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Coty reinstates annual profit target, warns of Middle East challenges

Coty reinstates annual profit target, warns of Middle East challenges

By Koyena Das May 5 (Reuters) - CoverGirl parent Coty on Tuesday flagged a hit to sales from the conflict in the Middle East, even as it leaned on cost-cutting to reinstate its annual profit target.
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Hugo Boss Reports 6% Sales Decline in Q1 Amid Strategic Shift

Hugo Boss Reports 6% Sales Decline in Q1 Amid Strategic Shift

Hugo Boss Reports 6% Sales Decline in Q1 Amid Strategic Shift
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Tidewater Reports Revenue Decline Amid Middle East Conflict and Rising Costs

Tidewater Reports Revenue Decline Amid Middle East Conflict and Rising Costs

Tidewater Reports Revenue Decline Amid Middle East Conflict and Rising Costs
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U.S. Crude Exports Surge Amid Middle East Conflict, Impacting Global Oil Supply

U.S. Crude Exports Surge Amid Middle East Conflict, Impacting Global Oil Supply

U.S. Crude Exports Surge Amid Middle East Conflict, Impacting Global Oil Supply
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Trump advisers step up their calls on China to help open Strait of Hormuz ahead of Beijing summit

Trump advisers step up their calls on China to help open Strait of Hormuz ahead of Beijing summit

White House officials are renewing calls on China to use its influence with Iran to open the Strait of Hormuz
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Brazil's central bank warns of emerging inflation risks as Iran war drags on

Brazil's central bank warns of emerging inflation risks as Iran war drags on

BRASILIA, May 5 (Reuters) - The Brazilian central bank considered changing its view on inflation risk balance but ultimately maintained a level outlook despite the U.S.-Israeli war on Iran already raising inflation expectations, it said on Tuesday.
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US and Bahrain push UN-backed action for Hormuz as Washington seeks maritime coalition

US and Bahrain push UN-backed action for Hormuz as Washington seeks maritime coalition

By John Irish PARIS, May 5 (Reuters) - U.N.
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Wall Street hesitates and oil prices climb with uncertainty about the Strait of Hormuz

Wall Street hesitates and oil prices climb with uncertainty about the Strait of Hormuz

U.S. stocks are holding tentatively near their record heights, while oil prices climb with uncertainty about when oil tankers can resume crossing the Strait of Hormuz and restore the world’s flow of crude
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Reinsurance Rates Continue to Soften Amid Geopolitical Tensions, Impacting Global Insurance Markets

Reinsurance Rates Continue to Soften Amid Geopolitical Tensions, Impacting Global Insurance Markets

Reinsurance Rates Continue to Soften Amid Geopolitical Tensions, Impacting Global Insurance Markets
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Trump says the US will 'guide' stranded ships from the Strait of Hormuz, starting on Monday

Trump says the US will 'guide' stranded ships from the Strait of Hormuz, starting on Monday

U.S. President Donald Trump has announced "Project Freedom" to help ships leave the Strait of Hormuz, starting on Monday
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Trump announces a project will start on Monday to help stranded ships leave Strait of Hormuz

Trump announces a project will start on Monday to help stranded ships leave Strait of Hormuz

U.S. President Donald Trump says a project will start on Monday to help stranded ships leave the Strait of Hormuz, but offers few details
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Ship is attacked near Strait of Hormuz as Iran reviews US response to latest proposal

Ship is attacked near Strait of Hormuz as Iran reviews US response to latest proposal

A cargo ship near the Strait of Hormuz has reported an attack by multiple small craft, according to a British military monitor, and all crew members are safe