May 28 (Reuters) - Michael Kors-owner Capri Holdings cut its revenue forecast for 2026 on Wednesday signaling that tariff-related uncertainty was weighing on an already fragile demand for its leather handbags and accessories in North America and Asia. The company now expects total annual revenue in the range of $3.3 billionto $3.4 billion, compared with its February forecast of about...

06:46 AM EDT, 05/28/2025 (MT Newswires) -- British American Tobacco ( BTI ) said Wednesday that it has completed the sale of 313 million ITC shares, representing about 2.5% share capital, through a block trade to institutional investors. The company said the accelerated block trade raised net proceeds of 121 billion Indian rupees ($1.42 billion). British American Tobacco ( BTI...

(Reuters) -Michael Kors-owner Capri Holdings cut its revenue forecast for 2026 on Wednesday signaling that tariff-related uncertainty was weighing on an already fragile demand for its leather handbags and accessories in North America and Asia. The company now expects total annual revenue in the range of $3.3 billionto $3.4 billion, compared with its February forecast of about $4.1 billion. Analysts...

06:46 AM EDT, 05/28/2025 (MT Newswires) -- (Updates with Nvidia's ( NVDA ) response in the fourth paragraph.) Nvidia's ( NVDA ) suppliers are boosting production of the company's flagship AI data center racks after technical issues that delayed shipments were fixed, the Financial Times reported Tuesday, citing several people familiar with developments at the suppliers. Nvidia ( NVDA )...