LONDON (Reuters) -Hedge funds have scaled back risky bets and sought safety, data from Goldman Sachs shows, ahead of this week's widely anticipated announcement by U.S. President Donald Trump on reciprocal tariffs that has fuelled trade war fears. Trump has for weeks flagged April 2 as a Liberation Day delivery date for his most ambitious actions yet to upend more...

11:44 AM EDT, 04/01/2025 (MT Newswires) -- Comcast's ( CMCSA ) Comcast Business said Tuesday it has completed its acquisition of managed services and connectivity provider, Nitel, from private equity firm Cinven. The acquisition expands its presence in connectivity and secure networking, raising its ability to serve enterprise clients, the company said. Price: 36.92, Change: +0.02, Percent Change: +0.04 ...

April 1 (Reuters) - Ten car manufacturers, including BMW and Ford, and two trade bodies have reached a settlement with the UK's competition regulator to pay 77.7 million pounds ($100.43 million) in a fine after admitting to breaking competition law in relation to vehicle recycling, Competition and Markets Authority said on Tuesday. These manufacturers illegally agreed not to compete against...

11:47 AM EDT, 04/01/2025 (MT Newswires) -- Knight-Swift Transportation's ( KNX ) earnings in the next two quarters will be impacted by severe weather disruptions and shipper paralysis due to uncertainty over new tariff implementations, BofA Securities said in a note on Tuesday. We lower our Q1/Q2 EPS estimates by 35%/20% to $0.20/$0.38, below Knight-Swift's target of $0.29 to $0.33...