Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says
(Reuters) – European and American carmakers are set to lose up to 17% of their combined annual core profits if…
2024
Taylor Swift fans turn out early for book launch at Target
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) CHICAGO/NEW YORK/NORTH BERGEN, N.J. -Taylor Swift fans and their parents lined up…
Jobs data set to pave way for rates path, stocks
By Lewis Krauskopf NEW YORK (Reuters) – The coming week will give investors a fresh view into the health of…
BlackRock, State Street, Vanguard sued by Republican states over climate accords
(Reuters) -BlackRock, State Street and Vanguard have been sued by Texas and 10 other Republican-led states, which said the large…
Stellantis to halt production in Turin in December due to weak demand for Fiat 500 EV
MILAN (Reuters) -Stellantis will again halt auto production at its historic Italian Mirafiori plant from Dec. 2 to Jan. 5…
Walmart-backed Symbotic plummets 35% on delayed annual filing, financial reporting concerns
(Reuters) – Shares of warehouse automation firm Symbotic slumped more than 35% in early trading on Wednesday after the Walmart-backed…
US oil firms unlikely to go ‘drill, baby, drill’ under Trump, says Exxon executive
By Ron Bousso and Robert Harvey LONDON -U.S. oil and gas producers are unlikely to radically increase production under president-elect…
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
HANOI (Reuters) – Vietnamese electric vehicle (EV) manufacturer VinFast on Tuesday reported a smaller $550 million net loss for the…
U.S. trade partners warn Trump tariffs would harm all involved
(Reuters) – Officials from Mexico, Canada and China warned U.S. President-elect Donald Trump’s threat of imposing hefty tariffs on goods…
Analysts react to Trump’s threat of North American tariffs
By Sarah Morland MEXICO CITY (Reuters) – Financial analysts on Tuesday reacted to a threat from U.S. President-elect Donald Trump…