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Lufthansa strikes upbeat tone, but monitoring for US demand weakness
Q1 adjusted operating loss 722 mln euros, broadly as expectedCarried about 25% more passengers from US to Europe in MarchHas set up task force to respond to any weakening in demand By Joanna Plucinska and Rachel More BERLIN, April 29 (Reuters) - German airline Lufthansa LHAG.DE stuck to its 2025 ...Reuters
Tue, Apr 29
Other
Labcorp beats quarterly profit estimate on diagnostic test demand
April 29 (Reuters) - Laboratory operator Labcorp LH.N beat analysts' estimate for first-quarter profit on Tuesday, helped by robust demand for its diagnostic tests.Healthy demand for non-urgent surgeries, especially among older Americans, over the last few quarters has buoyed the demand for diag...Reuters
Tue, Apr 29
Other
SiriusPoint adds AIG's Gibson as international CUO
By Rebecca DelaneyApril 29 - (The Insurer) - SiriusPoint has appointed Eleanor Gibson as international chief underwriting officer, effective from May 6, the company said on Tuesday. In her new role, Gibson will be responsible for providing strategic leadership to the underwriting and portfolio manag...Reuters
Tue, Apr 29
Cryptocurrencies
Mastercard Offers Stablecoin Payments as TradFi Shifts to Crypto; Pumps Presales Like Best Wallet Token
Mastercard unlocked a bold new solution yesterday, as regulatory clarity around crypto improves worldwide. Through end-to-end stablecoin acceptance and payment capabilities, the solution bridges TradFi with DeFi to open new commerce opportunities globally. Also stepping up in this arena isBest Walle...Bitcoinist
Tue, Apr 29
Stocks
President Trump's New Tariff Plan Could Have These Longer-Term Impacts on Social Security
On April 2, during his "Liberation Day" address, President Donald Trump announced a wave of new tariffs that affected U.S. trade relations with more than 180 countries.Trump's plan includes tariffs ranging from as low as 10% (the base rate for all non-Chinese companies) to 125% (for Chinese goods). ...The Motley Fool
Tue, Apr 29
Other
Pfizer misses quarterly sales estimates as COVID treatment revenue falls
April 29 (Reuters) - U.S. drugmaker Pfizer PFE.N reported first-quarter revenue below Wall Street estimates on Tuesday, hurt by a decline in sales of its COVID antiviral treatment, Paxlovid.It reported total revenue of $13.70 billion for the first quarter, compared with analysts' expectations of...Reuters
Tue, Apr 29
Commodities
Ukraine's mining heartlands tell Trump: Don't take advantage of us
Ukrainians urge Trump not to exploit their mineral wealthZelenskiy under pressure to reach equitable deal with U.S.Mineral revenues essential to Kyiv's state budgetPM Shmyhal says deal won't seek to pay for past U.S. aidBy Vladyslav Smilianets and Thomas Peter ZHOVTI VODY, Ukraine, April ...Reuters
Tue, Apr 29
Stocks
McDonald's Stock Analysis: 3 Risks Investors Need to Know
McDonald's (NYSE: MCD) operates a global business that could face pressure as geopolitical tensions rise.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were the afternoon prices of April 23, 202...The Motley Fool
Tue, Apr 29
Stocks
Here's What Tesla Stock Investors Should Know About the Company's Latest Earnings Results
Tesla's (NASDAQ: TSLA) earnings report revealed insights into how the business handles significant challenges in the near term.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »*Stock prices used were the afternoon...The Motley Fool
Tue, Apr 29
Other
Swedish steelmaker SSAB quarterly profit beats expectations
By Marta FrackowiakApril 29 (Reuters) - Swedish steelmaker SSAB SSABa.ST reported a steep fall in first-quarter earnings, but beat analyst expectations as its specialised products helped to offset price weakness and falling demand elsewhere.The location of its facilities, close to customers in both ...Reuters
Tue, Apr 29
Forex
FOREX-Dollar on track for biggest two-month fall in more than two decades
Dollar still weak as investors fret over Sino-U.S. trade warTrump set to reduce the impact of automotive tariffsYen to gain from widening rate gap as central banks cutBy Stefano Rebaudo April 29 (Reuters) - The dollar edged up on Tuesday but was on track for its biggest two-month fall in more...Reuters
Tue, Apr 29
Other
COLUMN-Investors could exit tariff purgatory only to enter capital controls inferno: Klement
By Joachim Klement April 29 - Investors are currently in tariff purgatory, as they anxiously eye the end of the 90-day ceasefire in President Donald Trump global trade war. Tensions have eased in recent days, but if this pause expires with few substantial trade deals, markets could panic again, p...Reuters
Tue, Apr 29
Stocks
UPS rises after Q1 results beat, to cut 20,000 jobs
** Shares of United Parcel Service UPS.N rise 4% to $101 premarket** UPS beat estimates for Q1 profit and revenue, says will cut jobs as it moves to control costs against a tough macroeconomic environment** Co expects to cut workforce by about 20,000 jobs in 2025 and close 73 leased and owned build...Reuters
Tue, Apr 29
Stocks
MORNING BID U.S.-Trade fears ebb, Canada's Carney returns
By Mike Dolan LONDON, April 29 (Reuters) - What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets A calmer mood has pervaded world markets this week, as a torrent of upcoming U.S. economic health reports and corporate updates are ...Reuters
Tue, Apr 29
Stocks
Will This Shocking Expense Deplete Your Retirement Savings?
It's a pretty common thing for people to see their living costs drop in retirement. By the time that stage of life rolls around, you may no longer have a mortgage to pay off. And you may be able to downsize from a two-car household to a single car if you no longer have to report to work every day.Bu...The Motley Fool
Tue, Apr 29
