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Mercedes-Benz Warns of Uncertainty Amid Market Turmoil — 2nd Update
Trump recently slapped a 25% tariff on automotive imports into the U.S. but on Tuesday tried to soften the impact by announcing that manufacturers paying his automotive tariffs wouldn't stack on top ...
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China's Xi Steps Up Calls for New Growth Drivers as Tariffs Dent Economy
Developing new growth drivers needs to take on greater urgency, Chinese President Xi Jinping told national leaders as U.S. tariffs start to take a toll on China's economy.
Logitech's Operations Look Ready for Tariff War
Logitech, based in Switzerland, is a leader in computer peripherals such as mice, keyboards, and webcams. The company has expanded from being primarily a standard mouse and keyboard producer to new ...
North American Morning Briefing: Stock Futures Fall, Economic Growth Likely to Take a Hit
The move echoes efforts by the administration to find financial upsides for its foreign-policy moves in places like Ukraine and Gaza, and follows a multiweek bombing campaign by the U.S. aimed at ...
Volkswagen Warns U.S. Tariffs Could Weigh on Outlook — 3rd Update
Volkswagen posted 2.19 billion euros in after-tax profit for the three months to the end of March, down nearly 41% on year and below analysts' forecast of 2.24 billion euros, according to consensus ...
Wine 'Super Group' Takes on Global Vintners With Former Pernod Ricard Assets
Paris-based wine and spirits seller Pernod Ricard completed the sale of a wine portfolio including the Jacob's Creek and Campo Viejo brands to AWL on Wednesday. AWL--a consortium of investors ...
Thai Central Bank Cuts Rates to Support Economy Amid Uncertainty — Update
The Thai central bank cut its benchmark rate and flagged the possibility of slower economic growth, as ongoing global uncertainties cloud the Southeast Asian nation's outlook. The Bank of Thailand's ...
Eurozone Economy Picks Up Pace Ahead of Tariff Disruption — 2nd Update
The 20-nation eurozone's economy expanded 0.4% on quarter in the three months to March, faster than the 0.2% pace of the final quarter of 2024, the European Union's statistics agency Eurostat said ...
Stellantis and Mercedes-Benz withdraw guidance as VW says it can't quantify tariff hit
The White House on Tuesday announced its latest tariff policy change, preventing automakers that have been assessed a 25% tariff from facing tariffs on other products like steel. It's also temporarily ...
U.K. Sells 4.5 Billion Pounds in March 2028 Gilt
The U.K's Debt Management Office sold 4.5 billion pounds ($6.03 billion) in March 2028-dated gilts at an auction on Wednesday, it said. The following are results of the auction, with amounts in pounds ...
My father is giving me $250K to buy a home, but told me not to tell my two siblings. Am I morally obligated to tell them?
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