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…
RBC investors weigh growth plans as US trade feud worsens
By Nivedita Balu TORONTO (Reuters) -When Royal Bank of Canada convenes its first investor day in seven years on Thursday,…
BofA raises gold price forecasts for 2025, 2026
(Reuters) – Bank of America (BofA) has raised its gold period average forecasts for this year and next, while highlighting…
US oil, gas activity rose in first quarter, but energy execs wary of tariffs, Dallas Fed says
By Curtis Williams and Georgina McCartney HOUSTON (Reuters) – U.S. oil and gas activity increased slightly in the first quarter,…
Rivian spin-off Also reveals it will make lightweight electric vehicles
By Akash Sriram (Reuters) – Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive…
Top EU official expects Trump tariffs of about 20%, FT reports
(Reuters) – The European Union’s top trade negotiator Maroš Šefčovič expects U.S. President Donald Trump to hit the bloc with…
Merck buys rights to heart disease drug in latest China deal
By Sriparna Roy (Reuters) -Merck has signed a licensing agreement for a heart disease drug with Jiangsu Hengrui Pharmaceuticals worth…
Alibaba says to restart hiring, sees signs of start of AI bubble in the US
By Kane Wu and Selena Li HONG KONG (Reuters) -Alibaba Group Chairman Joe Tsai said on Tuesday the tech giant…