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26 Apr

Wall St set for lower open as investors focus on Big Tech earnings

(Reuters) -U.S. stock indexes were set to open lower on Tuesday as investors waited to see if earnings from Big Tech companies this week will provide support to a market worried about high inflation and slowing global growth.

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26 Apr

Fidelity to allow retirement savings allocation to bitcoin in 401(k) accounts

(Reuters) -Fidelity Investments said on Tuesday it will allow individuals to allocate part of their retirement savings in bitcoin through their 401(k) investment plans, becoming the first major retirement plan provider to do so.

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26 Apr

ADM beats profit estimates as Ukraine crisis stokes crop shortages

(Reuters) -Global grain trader Archer-Daniels-Midland Co on Tuesday reported a higher-than-expected quarterly profit, as the Ukraine crisis exacerbated an already tight supply of essential crops.

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26 Apr

Iveco says supply issues to peak as operating profit tops estimates in Q1

MILAN (Reuters) -Italy's Iveco said on Tuesday the negative effects of supply chain disruptions would peak this quarter after its operating profit topped estimates in the first three months of the year thanks to its performance in light commercial vehicles and buses.

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26 Apr

China's Huawei seeks out growth areas as risks mount

SHENZHEN, China (Reuters) -Huawei Technologies has identified helping businesses to use 5G technology, cloud computing and to improve their energy efficiency as ways to bolster the company in the face of mounting challenges, its rotating chairman said on Tuesday.

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26 Apr

Iveco tops operating profit estimates in Q1, shares rise

Truckmaker Iveco said on Tuesday its operating profit topped estimates in the first quarter of this year, in its first set of results as a stand-alone company.

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26 Apr

Oil rebounds on China demand concerns in see-saw trading

LONDON -Oil prices rose modestly in volatile trading on Tuesday as the market weighed concerns over Russian supply and Chinese demand.

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  • China receives US equipment to make advanced chips despite new rules-report
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