News Center

Ryanair threatens to cancel huge Boeing order if tariffs raise prices

Ryanair threatens to cancel huge Boeing order if tariffs raise prices

By Padraic Halpin and Allison Lampert DUBLIN (Reuters) -Ryanair on Thursday threatened to cancel orders for hundreds of Boeing (NYSE:BA) aircraft if a U.S.-led tariff war leads to materially higher prices, and said it could look at alternative suppliers, including Chinese planemaker COMAC. The threat by Europe’s largest low-cost carrier and one of Boeing’s biggest customers was the latest sig ...

2025-05-02 01:56:51
Thomson Reuters maintains 2025 financial forecasts amid economic turmoil

Thomson Reuters maintains 2025 financial forecasts amid economic turmoil

By Kenneth Li NEW YORK (Reuters) -Thomson Reuters on Thursday confirmed 2025 financial guidance amid tariff-induced global economic turmoil that has led some companies to revise or scrap forecasts altogether. The Toronto-based content and technology company reported quarterly revenue rising 1% to $1.9 billion, slightly below analyst expectations of $1.93 billion, according to LSEG data. Organic re ...

2025-05-02 01:55:51
Wall Street leaps to 1-month highs as Microsoft, Meta surge

Wall Street leaps to 1-month highs as Microsoft, Meta surge

By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) - Wall Street’s main indexes jumped to around one-month highs on Thursday, with the tech-heavy Nasdaq leading gains, as strong quarterly results from heavyweights Microsoft (NASDAQ:MSFT) and Meta pointed to a resilient outlook for the technology sector. Microsoft surged 9% to its highest level since late January, driven by an upbeat quarterly ...

2025-05-02 01:54:52
Howmet Aerospace lifts 2025 profit forecast on strong demand, shares rise

Howmet Aerospace lifts 2025 profit forecast on strong demand, shares rise

By Allison Lampert and Utkarsh Shetti (Reuters) -Howmet Aerospace raised its 2025 profit forecast on Thursday, despite impacts from U.S. tariffs, sending shares up 7.8% as the maker of castings and fasteners expects to pass on higher costs and sees strong demand from increased jet production. The U.S. aerospace industry is seeking a tariff exemption to alleviate rising production costs and supply- ...

2025-05-02 01:53:53