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HSBC profit jumps on higher rates, lower costs

HSBC profits jumped in the third quarter thanks to higher interest rates and lower costs, the bank giant said Tuesday, but its share price slid as the results undershot investor expectations.

Mercedes-Benz cuts 2026 profit outlook on tough China market

Mercedes-Benz on Tuesday became the third big German carmaker to cut its outlook for the year on tough conditions in China, underlining the scale of the crisis facing the industry.

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Renowned Wealth Strategist David Maigret to Host Exclusive "Retire On Your Terms" Briefing for Retirees

Free Educational Event Reveals How to Protect Retirement Assets from the Six Looming Financial Storms

D. Boral Capital Acted as Exclusive Placement Agent to Omeros Corporation (Nasdaq: OMER) in Connection with its $22,000,000 Registered Direct Offering

NEW YORK CITY, NEW YORK / ACCESS Newswire / July 31, 2025 / On July 24, 2025, Omeros Corporation (Nasdaq:OMER) ("Omeros" or the "Company") entered into a securities purchase agreement with Polar Asset Management Partners to sell approximately $22,000,000 of its common stock in a registered direct offering (the "Transaction"). The offering of the common stock was made pursuant to a "shelf" Registration Statement on Form S-3 (File No. 333-268269) and the accompanying prospectus. The Transaction closed on July 28, 2025, pursuant to which the Company sold 5,365,853 shares of its common stock at a price of $4.10 per share, which represents a premium of approximately 14% to the closing price of the Company's common stock on the date of the securities purchase agreement.

What Do Gulf Predators Really Eat? Groundbreaking Study Finds Menhaden Play a Smaller Role Than Expected

University of Southern Mississippi research challenges long-held assumptions about predator-prey dynamics in the Gulf of America

U & I Financial Corp. Reports Second Quarter 2025 Financial Results

LYNNWOOD, WA / ACCESS Newswire / July 31, 2025 / U & I Financial Corp. (OTCQX:UNIF), the holding company ("Company") for UniBank ("Bank"), today reported quarterly Net Income of $757 thousand or earnings of $0.14 per share in the second quarter of 2025, compared to a net loss of $827 thousand or $0.15 loss per share for the same quarter of 2024. The Company recognized a negative Provision for Credit Losses of $2.2 million during the second quarter of 2025 as compared to a provision expense of $3.0 million recognized for the same quarter last year.

NextTrip Engages FINN Partners to Lead PR for the Relaunch and Rebranding of JOURNY

Campaign Strategy to Elevate the Travel Channel's Media Presence Following NextTrip's Acquisition and New Partnerships with Save Your Day Films and Jungle Creations

Best Gold IRA Companies of 2025 List Released by IRAEmpire

Amid the uncertain geopolitical climate and the constant threat of a rising inflation, many investors are looking for reliable gold IRA options. IRAEmpire has released its Best Gold IRA companies list for 2025 to help consumers in this regard.

Scipio Capital Advisors Capital Raise puts Alternative Asset Yield Within Reach of Accredited Investors

"Delivering Consistent Monthly Income Through Real-World, Collateral-Backed Strategies"

Thermon Schedules First Quarter Fiscal 2026 Earnings Conference Call - August 7, 2025

AUSTIN, TX / ACCESS Newswire / July 31, 2025 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the first quarter of the fiscal year ending March 31, 2026, before the market opens on Thursday, August 7, 2025. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Jan Schott, Senior Vice President and Chief Financial Officer, will host a conference call at 10:00 a.m. (Central Time), which will be simultaneously webcast on Thermon's investor relations website (http://ir.thermon.com). Investment community professionals interested in participating in the question-and-answer session may access the call by dialing (877) 407-5976 from within the United States/Canada and (412) 902-0031 from outside of the United States/Canada.

Brazil Central Bank holds interest rate as tariffs loom

Brazil's Central Bank on Wednesday held its benchmark interest rate steady at 15 percent, citing "uncertainty" as the United States announced punishing tariffs on the South American economic powerhouse.

Brazil Central Bank holds interest rate after seven straight hikes

Brazil's Central Bank on Wednesday held its benchmark interest rate steady at 15 percent after seven straight hikes that had angered leftist President Luiz Inacio Lula da Silva.

Airbus first-half profit climbs 85% to $1.7 bn

European aerospace group Airbus posted an 85-percent rise in first-half profit Wednesday to $1.7 billion, even though it delivered fewer commercial planes compared with the same period last year.

TikTok launches crowd-sourced debunking tool in US

TikTok on Wednesday rolled out a crowd-sourced debunking system in the United States, becoming the latest tech platform to adopt a community-driven approach to combating online misinformation.

Tata Motors to buy Italy's Iveco for $4.4 bn

Tata Motors of India will buy Italy's Iveco Group for 3.8 billion euros ($4.4 billion) in a bid to create a "global champion" in the commercial vehicles sector, the two companies said Wednesday.

From skies over Gaza, Jordanian crew drops lifeline to civilians

Aboard a Jordanian military plane, aid crates are parachuted into Gaza, where war and blockade have pushed more than two million Palestinians to the brink of famine.

Renault names Provost CEO after De Meo exit

French auto giant Renault said Wednesday that Francois Provost, currently in charge of procurement, would take over as chief executive following Luca de Meo's departure in June.

Canada central bank holds rate steady citing US tariff 'threats'

Canada's central bank held its key lending rate at 2.75 percent on Wednesday, as the major US trading partner confronts economic uncertainty two days before President Donald Trump's latest tariff deadline.

Stocks edge higher, dollar gains before tech earnings, Fed decision

Stock markets saw mostly muted gains in Europe and on Wall Street on Wednesday as investors waited for earnings from US tech giants, while the dollar rose from recent lows ahead of an interest-rate call from the Federal Reserve.

London court rules oligarch liable in $1.9 bn Ukraine loan scheme

Ukrainian oligarch Igor Kolomoisky and his former business partner are likely to be forced to repay $1.9 billion they "unlawfully" appropriated from a Ukrainian bank they owned, London's High Court ruled Wednesday.

Stocks diverge, dollar gains before tech earnings, Fed decision

Stock markets were mixed in Europe and on Wall Street on Wednesday while the dollar rose further from recent lows as investors took a cautious approach ahead of earnings from US tech giants and the latest interest-rate call from the Federal Reserve.

US economy returns to growth in second quarter on tariff turbulence

The US economy returned to growth in the second quarter, government data showed Wednesday, as analysts warned of distortions due to shifting trade flows over President Donald Trump's tariffs.

Aston Martin pares outlook as US tariffs weigh

British luxury carmaker Aston Martin Lagonda on Wednesday revised down its full-year outlook as US President Donald Trump's tariffs weigh on operations.

Adidas says may hike US prices after tariff cost warning

German sportswear giant Adidas warned Wednesday that it might raise prices in the United States due to tariffs that could cost it an extra 200 million euros ($230 million) this year.

GSK reports improved outlook despite US drug tariffs

British pharmaceutical group GlaxoSmithKline said Wednesday that its annual performance should be better than expected, despite US tariffs, after sales of its cancer drugs jumped in the second quarter.

HSBC banks lower profits on higher costs

Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was "well positioned" to deal with the effects of US tariffs.

Eurozone economy expands but tariff impact looms

The eurozone economy unexpectedly expanded in the second quarter of 2025, official data showed Wednesday, despite international trade tensions clouding the global outlook.

China says childcare subsidies to 'add new impetus' to economy

China said Wednesday that recently announced subsidies to support families with young children will provide a much-needed economic boost, as Beijing seeks to promote spending and avert a demographic crisis.

Mercedes-Benz welcomes EU-US deal after profits plunge on tariff woes

A new trade deal struck between the United States and European Union is good news despite fears it is unbalanced, Mercedes-Benz said Wednesday after the German carmaker reported a tariff hit of hundreds of millions of euros in the second quarter.

Adidas reports hit from US tariffs

German sportswear giant Adidas said Wednesday it took a hit from US tariffs in the second quarter but did not indicate whether it would pass on rising costs to consumers.

Mercedes-Benz profit plunges on tariff, China woes

Premium German carmaker Mercedes-Benz said Wednesday its second-quarter profit plunged nearly 70 percent due to US tariffs and weak sales in China, prompting it to lower its full-year revenue outlook.

Kyrgyzstan struggles with deadly shortages of medicine

Like many people affected by serious illness in ex-Soviet Central Asia, Almagul Ibrayeva is having trouble finding medicine in her native Kyrgyzstan.

Could copper tariff hurt US more than Chile?

Chile, the world's biggest copper producer, is hoping for a last-minute deal to stop the United States from imposing a 50-percent import tariff on the red metal.

Norwegian cousins battle over oil, climate policy

As teenagers in Norway, Andreas Bjelland Eriksen and his younger cousin Vebjorn Bjelland Berg survived a mass shooting together -- a trauma that united them.

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Arizona Tribune - Economy (English)