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Stocks retreat as US GDP slumps rattles confidence
Stocks slid on Wall Street on Wednesday, pulling European indexes off earlier highs after the US economy contracted in the first quarter, heightening fears about the fallout of President Donald Trump's tariffs blitz on the world's largest economy.
Trump blames Biden's record after US economy shrinks
President Donald Trump lashed out at his predecessor's economic record Wednesday after US financial markets fell on the news that the American economy unexpectedly contracted in the first three months of the year.
Mexico avoids recession despite tariff uncertainty
Mexico's economy returned to growth in the first quarter of 2025, avoiding a recession despite deep uncertainty over US President Donald Trump's sweeping tariffs, official data showed Wednesday.
Stocks drop after US economy contracts amid tariffs turmoil
Stock markets retreated into the red Wednesday after the US economy contracted in the first quarter, a stark reminder of the risks President Donald Trump's tariffs blitz could hold for the world's largest economy and its main trading partners.
India to ask caste status in next census for first time in decades
India will conduct its first official caste census since independence, the government announced on Wednesday, a move likely to have far-reaching consequences for its politics and contentious affirmative action policies.
More automakers drop earnings guidance over tariffs
Germany's Mercedes-Benz and US-European group Stellantis, whose brands include Jeep, Peugeot and Fiat, joined other automakers Wednesday in suspending their annual financial guidance because of uncertainty over US tariffs.
Stock markets mostly rise ahead of US economic data, tech earnings
Stock markets mostly rose Wednesday ahead of key US economic and earnings reports that could offer fresh insights into the health of the world's largest economy amid Donald Trump's tariffs.
German growth better than expected but tariff turmoil looms
Germany's struggling economy grew faster than expected at the start of the year, data showed Wednesday, in a boost for the incoming government of conservative Friedrich Merz even as US tariffs threaten to derail the nascent recovery.
Eurozone economy grows more than expected despite US tariff turmoil
The eurozone economy expanded more than expected at the start of the year, official data showed on Wednesday, despite US President Donald Trump's tariffs but global trade tensions threaten more pain and near stagnation in 2025.
Steelmaker ArcelorMittal warns of uncertainty
Steelmaker ArcelorMittal warned Wednesday that tariff uncertainty could cause further economic disruption as its global footprint helped it weather the turbulence in the first quarter.
Jeep owner Stellantis suspends outlook over tariffs
US-European auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, dropped its annual financial guidance on Wednesday due to uncertainty over US President Donald Trump's tariffs.
Aston Martin limits US car imports due to tariffs
British luxury carmaker Aston Martin Lagonda said Wednesday that it is limiting shipments to the United States after US President Donald Trump slapped 25-percent tariffs on car imports.
Most stock markets rise despite China data, eyes on US reports
Stocks mostly rose Wednesday ahead of key US economic and earnings reports, while traders took in their stride data showing Chinese factory activity contracted at its fastest pace for nearly two years as Donald Trump's trade war kicked in.
TotalEnergies profits drop as prices slide
TotalEnergies said Wednesday that its net profit fell in the first quarter despite expanding production, as a slide in global crude oil prices penalises the financial performance of energy firms.
Volkswagen says tariffs will dampen business as profit plunges
Europe's largest carmaker Volkswagen said Wednesday that first quarter profit plunged due to higher costs as it warned of muted business for the rest of the year in the wake of trade tensions.
Jeep owner Stellantis suspends 2025 earnings forecast over tariffs
Stellantis, the parent company of Jeep, Peugeot and Fiat, said Wednesday it was suspending its 2025 earnings forecast due to uncertainty caused by US tariffs.
French economy returns to thin growth in first quarter
France's economy returned to growth in the first three months of the year but the expansion was modest, held back by sluggish household consumption and stagnant investment, official data showed Wednesday.
Japan tariff envoy departs for round two of US talks
Tokyo's tariffs envoy departed Wednesday for a second round of negotiations in Washington, where Japan could offer concessions such as tweaking vehicle import procedures to secure relief from Donald Trump's trade levies.
Tunics & turbans: Afghan students don Taliban-imposed uniforms
Since the start of the school year in March, Afghan boys have been required to wear new uniforms of turbans and long tunics, following an order to adopt outfits reflecting Taliban rule.
Asian markets struggle as trade war hits China factory activity
Stocks started limply Wednesday as investors struggled to match Wall Street's rally, with data showing Chinese factory activity contracted this month at its fastest pace for nearly two years as Donald Trump's trade war kicked in.
Samsung Electronics posts 22% jump in Q1 net profit
South Korean tech giant Samsung Electronics reported a better-than-expected 21.7 percent rise in first-quarter net profit on Wednesday as consumers rushed to buy smartphones under the looming threat of US tariffs.
China's manufacturing shrinks in April as trade war bites
China's manufacturing activity shrank in April after growing at its highest rate in a year the previous month, official data showed Wednesday, as Beijing fights an intensifying trade war with the United States.
Financial markets may be the last guardrail on Trump
Since returning to the White House, Donald Trump has ushered in sweeping changes to international geopolitics and US government administration with little regard for norms that have constrained predecessors.
US growth figure expected to make for tough reading for Trump
US GDP figures for the first quarter are expected to show a sharp drop-off in growth -- and possibly even a recession -- reflecting a surge in imports before President Donald Trump's sweeping tariffs came into effect.
SupplySide's Amanda White Named One of Trade Show Executive Trailblazers for 2025
Trade Show Executive's Trailblazers celebrates the event industry's up-and-coming innovators, problem solvers and collaborators.
From SONGS Music Publishing to Columbia Records: Producer Ron Perry's Unconventional Rise
LOS ANGELES, CA / ACCESS Newswire / April 30, 2025 / The music industry has no shortage of executives, but few have carved a path as distinct - or as impactful - as Ron Perry. From his early beginnings at independent powerhouse SONGS Music Publishing to his current role as Chairman & CEO of Columbia Records, Perry has helped shape the soundtrack of the last decade. His story is not just one of commercial success, but of intentional leadership, strategic vision, and a deep understanding of what moves global audiences.
5 Ways to Manage Discomfort after Dental Implants
NEW YORK, NY / ACCESS Newswire / April 30, 2025 / Dental implants are a fantastic way to get your smile back to its natural, seamless appearance. That said, just like with any surgery, you might experience a few side effects of dental implants in the days following the procedure. The good news is these side effects are typically temporary, and there are plenty of simple ways to keep discomfort to a minimum while your body heals. Keep reading for some helpful tips on how to manage any soreness and speed up your recovery as your implants settle into place.
Travelers Capital Corp. Introduces Mutual Fund Designed for Stable Yields Amid Market Volatility
Mutual Fund Trust Powers Structured Finance and Asset-Based Lending Solutions for Mid-Market Businesses in Transition
Ostrom Climate Reports Audited Year-End 2024 and Fiscal Q4 Financial Statements and Announces Leadership Changes
VANCOUVER, BC / ACCESS Newswire / April 30, 2025 / Ostrom Climate Solutions Inc. ("Ostrom" or the "Company") (TSX-V:COO)(Frankfurt:9EAA), a leading provider of carbon project development and climate solutions, today announced its financial results for the fourth quarter and the full fiscal year ended December 31, 2024.
Zero Wait-State Acquires PMware Technology to Transform Product Portfolio Management in PLM
PMware co-founder and CEO Dave Gawlik and co-founder and CTO Franck Fauvel will join Zero Wait-State's leadership team. Dave will assume the role of Chief Revenue Officer and Franck will become the Vice President of Product Development for PPM.
Inspire Veterinary Partners Celebrates Record Veterinary Hiring and the Appointment of Lynley Kees to Chief People Officer
Year-to-date 2025 Doctor of Veterinary Medicine hiring surpasses 2024 by 500%New talent outreach, professional development and staffing tools implemented by Director of Recruiting Holly Hazzan and led by new Chief People Officer (CPO)Several Inspire clinics are newly staffed with experienced medical leadershipCPO to lead People strategy to support next phase of growth
Tax Debt Can Derail Your Mortgage Plans - What Homebuyers Need to Know Before It's Too Late
Clear Start Tax Explains How Unpaid Taxes Can Block Loan Approvals — and What Buyers Can Do to Stay on Track