Bunge Sees Full-Year Profits Shrinking to Lowest Since 2019
Bunge Global SA expects profits this year to shrink to the lowest level since before the pandemic as the crop trader sees heightened geopolitical uncertainty.
ADVERTISEMENT
Bunge Global SA expects profits this year to shrink to the lowest level since before the pandemic as the crop trader sees heightened geopolitical uncertainty.
Walt Disney Co. reported fiscal first-quarter results that topped analysts’ estimates, fueled by the blockbuster film Moana 2 and higher income from its streaming services.
Over a frantic 72 hours, U.S. President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.
The website of the Chinese artificial intelligence company DeepSeek, whose chatbot became the most downloaded app in the United States, has computer code that could send some user login information to a Chinese state-owned telecommunications company that has been barred from operating in the United States, security researchers say.
Americans are likely to pay more for products from popular Chinese e-commerce platforms like Shein and Temu as the U.S. Postal Service said it would stop accepting parcels from China and Hong Kong.
Uber Technologies Inc. reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth. Shares declined in premarket trading on Wednesday.
Brookfield Capital Partners (UK) Ltd. entered the bidding frenzy for Insignia Financial Ltd., joining Bain Capital and CC Capital Partners with an offer for the Australian wealth management firm.
Mark Carney plans to announce he won’t follow through with a proposed increase to Canada’s capital gains tax if he wins the Liberal Party leadership race and becomes prime minister, according to a person familiar with the matter.
Observers say there has been a growing wave of patriotic sentiment among Canadians since Trump took office and ratcheted up his anti-Canadian rhetoric.
Even though the tariffs are paused, Canada and the U.S aren’t out of the woods yet. Trump says he'll be watching Canada closely over the next month, and local leaders are pushing consumers to buy Canadian.
International Business Machines Corp. gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in its software business.
A last-minute deal to head off a trade war between the US and Canada has given investors a temporary reprieve, but Canadian leaders are warning about the high-stakes negotiations ahead.
U.S. President Donald Trump has rattled economies and markets with his promise of imposing punitive tariffs on the nation’s largest trade partners.
President Donald Trump announced a project to expand artificial intelligence infrastructure in the U.S., calling it the biggest buildout of its kind in history “by far.”
President Donald Trump’s threatened tariffs against Canada and Mexico — now on hold for a month — risked blowing up North America’s economy.
Purolator Inc. says it is acquiring Livingston International, one of Canada’s largest customs brokers, boosting its trade expertise in the Trump era.