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Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.10%

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.10%

Investing.com – Saudi Arabia stocks were lower after the close on Thursday, as losses in the Media & Publishing, Energy & Utilities and Real Estate Development sectors led shares lower.At the close in Saudi Arabia, the Tadawul All Share declined 1.10%.The best performers of the session on the Tadawul All Share were Saudi Printing & Packaging Company (TADAWUL:4270), which rose 6.18% o ...

2025-05-02 02:06:36
Mastercard profit beats expectations on resilient consumer spending

Mastercard profit beats expectations on resilient consumer spending

By Arasu Kannagi Basil (Reuters) -Mastercard beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network despite the economic uncertainty sparked by U.S. President Donald Trump’s sweeping tariffs. Executives said the fundamentals supporting consumer and business spending remained solid despite sentiment taking a hit from tariff-driven turmoil ...

2025-05-02 02:05:38
Bombardier’s quarterly revenue rises 19% on delivery strength, higher services revenue

Bombardier’s quarterly revenue rises 19% on delivery strength, higher services revenue

By Dan Catchpole and Aatreyee Dasgupta (Reuters) -Canadian business jet manufacturer Bombardier (OTC:BDRBF) reported higher first-quarter revenue on Thursday, owing to increased aircraft deliveries and growth in aftermarket services, but the company’s gains fell slightly short of investor expectations. Its shares were down 5% in early trading.  Bombardier President and CEO Eric Martel said ...

2025-05-02 02:04:36
GM cuts 2025 profit forecast, expects up to $5 billion tariff impact

GM cuts 2025 profit forecast, expects up to $5 billion tariff impact

By Kalea Hall DETROIT (Reuters) -General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this week on automotive tariffs. CEO Mary Barra told shareholders in a letter that the company would maintain dialogue with the Trump administration on trade and other policies as they evolve.  "There are ongoing discussions with key tr ...

2025-05-02 02:03:38