Target cuts annual forecasts as tariff pressure mounts, demand slows further
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target slashed its annual sales forecast on Wednesday after posting a sharp…
Xpeng forecasts upbeat quarterly revenue on strong EV deliveries
(Reuters) -China’s XPeng on Wednesday forecast second-quarter revenue above Wall Street estimates, betting on growing demand for its lower-priced electric…
China says US trade talks important but multilateralism key to solution
By Olivia Le Poidevin GENEVA (Reuters) -China said on Wednesday trade talks with the U.S. were an important step toward…
VF Corp misses quarterly revenue estimates as tariff uncertainty hits demand
-Apparel and footwear maker VF Corp on Wednesday missed fourth-quarter revenue estimates as a challenging macroeconomic environment dampened its consumer…
US tariffs dampen mood of global exporters, study shows
By Maria Martinez BERLIN (Reuters) -The wave of new U.S. tariffs has severely dampened the mood among exporters and 42%…
Apple supplier Foxconn to invest $1.5 billion in India unit
(Reuters) -Apple supplier Foxconn will invest 1.5 billion rupees in its India unit, the company said in a filing, as…
China to give $500 million to WHO in next 5 years, official says
GENEVA (Reuters) -China will give an additional quota of $500 million to the World Health Organization over the next five…
Home Depot beats sales estimates on stable demand, no plans for price hikes
(Reuters) -Home Depot beat Wall Street estimates for first-quarter sales on Tuesday, helped by resilient demand from professional contractors, as…
White House says all Republican lawmakers must support tax bill
WASHINGTON (Reuters) -The White House urged every Republican in the House of Representatives and Senate on Monday to support President…
AMD to sell ZT Systems’ server-manufacturing business to Sanmina in $3 billion deal
(Reuters) -AMD will sell the server-manufacturing business of recently acquired ZT Systems to Sanmina in a $3 billion deal, making…