By Zaheer Kachwala (Reuters) – Rivian reported a 36% decline in first-quarter deliveries on Wednesday, as the electric-vehicle maker grapples…
Tesla quarterly sales plunge as Musk backlash grows
By Akash Sriram and Abhirup Roy (Reuters) -Tesla’s quarterly sales plunged 13% to the weakest in nearly three years, hurt…
PIMCO steps up private lending to emerging market governments
By Yoruk Bahceli LONDON (Reuters) – Bond giant PIMCO has privately lent nearly $6 billion to emerging market borrowers, mostly…
Trump to consider final TikTok proposal on Wednesday, CBS News reports
(Reuters) – U.S. President Donald Trump will consider on Wednesday a final proposal related to TikTok, CBS News reported on…
Toyota says it will maintain operations despite US tariffs
TOKYO (Reuters) – Toyota will keep running its operations as it has been and focus on bringing down fixed costs,…
Exclusive-Brookfield nears $9 billion-plus deal for Colonial Pipeline, sources say
By David French (Reuters) – Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline,…
Gold stocks in Comex warehouses on track to hit new records over coming days
By Polina Devitt LONDON (Reuters) – Gold stocks in Comex warehouses are on track to hit new records over the…
China’s Xi to meet with BMW, Mercedes, Qualcomm CEOs, sources say
SHANGHAI (Reuters) – The global heads of German automakers BMW and Mercedes, as well as chip giant Qualcomm are among…
Investors react to Trump announcement of auto tariffs
(Reuters) – U.S. President Donald Trump said late on Wednesday that the United States will effectively charge a 25% tariff…
Chinese electric truck maker Windrose lifts fundraising goal to $300 million, source says
SHANGHAI (Reuters) – Chinese electric truck startup Windrose is increasing its final round of funding to $300 million, a person…