NYSE Content Advisory: Pre-Market update + China considering trade negotiations
delivers the pre-market update on May 2nd
Stocks are fractionally higher this morning after the S&P 500 extended its win streak to eight straight sessions on Thursday. The index rose 0.6% as Microsoft and Meta shares rallied after better-than-expected results.
Overnight, China said its assessing possible trade talks with the U.S. and according to reports, it has started exempting some goods from levies that may cover about a quarter of its impact for the U.S.
Wall Street turns to April's Jobs report this morning as forecasters estimate 133,000 jobs were added last month, down from 228,000 in March.
Opening Bell
Ring Magazine celebrates its first-ever boxing event in the United States, titled "FATAL FURY: City of the Wolves" tonight in Times Square.
Closing Bell
Carnival Corporation & plc (NYSE: CCL) counts down the days until it rings in a new tropical island paradise, Celebration Key.
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Cision Canada
16 minutes ago
- Cision Canada
Minister MacDonald concludes first trade mission to strengthen ties and promote Canadian agriculture and agri-food in the Indo-Pacific Français
OTTAWA, ON, Aug. 8, 2025 /CNW/ - The Honourable Heath MacDonald, Minister of Agriculture and Agri-Food, has concluded a productive seven-day trade mission to Indonesia, Singapore, and the Philippines. Representatives from Canada's agriculture and agri-food sector joined the Minister for the mission to the region, which is already importing more than a quarter of Canada's total agricultural exports, and poised for much more. Canadian agricultural stakeholder groups who joined Minister MacDonald on the mission included: Cereals Canada; Soy Canada; Protein Industries Canada; Canada Beef; Pulse Canada; the Canadian Pork Council; and the Canadian Cattle Association. During the mission, Minister MacDonald met with senior government officials, industry leaders, importers and other key stakeholders to discuss boosting agricultural and agri-food trade, increased cooperation on research, innovation, food safety and technical expertise, and to promote the Canada Brand. In each country, the Minister convened meetings between industry representatives and local businesses and importers to discuss market trends, regulatory challenges, and opportunities for growth. He also attended World Food Expo, the largest agri-food and beverages trade show in the Philippines, and met with Canadian exhibitors. Key meetings included: Indonesia's Minister of Agriculture Andi Amran Sulaiman; Indonesia's Deputy for Food and Agriculture Coordination Ms. Widiastuti; ASEAN Secretary-General Dr. Kao Kim Hourn; Singapore's Minister for Sustainability and Environment Grace Fu Hai Yein; and, The Philippines' Secretary of Agriculture Francisco Tiu Laurel Jr. Minister MacDonald's mission underscores Canada's commitment to trade with reliable partners and growth across the Indo-Pacific region. Quotes "Our farmers and food processors work tirelessly to produce reliable, high-quality and safe food. Because of the reputation they've helped build, more countries are choosing our products, and we're absolutely focused on creating more opportunities for them by increasing and diversifying our exports, moving forward on new free trade agreements, and raising the profile of the Canada Brand worldwide, especially in areas like the Indo-Pacific." - The Honourable Heath MacDonald, Minister of Agriculture and Agri-Food "The Indo-Pacific region represents one of Canada's most significant and fastest-growing markets for cereals. Canada has enjoyed long-standing trade partnerships with the countries in this region, and the Minister's presence underscores the importance of these relationships. The Indo-Pacific Agriculture and Agri-Food Office provides boots-on-the-ground trade support to regulators and exporters, and helps to uphold Canada's reputation for clean, consistent cargos which our Indo-Pacific customers expect." - Dean Dias, Chief Executive Officer, Cereals Canada "I've seen Minister MacDonald show our customers and their governments that in a world of chaos, they can count on Canada. Meeting customers and their governments face to face and supporting the Indo-Pacific Agriculture and Agri-Food Office delivers what our customers need. With over 70% of our soybeans exported, including $1.5 billion to the Indo-Pacific each year, when we deliver value for customers, we deliver value for farmers and the entire soy value chain." - Brian Innes, Executive Director, Soy Canada "Our recent trip across the Indo-Pacific region with Minister MacDonald reaffirmed the importance of building strong, collaborative relationships with countries that share our commitment to innovation, sustainability, and food security. Canada's plant-based food and ingredient sector offers high-quality, sustainable protein options that meet the growing demand in the Indo-Pacific. By working with partners across the region, including through the Indo-Pacific Agriculture and Agri-Food Office, we can build lasting trade and business relationships that benefit both Canadians and Indo-Pacific consumers." - Robert Hunter, Chief Executive Officer, Protein Industries Canada "The Indo-Pacific region represents a rapidly growing market for Canadian beef with tremendous potential for long-term trade partnerships. Minister MacDonald's trade mission demonstrates Canada's commitment to advancing Canadian agriculture through active engagement with key partners. Canada Beef appreciates the support of the Indo-Pacific Agriculture and Agri-Food Office in Manila in building strategic relationships in the region. Reliable and predictable access along with a level playing field for Canadian beef in global markets are core to achieving a truly competitive landscape with our major competitors." - Eric Bienvenue, President, Canada Beef "The Indo-Pacific holds tremendous potential for Canada's pulse sector, which is why Pulse Canada was a leading advocate for the creation of the Indo-Pacific Agriculture and Agri-Food Office. Pulse Canada has been working for years to diversify markets in the Indo-Pacific and unlock new opportunities for Canadian pulse growers, processors, and exporters, and we are pleased to see the federal government placing a stronger focus on this region and aligning with industry efforts to build long-term, sustainable trade relationships." - Julianne Curran, Vice President, Market Innovation, Pulse Canada "We were thrilled to join the Minister for his first-ever visit to the ASEAN region. As a supporter of the Indo-Pacific Agricultural and Agri-Food Office and of diversifying our trading relationships, the Canadian Pork Council appreciated the wonderful conversations we had with local producers and buyers. We look forward to continuing these relationships as we help bring the world's best pork, Canadian pork, to markets around the world." - René Roy, Chair, Canadian Pork Council "It has been an honour to participate in my first international trip as President of the Canadian Cattle Association. The mission has provided excellent opportunities to grow relationships in three priority Southeast Asian markets along with the Minister of Agriculture and Agri-Food. Canadian beef producers appreciate every opportunity to diversify and gain new markets and opportunities for our nutritious and sustainable Canadian beef products. We are excited for the growth potential in the Indo-Pacific region at large, where Canadian beef is valued for our high-quality, safe product." - Tyler Fulton, President, Canadian Cattle Association Quick Facts The Indo-Pacific area includes 40 economies, over four billion people, and $47 trillion in economic activity. It's the world's fastest-growing region, and home to 11 of Canada's top 20 trading partners. Launched in 2022, Canada's Indo-Pacific Strategy has committed to advancing five strategic objectives — from security and trade to sustainability and regional engagement. It reflects Canada's commitment to inclusive growth, a rules-based international order, and partnerships that create shared prosperity with Indo-Pacific economies. The Indo-Pacific is Canada's second-largest regional export market and trading partner. In 2024, Canada exported $22 billion worth of agriculture and agri-food products to the Indo-Pacific region, and it's a growing market. There are potential opportunities for Canada to grow its market share. Last year, agri-food and seafood exports represented nearly 29.6% of Canada's total merchandise exports to the Indo-Pacific region, being ranked as the largest sector for merchandise exports. On December 2, 2024, Canada and Indonesia signed a joint statement announcing the conclusion of negotiations for a Canada-Indonesia Comprehensive Economic Partnership Agreement (CEPA), and committed to sign the CEPA in 2025. Indonesia is a G20 country and Southeast Asia's largest economy. With a population of 279 million and GDP of close to $1.9 trillion in 2023, the Indonesian market holds significant potential for Canadian traders, investors, and service providers. Once concluded and in force, the ASEAN-Canada Free Trade Agreement (ACAFTA) will open new pathways for trade and investment between Canada and ASEAN member states, including the Philippines. For our agri-food sectors, it means expanded market access, reduced trade barriers, and a more predictable environment for businesses in Canada, the Philippines and our other ASEAN regional trading partners. Canada and the Philippines also launched exploratory discussions for a potential bilateral FTA that would build on the ACAFTA once in force, allowing for higher standards and the further elimination of tariffs and barriers to trade between Canada and the Philippines. World Food Expo (WOFEX) is the largest agri-food and beverages trade show in the Philippines. The four-day tradeshow attracts 51,000 visitors, including key agri-food stakeholders such as suppliers, importers, traders, distributors, retailers, food service operators, and the general public. In total there were 59 Canadian delegates from 33 companies, industry associations and provinces exhibiting this year at the expo. Additional Links Canada's Indo-Pacific Strategy Canada-Indonesia Comprehensive Economic Partnership Agreement Cereals Canada Soy Canada Protein Industries Canada Canada Beef Pulse Canada Canadian Pork Council Canadian Cattle Association ASEAN-Canada Free-Trade Agreement (ACAFTA) Association of Southeast Asian Nations (ASEAN) Canada Brand Follow us on Facebook, X, YouTube, Instagram, and LinkedIn Web: Agriculture and Agri-Food Canada SOURCE Agriculture and Agri-Food Canada Contacts: For media: Annie Cullinan, Director of Communications, Office of the Minister of Agriculture and Agri-Food, [email protected]; Media Relations, Agriculture and Agri-Food Canada, Ottawa, Ontario, 613-773-7972, 1-866-345-7972, [email protected]
Cision Canada
an hour ago
- Cision Canada
From Little Threads to Big Dreams: LILYSILK Celebrates 15 Years of Innovation, Sustainability, and Global Impact
NEW YORK, Aug. 8, 2025 /CNW/ -- LILYSILK, the world's leading silk brand dedicated to inspiring people to live spectacular, sustainable lives, proudly marks its 15th anniversary today under the theme " From Little Threads to Big Dreams." From its humble beginnings in 2010, LILYSILK has grown into a beloved global brand, known for its commitment to quality, innovation, and sustainable living. The brand's journey, from fine silk threads to expansive dreams, mirrors the stories of millions of customers who have embraced elegance, comfort, and purpose in their everyday lives. 15 Years of Growth: Rooted in Craft, Reaching the World At the heart of LILYSILK's success is an unwavering dedication to high-quality materials. From its signature Grade 6A mulberry silk to certified merino wool and cashmere, the brand continues to refine its craftsmanship. Today, LILYSILK products are backed by internationally recognized certifications, including OEKO-TEX, GOTS, GCS, and RWS, affirming its commitment to ethical sourcing and sustainability. Innovation is equally central to the brand's evolution. In addition to Grade 6A mulberry silk, merino wool, and natural cashmere, the brand has introduced forward-thinking fabrics such as the 7030 golden ratio blend, machine-washable silk, silk jersey, and a silk-wool blend. LILYSILK also actively redefines eco-conscious luxury through thoughtful collaborations. Recent capsule collections, featuring Hollywood stylist Elizabeth Stewart and British textile house Liberty Fabrics, infuse timeless style with modern sustainability. The company's longstanding participation in the Zero Waste Movement is visible in every detail, from FSC-certified packaging to a robust recycling program with TerraCycle ®, which has already repurposed over 2,700 silk and cashmere items into new materials. Offline, LILYSILK's first concept store opened in New York City's Meatpacking District earlier this year, with a second location set to debut this fall. These spaces aim to deliver an immersive brand experience that celebrates both craftsmanship and community. Looking Ahead: Celebrations, Purpose, and New Dreams As part of its 15th anniversary celebration, LILYSILK is rolling out a series of exclusive offers. From August 8, customers can enjoy 20% off orders over $299 and 25% off orders over $499. Orders over $499 will also include a limited-edition 15th Anniversary Lily Tote Bag. The brand is also doubling down on its mission to empower and uplift. As a Premier Partner of Dress for Success® Worldwide, LILYSILK will donate $15,000 in support of women's economic mobility. At the same time, the company is extending its partnership with National Breast Cancer Foundation, Inc.®, committing 20% of gross retail sales from its crossover collection, including a new sleepwear series launching this September, to breast cancer support. "As LILYSILK celebrates its 15th anniversary, we reflect on the journey and the people who shaped it," said David Wang, CEO of LILYSILK. "To our customers, partners, and tireless team: You turned a quiet spark into a global movement. As we enter the next chapter, we pledge to weave bolder dreams—where tradition meets innovation, sustainability is second nature, and silk continues to tell stories that reach beyond borders."
Globe and Mail
an hour ago
- Globe and Mail
FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Vestis
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Vestis Corporation ('Vestis' or the 'Company') (NYSE: VSTS) and reminds investors of the August 8, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Vestis' ability to grow its business; notably that Vestis would be unable to execute on planned strategic initiatives to drive purported improvements to the customer experience and its onboarding efforts in order to drive new customer growth, increased customer retention, and increased revenue from existing customers. On May 7, 2025, Vestis announced its financial results for the second quarter of fiscal 2025, withdrew its revenue and growth guidance for the full fiscal year 2025, and provided guidance for the third quarter of fiscal 2025 that fell significantly below market expectations. The Company attributed its poor results partially to 'lost business in excess of new business,' but primarily on 'lower adds over stops, which is how we describe volume changes with our existing customers.' The Company attributed its decision to pull full-year guidance and provide disappointing third quarter targets to the 'increasingly uncertain macro environment.' Following this news, the price of Vestis' common stock declined dramatically. From a closing market price of $8.71 per share on May 6, 2025, Vestis' stock price fell to $5.44 per share on May 7, 2025, a decline of about 37.54% in the span of just a single day. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Vestis' conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Vestis Corporation class action, go to or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
