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Beermaker Modelo to invest $3.6 billion in Mexico through 2027
MEXICO CITY, April 24 (Reuters) - Mexican brewer Grupo Modelo will invest more than $3.6 billion in Mexico from 2025 to 2027, a top executive for the firm said on Thursday.The funds will go toward renovating plants, recycling initiatives and working with local producers, said Raul Escalante, vice pr...Reuters
Apr 24, 2025
Other
Lockmaker Allegion tops quarterly estimates on robust demand for security products
April 24 (Reuters) - Allegion ALLE.N beat Wall Street estimates for first-quarter profit and revenue on Thursday, driven by resilient demand for its products including electronic locks and security doors.The Dublin-based lockmaker's shares were up 9.2% following the results.The company reaffirme...Reuters
Apr 24, 2025
Other
Pakistan closes air space for Indian airlines, warns against water treaty violation as ties plummet
Pakistan closes airspace, suspends trade with IndiaIndia suspends Indus Waters Treaty, Pakistan calls it act of warModi vows to punish Kashmir attackers, diplomatic tensions risePakistan's bonds drop over 4 cents amid escalating tensionsBy Asif Shahzad, Ariba Shahid and Fayaz Bukhari ISLAMABA...Reuters
Apr 24, 2025
Other
South Africa says Ukraine peace talks should have no preconditions
By Nellie Peyton PRETORIA, April 24 (Reuters) - South African President Cyril Ramaphosa said during a visit by Volodymyr Zelenskiy on Thursday that peace talks between Kyiv and Moscow should start without preconditions such as Ukraine ceding land to Russia.U.S. President Donald Trump criticised ...Reuters
Apr 24, 2025
Stocks
Toymaker Hasbro's first-quarter results beat on gaming unit strength
Maintains annual forecasts amid tariff uncertaintiesFirst-quarter digital gaming revenue jumps 46%Reports 25.1% adjusted operating marginBy Anuja Bharat MistryApril 24 (Reuters) - Hasbro's HAS.O quarterly results beat Wall Street estimates on Thursday, helped by strength in the company's gam...Reuters
Apr 24, 2025
Commodities
COLUMN-As China nears peak aluminium production, what next?: Andy Home
Chinese production accounts for 60% of global outputNew smelters are being offset by closures of old capacityNew smelters are powered by cleaner fuelBy Andy Home LONDON, April 24 (Reuters) - China's aluminum production juggernaut is finally running out of road as the country's output appr...Reuters
Apr 24, 2025
Cryptocurrencies
Best Crypto To Buy Now To Double Your Portfolio By June | Altcoin Season Starts Now
The cryptocurrency market is in a state of flux as many risk-averse investors seek to secure profits. Daring investors, on the other hand, are looking to benefit from the potential price rally in the upcoming altcoin season. With the unpredictability in the market, one thing is certain: the best crypto to buy now are projects […]Cryptopolitan
Apr 24, 2025
Stocks
Is IonQ Stock a Buy?
New technologies can be exciting for investors. Artificial intelligence. Electric vehicles. The list goes on. Now, we have a new theme emerging: quantum computing. Stocks such as IonQ (NYSE: IONQ) have soared in recent quarters due to the enormous potential of this technology, which could bring a ge...The Motley Fool
Apr 24, 2025
Stocks
PepsiCo cuts annual profit forecast as tariffs set to drive up costs
CEO Laguarta warns of increased supply chain costs from tariffs PepsiCo plans to adjust sourcing to mitigate higher costsOrganic volumes decline 2% as promotions fail to boost demandSpeed up transition to natural ingredients after RFK Jr's push By Ananya Mariam Rajesh April 24 (Reuters) - Pep...Reuters
Apr 24, 2025
Stocks
Integer Holdings Corp reports results for the quarter ended March 31 - Earnings Summary
Integer Holdings Corp ITGR.N reported quarterly adjusted earnings of $1.31 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.14. The mean expectation of nine analysts for the quarter was for earnings of $1.24 per share. Wall Stre...Reuters
Apr 24, 2025
Other
Ukraine fails to reach restructuring deal with GDP-linked debt holders
Debt holders said Kyiv's plan had 'no prospect of approval'Ukraine says it could not accept debt holders' counterproposalBoth sides prepared to keep talking By Marc Jones LONDON, April 24 (Reuters) - Ukraine's government said on Thursday it had not been able to agree to a deal...Reuters
Apr 24, 2025
Other
Morgan Stanley to sell final $1.2 billion of X debt, Bloomberg News reports
April 24 (Reuters) - Morgan Stanley MS.N has launched a sale of the last $1.23 billion worth of debt tied to Elon Musk's $44 billion buyout of social media platform Twitter, now called X, Bloomberg News reported on Thursday, citing a person familiar with the matter.Musk's close relationship ...Reuters
Apr 24, 2025
Stocks
Comcast slips on bigger broadband subscriber loss in Q1
** Shares of media and telecom major Comcast CMCSA.O fall 5% to $32.7** CMCSA lost 199,000 broadband customers in Q1, higher than FactSet estimates of a 146,100 loss** Co said in post-earnings call that broadband competitive environment remains intense with wireless carriers marketing their plans ag...Reuters
Apr 24, 2025
Commodities
Valero Energy reports first-quarter loss on lower margins, impairment charges
April 24 (Reuters) - Valero Energy VLO.N reported a first-quarter loss compared with a year-ago profit on Thursday, weighed down by lower refining margins and around $1 billion in impairment charges related to its West Coast assets.Shares of the company declined 1.6% to $112.62 in early trade.Exclud...Reuters
Apr 24, 2025
Other
Stellantis validates Factorial Energy solid-state battery cells
April 24 (Reuters) - Carmaker Stellantis STLAM.MI announced on Thursday the successful validation of U.S. startup Factorial Energy's automotive-sized solid-state battery cells with FEST (Factorial Electrolyte System Technology). Stellantis invested 75 million euros ($85.34 million) in Factoria...Reuters
Apr 24, 2025
Stocks
Independent Bank Corp (Michigan) reports results for the quarter ended March 31 - Earnings Summary
Independent Bank Corp (Michigan) IBCP.OQ reported quarterly adjusted earnings of 74 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of five analysts for the quarter was for earnings of 70 cents ...Reuters
Apr 24, 2025
Other
Walmart China to help Chinese exporters expand domestic sales
BEIJING, April 24 (Reuters) - Walmart China invited exporters to join its supply chain to help them expand domestic sales, according to a statement on its social media account on Thursday.The company said the move is in response to China's call to integrate the development of domestic and foreig...Reuters
Apr 24, 2025
Stocks
CANADA STOCKS-TSX opens flat as relief rally runs out of steam
April 24 (Reuters) - Canada's main stock index opened subdued on Thursday after rallying in the previous two sessions, as investors took a breather to assess the Trump administration's shifting positions on tariffs.At 9:32 a.m. ET (1332 GMT), the Toronto Stock Exchange's S&P/TSX comp...Reuters
Apr 24, 2025
Stocks
Is This the Best Warren Buffett Stock to Invest $1,000 in Right Now?
Warren Buffett is an investing icon. His track record compounding capital for Berkshire Hathaway has made him a legend. The smartest retail investors closely follow his moves to find ideas for their own portfolios.In the conglomerate's $258 billion portfolio, the second-largest holding shouldn't be ...The Motley Fool
Apr 24, 2025
Stocks
Bristol-Myers Squibb Co reports results for the quarter ended March 31 - Earnings Summary
Bristol-Myers Squibb Co BMY.N reported quarterly adjusted earnings of $1.80 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-4.40. The mean expectation of eighteen analysts for the quarter was for earnings of $1.49 per share. Wal...Reuters
Apr 24, 2025
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