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Electrolux Adjusts 2025 North America Outlook To 'Neutral To Negative'
April 29 (Reuters) - Electrolux AB ELUXb.ST:Q1 EPS SEK 0.16Q1 REVENUE SEK 32,576 MILLION VERSUS. IBES ESTIMATE SEK 32,103 MILLIONQ1 NET INCOME SEK 42 MILLIONQ1 EBIT SEK 452 MILLIONQ1 ORGANIC GROWTH 7.9%GOING INTO Q2 OF 2025, DEMAND OUTLOOK FOR HOME APPLIANCES IS INCREASINGLY UNCERTAINWE HAVE ADJUSTE...Reuters
Apr 29, 2025
Commodities
Beijing will not engage in market dumping, China's ambassador to India says
MUMBAI, April 29 (Reuters) - China will not dump its goods in other countries due to its trade and tariff war with the U.S., Beijing's ambassador to India, Xu Feihong, wrote in an article on Tuesday, trying to allay fears of cheap Chinese goods flooding other markets.In tit-for-tat tariffs betwe...Reuters
Apr 29, 2025
Other
Lufthansa confirms outlook, braces for possible trade fallout
By Joanna Plucinska and Rachel MoreBERLIN, April 29 (Reuters) - Lufthansa on Tuesday confirmed its guidance for 2025, forecasting an operating result significantly above the year prior, but warned that it was closely monitoring the possible impact of trade tensions with the United States.European ai...Reuters
Apr 29, 2025
Commodities
COLUMN-Asia's LNG demand stays muted in April while Europe eases: Russell
By Clyde RussellLAUNCESTON, Australia, April 29 (Reuters) - Asia's imports of liquefied natural gas (LNG) remained tepid in April while Europe's started to show signs of the usual seasonal easing as winter peak demand passed.Asia, the world's biggest importer of the super-chilled fuel, i...Reuters
Apr 29, 2025
Technical Analysis
USD/CHF Price Forecast: Tests nine-day EMA barrier near 0.8250
The USD/CHF pair halts its three-day losing streak, trading around 0.8240 during the Asian hours on Tuesday. The daily chart analysis indicates a potential bullish shift, as the pair consolidates above the descending channel pattern.
Fxstreet
Apr 29, 2025
Other
Hydro Q1 Adj. EBITDA At NOK 9.52 Bln, Below Estimate
April 29 (Reuters) - Norsk Hydro ASA NHY.OL:Q1 REVENUE NOK 57,094 MILLION VERSUS NOK 57,066 MILLION SEEN IN COMPANY-COMPILED CONSENSUSQ1 ADJUSTED EBITDA NOK 9,516 MILLION VS. ESTIMATE NOK 9,864 MILLIONON TARIFFS: IS CLOSELY MONITORING ECONOMIC UNCERTAINTY AND RISK OF LOWER DEMANDON TARIFFS: REMAINS ...Reuters
Apr 29, 2025
Other
Italy's PM Meloni says not the right time yet for EU-US summit
ROME, April 29 (Reuters) - Italian Prime Minister Giorgia Meloni said in an interview published on Tuesday that "times are not mature yet" for a summit between the European Union and the United States."We are working on it, but it does not depend only on us," she told daily Corriere ...Reuters
Apr 29, 2025
Other
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
Apr 29, 2025
Other
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
Apr 29, 2025
Other
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
Apr 29, 2025
Other
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
Apr 29, 2025
Other
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
Apr 29, 2025
Other
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
Apr 29, 2025
Forex
EUR/USD Price Forecast: Remains capped below 1.0400, bullish bias prevails
The EUR/USD pair attracts some sellers to near 1.0375 during the Asian session on Tuesday. The Euro (EUR) weakens against the Greenback amid rising expectations of further rate cuts from the European Central Bank (ECB) in June and mixed signals on US-China trade relations.
Fxstreet
Apr 29, 2025
Cryptocurrencies
Asian stocks edge higher as major Wall Street indexes remain mostly unchanged
Asian stock markets climbed on Tuesday, extending a calm stretch for investors even as talk of more U.S. tariffs kept worries about global trade in the air. Traders in the region took their cue from Wall Street, where major indexes finished Monday almost unchanged ahead of a heavy week of earnings reports and economic figures […]Cryptopolitan
Apr 29, 2025
Commodities
TECHNICALS-CBOT soybeans neutral in $10.54-1/4 to $10.65 range
For more technical analyses, please click SINGAPORE, April 29 (Reuters) - The CBOT soybean July contract SN25 looks neutral in a range of $10.54-1/4 to $10.65 per bushel, and an escape could suggest a direction.The range is formed by the 23.6% and the 38.2% projection levels of a presumed wave c fro...Reuters
Apr 29, 2025
Other
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
Apr 29, 2025
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