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29/04/2025
CEO of Adidas: We are working with the expectation that Southeast Asian countries will no longer be subject to higher tariffs.
Latest
1 m ago
The CEO of Citigroup Group stated that customers' financial conditions are good.
1 m ago
General Motors Q1 earnings exceed expectations, major decisions to be postponed due to tariff uncertainties.
1 m ago
General Motors' first-quarter performance exceeded Wall Street's expectations, but due to anticipated cost increases and the uncertainty brought by US President Trump's continued implementation of automotive tariffs, the company is reevaluating its financial guidance for 2025 and suspending any additional stock buyback plans. The company's first-quarter revenue was $44.02 billion, higher than the expected $43.05 billion. Chief Financial Officer Paul Jacobson stated that the company does not anticipate any major adjustments to its manufacturing plans until the tariff issue is "more clear," but adjustments have been made in its North American production due to tariffs and other factors. Jacobson said, "We will postpone making further decisions on necessary capital or major adjustments until we have a clearer understanding of the situation." He also added that tariffs may prompt the company or its supply chain to make "significant investments" in the US.
2 m ago
Chief Executive of Citigroup: The world is on the edge of a "deep structural transformation".
2 m ago
Citigroup's CEO: The world is on the edge of a "deep structural transformation".
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