STOCKHOLM (Reuters) - Swedish fast-fashion retailer H&M is working to buy more of its clothes and accessories from suppliers closer to its key markets in Europe and the U.S., its finance chief told Reuters on Thursday, in part to prepare for potential U.S. import tariffs. For many reasons we need to create a more regionalised supply chain, both for geopolitical...

(Reuters) -Mobileye Global ( MBLY ) forecast fiscal 2025 revenue below Wall Street expectations on Thursday, anticipating fewer shipments of its assisted driving technology to China, sending its shares down more than 12% in premarket trading. The company forecast revenue between $1.69 billion and $1.81 billion, compared with the average analyst estimate of $1.94 billion, according to data compiled by...

Microsoft Corp. ( MSFT ) shares declined by over 4% in premarket trade on Thursday after the company reported its Q2 results after the closing bell on Wednesday. The company gave a disappointing quarterly revenue forecast, pushing its stock down by over 4% in the after-hours trading. While the company's quarterly revenue forecast was below expectations, Microsoft ( MSFT )...

07:31 AM EST, 01/30/2025 (MT Newswires) -- Canada will release the Survey of Employment, Payrolls and Hours (SEPH) for November at 8:30 a.m. ET on Thursday, noted Bank of Montreal (BMO). November's SEPH could report a further decline in the job vacancy rate after touching a seven-year low the prior month, said the bank. The Bank of Canada has a...