIVE MARKETS-Data deluge rounds off turbulent April
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com DATA DELUGE ROUNDS OFF TURBULENT APRIL There will be a raft of data for investors to pore over on Wednesday as they wind down a ro...Reuters
Wed, Apr 30
Cryptocurrencies
South Korean officials to discuss trade deals with the U.S. in Washington today
A team from South Korea’s Industry Ministry will leave for Washington on Wednesday, aiming for potential trade deals and to slow the impact of tariffs on Korean firms. The delegation plans “technical discussions” with staff at the office of the United States Trade Representative. Their goal is to win exemptions, or at least softer terms, […]Cryptopolitan
Wed, Apr 30
Other
Saudi Arabia's PIF starts selling 7-year sukuk, document shows
April 30 (Reuters) - Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has begun accepting bids for the sale of benchmark-sized, dollar-denominated 7-year Islamic bonds, or sukuk, according to an arranging bank document seen by Reuters on Wednesday.The indicative price for ...Reuters
Wed, Apr 30
Stocks
GLOBAL MARKETS-Shares dither, oil slides as tariffs fan growth worries
Concerns over global growth outlook undermine market moodOil tumbles more than 1%China's factory activity falls sharply as Trump tariffs biteDollar set for worst month in over two yearsBy Rae Wee SINGAPORE, April 30 (Reuters) - Shares struggled for direction on Wednesday and oil prices slid a...Reuters
Wed, Apr 30
Other
German logistics group DHL posts higher earnings in Q1 but cautious on trade
BERLIN, April 30 (Reuters) - German logistics company DHL DHLn.DE on Wednesday posted higher sales and earnings in the first quarter, a period dominated by tensions over U.S. import tariffs that could both help and hinder the group's bottom line. Group revenues increased by 2.8% year on year t...Reuters
Wed, Apr 30
Cryptocurrencies
BNB Price Coils at Support — Bounce Looks Ready to Launch
BNB price is consolidating above the $595 support zone. The price is now consolidating near $600 and might aim for more gains in the near term. BNB price is attempting to recover from the $600 support zone. The price is now trading near $602 and the 100-hourly simple moving average. There is a key r...NewsBTC
Wed, Apr 30
Commodities
CORRECTED-Shanghai copper set to surge on dwindling stocks, traders say
SHANGHAI, April 30 (Reuters) - Copper inventories on the Shanghai Futures Exchange (ShFE) are expected to decline again this week, continuing the sharp drop and potentially triggering a price surge, according to four traders.The surge in the prices of ShFE copper, a key metal for China's vast ma...Reuters
Wed, Apr 30
Other
PRESS DIGEST-British Business - April 30
April 30 (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- Mobico MCG.L, the parent of National Express, said CEO Ignacio Garat, is leaving after the company reported 793 ...Reuters
Wed, Apr 30
Other
'Never kneel': China taps Korean War and AI memes to hit back at Trump
China says "Won't kneel" to US tariffs in propaganda videoLikens yielding to Trump's tariffs to "drinking poison"Chinese internet uses sharing tariff memes on social mediaMessaging conveys yielding risks weakening China, Chinese official saysBy Joe Cash BEIJING, April 30 (...Reuters
Wed, Apr 30
Other
Aixtron Q1 orders up 10%, EBIT down
By Ozan Ergenay April 30 (Reuters) - German chip systems manufacturer Aixtron AIXGn.DE on Wednesday reported a 10% increase in quarterly orders and confirmed its full-year guidance, saying the risks associated with the U.S. tariffs policy were "currently insignificant for the sector".The...Reuters
Wed, Apr 30
Economic Indicator
EUR/USD flat lines below 1.1400 mark ahead of Eurozone/US macro data
The EUR/USD pair recovers a few pips from the vicinity of the mix-1.1300s, or the Asian session low, though it lacks any follow-through amid a modest US Dollar (USD) uptick. Spot prices currently trade around the 1.1375 area and remain confined in a familiar range held over the past week or so.
Fxstreet
Wed, Apr 30
Economic Indicator
GBP/USD breaks below 1.3400 due to stronger US Dollar, BoE rate cut expectations
GBP/USD extends its decline for a second straight session, hovering near 1.3390 during Wednesday’s Asian trading. The pair is under pressure as the US Dollar strengthens on renewed optimism surrounding US-China trade developments.
Fxstreet
Wed, Apr 30
Forex
USD/CHF softens to near 0.6400 amid tariff uncertainty
The USD/CHF pair posts modest losses around 0.6410 during the early European session on Wednesday. The uncertainty surrounding trade policy continues to boost the safe-haven flows, supporting the Swiss Franc (CHF). The Swiss KOF Leading Indicator for April is due later on Wednesday.
Fxstreet
Wed, Apr 30
Other
Volkswagen says trade tensions, EV costs to weigh on profits
STUTTGART, Germany, April 30 (Reuters) - Volkswagen VOWG.DE expects its operative profit, net cash flow and net liquidity to land at the bottom end of annual forecasts, it said on Wednesday, citing growing trade barriers, rising competition and emissions regulations.Battery-electric car sales, which...Reuters
Wed, Apr 30
Other
Remy Cointreau's U.S. sales back to growth in Q4, China stays weak
PARIS, April 30 (Reuters) - French spirits group Remy Cointreau RCOP.PA reported a steeper-than-expected drop in fourth quarter revenue, as cognac sales in China remained weak while they returned to growth in the United States.The maker of Remy Martin cognac and Cointreau liqueur, which is implemen...Reuters
Wed, Apr 30
Forex
FOREX-Dollar steady but vulnerable as tariff worries take hold
Dollar lifts slightly after latest Trump tariff back-trackEuro set for strongest monthly performance since November 2022Yen steady ahead of BOJ policy decision Investors await US advance GDP data By Ankur Banerjee SINGAPORE, April 30 (Reuters) - The U.S. dollar inched higher on Wednesday but was ...Reuters
Wed, Apr 30
Other
Sensor maker ams OSRAM reports first quarter earnings above expectations
April 30 (Reuters) - Austrian sensor maker ams OSRAM AMS2.VI on Wednesday reported first-quarter core earnings ahead of market expectations, saying it successfully mitigated the primary costs of U.S. tariffs. Earnings before interest, tax, depreciation and amortization (EBITDA) rose to 135 millio...Reuters
Wed, Apr 30
Other
Samsung says trade turmoil raises chip business volatilities, may hit phone demand
Samsung's Q1 operating profit rises 1.2% to 6.7 trillion won Stockpiling of chips and phones ahead of U.S. tariffs helps lift earnings - analystsSamsung's mobile business profit 4.3 trillion won, highest in 4 years Chip profit down 42% to 1.1 trillion won By Hyunjoo Jin, Heekyong Yang and Jo...Reuters
Wed, Apr 30
