By Savyata Mishra (Reuters) - McDonald’s (NYSE:MCD) posted a surprise drop in first-quarter global comparable sales on Thursday, as demand from cash-strapped diners in the U.S. and Europe faltered on uncertainty sparked by chaotic tariffs. The world’s largest fast-food chain is navigating the "toughest of market conditions", CEO Chris Kempczinski said as restaurant visits by lower- and middle- ...
(Reuters) -Air Products cut its annual profit forecast on Thursday and the industrial gas maker reported lower-than-expected quarterly earnings, hurt by lower sales volumes and higher costs, sending the company’s shares down 4% premarket. U.S. manufacturing activity contracted in March after growing for two months straight as President Donald Trump’s wave of tariffs eroded business and consume ...
(Reuters) - Carrier Global (NYSE:CARR) beat the analysts’ estimate for first-quarter profit on Thursday, and raised its 2025 forecast, anticipating strong demand for its heating, ventilating and air conditioning (HVAC) products and aftermarket repair services. Increasing global temperatures fueled by climate change and rising levels of air pollution have aided demand for air conditioners and air ...
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 ...