Asia markets hit records on AI euphoria, yen surges again
Currency dealers work as an electronic board displays the Korea Composite Stock Price Index (KOSPI) in Seoul, South Korea, May 6, 2026. REUTERS SINGAPORE, May 6 (Reuters) – Stocks leapt, oil prices sank and the dollar dropped on Wednesday after U.S. President Donald Trump touted “great progress” towards a “final agreement” with Tehran, while momentum […]
Ahold Delhaize tops profit expectations despite hit from weak dollar
Ahold Delhaize logo is seen in this illustration taken, February 11, 2025. REUTERS May 6 (Reuters) – Supermarket group Ahold Delhaize reported a first-quarter core profit above market expectations on Wednesday, as continued U.S. strength offset the negative impact from exchanging dollars to euros. The group, which operates the Stop & Shop, Giant, Food Lion […]
Exclusive: Rivian developing variants of its more affordable R2 EVs
Rivian CEO RJ Scaringe speaks at an event to unveil a smaller R2 SUV in Laguna Beach, California, U.S., March 7, 2024. REUTERS SAN FRANCISCO, (Reuters) – Rivian is working on undisclosed variants of its R2 electric vehicles, the company’s CEO said, days after starting volume production of the smaller and more affordable SUVs. Rivian, […]
Dutch health-tech group Philips’ sales, margins beat estimates on order growth
Philips equipment in an ultrasound room in Coffey County Hospital in Burlington, Kansas, U.S., February 19, 2026. REUTERS May 6 (Reuters) – Dutch healthcare technology group Philips reported first-quarter revenues and margins above market expectations on Wednesday, with order intake growth helped by demand in North America and Europe. Sales at the group, which makes […]
Renk’s first-quarter orders beat forecasts on military demand
An employee works in the final assembly of gearbox production at the RENK Group, a leading global supplier of highly efficient drive and gearbox technology for the defence industry in Augsburg, Germany, November 20, 2025. REUTERS May 6 (Reuters) – German tank gearbox and naval propulsion supplier Renk posted first-quarter order intake above analysts’ estimates […]
Vietnam launches fresh crackdown on online piracy under threat of US tariffs
A man works with a laptop at the airport in Hanoi, Vietnam October 18, 2017. REUTERS HANOI, May 6 (Reuters) – Vietnam is set to launch from Thursday a new crackdown on online piracy and counterfeit goods, aiming to boost detections by a fifth, the government said, after the United States revived the prospect of […]
Payments firm Adyen meets revenue estimates despite consumer spending decline
The Adyen logo is seen at the reception desk of the company’s headquarters in Amsterdam, Netherlands August 24, 2018. Picture taken August 24, 2018. REUTERS May 6 (Reuters) – Adyen the Dutch company that processes payments for Uber and eBay, met first-quarter revenue expectations on Wednesday, as it continued to process a higher volume of […]
Jewellery brand Pandora reports stronger start to year despite US sales decline
Pandora jewellery is displayed at the outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS LONDON, May 6 (Reuters) – Jewellery brand Pandora beat first-quarter revenue expectations on Wednesday despite comparable sales in North America falling 2%, as new CEO Berta de Pablos-Barbier faces a struggle to reignite growth, with the […]
Cost cuts, high-margin tyres drive Continental profit beat in first quarter
Continental tires are seen in UnionComerc tire shop in Zenica, Bosnia and Herzegovina, April 5, 2025. REUTERS May 6 (Reuters) – German car parts supplier Continental on Wednesday posted higher-than-expected operating profit for the first quarter, citing cost cuts, lower raw material prices and a focus on high-margin tyres. The company reported first-quarter adjusted earnings […]
Novo Nordisk’s first-quarter profit beats forecasts
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024. REUTERS COPENHAGEN, May 6 (Reuters) – Novo Nordisk the maker of weight-loss drug Wegovy, on Wednesday reported a first-quarter adjusted operating profit above expectations. The Danish drugmaker is banking on demand for its new weight-loss […]