PepsiCo earnings beat estimates as North American food business improves
PepsiCo’s quarterly earnings and revenue topped Wall Street’s expectations.
EasyJet’s stock drops as the Middle East conflict, fuel costs weigh on bookings outlook
EasyJet said it took on roughly £25 million in additional fuel costs in the first half of 2026 due to the Middle East conflict.
Don’t call time on dollar dominance just yet, say analysts as ‘petroyuan’ call sparks debate
The dollar index, which tracks its performance against a basket of major currencies, fell almost 10% through 2025.
Iran war drags India’s goods exports 7% lower in March — more pain ahead
Iran war cuts India’s March goods exports by over 7%, hammering key sectors and markets, lifting costs and delaying recovery for months.
UK economy grew 0.5% in February, beating economists’ expectations by a long shot
Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.
European stocks set for another mixed open as Iran peace efforts remain unclear
European stocks are expected to open in mixed territory as investors assess a confused picture of where the Iran war and peace talks are headed.
TSMC first-quarter profit rises 58%, beats estimates as AI demand fuels record run
TSMC reported another quarter of record profit, with the company expecting AI demand to continue to grow.
Trump says Israel and Lebanon leaders to hold talks after first high-level meeting in decades
The U.S. president said he was “trying to get a little breathing room between Israel and Lebanon.”
China economic growth accelerates to 5% in first quarter, beating expectations, on robust exports
Beijing had lowered its growth target this year to a range of 4.5% to 5%, the least ambitious goal on record going back to the early 1990s.
Daikin shares jump 14% after activist investor Elliott pushes for reforms
Daikin shares surged as much as 13.9% after activist investor Elliott urged the company to boost margins and shareholder returns.