VW may avoid 25% Trump tariff, but BMW and others face trade levy
A logo of Volkswagen is seen inside a car dealer in Nijmegen, Netherlands, on February 26, 2025. REUTERS Companies Volkswagen AG Follow Bayerische Motoren Werke AG Follow Mazda Motor Corp Follow Mercedes Benz Compania Financiera Argentina SA Follow Mercedes-Benz Group AG Follow DETROIT, (Reuters) – Volkswagen (VOWG_p.DE), said on Thursday that […]
China’s January-February exports, imports weaker than expected
A tractor trailers is seen at the container terminals at Kwai Chung, in Hong Kong, China March 6, 2025. REUTERS BEIJING, March 7 (Reuters) – China’s exports in the January-February period increased just 2.3% year-on-year by value, while imports unexpectedly contracted 8.4%, customs data showed on Friday. A Reuters poll of economists had forecast a […]
Nasdaq confirms correction amid US trade policy uncertainty
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2024. REUTERS Summary Tesla drops after bearish brokerage view, report says Kroger rises on upbeat annual sales forecast Weekly jobless claims stand at 221,000 Indexes off: […]
Exclusive: US to levy fees on China-linked ships, push allies to do likewise, draft executive order says
Cargo ships full of shipping containers are seen at the port of Oakland, as trade tensions escalate over U.S. tariffs, in Oakland, California, U.S., March 6, 2025. REUTERS Summary Order aims to impose fees on Chinese-built or flagged ships that dock in U.S. ports U.S. to engage partners, allies […]
Global aluminium producer seeks Q2 premium of $260/T from Japan buyers, sources say
Aluminium ingots are seen outside a warehouse that stores London Metal Exchange stocks in Port Klang Free Zone, outside Kuala Lumpur, March 23, 2015. REUTERS TOKYO, March 6 (Reuters) – A global aluminium producer has sought a premium of $260 per metric ton from Japanese buyers for April-June primary metal shipments, up 14% from the […]
Goldman Sachs raises 2025 economic growth forecast for Germany, Euro area
The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS March 6 (Reuters) – Goldman Sachs raised its economic growth forecast for Germany this year, citing the prospect of increased military and infrastructure spending, and also upgraded […]
South Korea air force jet accidentally drops bombs on homes, injuring eight
Summary Eight Mk82 bombs fell outside designated area, Air Force says Residents have protested about military drills for years The drills linked to upcoming South Korea-US joint exercises POCHEON, March 6 (Reuters) – Eight people were injured in South Korea on Thursday after bombs dropped by an Air Force […]
Hong Kong’s top court quashes convictions of pro-democracy Tiananmen group
Vice-chairwoman of Hong Kong Alliance in Support of Patriotic Democratic Movements of China, Chow Hang-tung, speaks to the media before facing charges related to an illegal vigil assembly commemorating the 1989 Tiananmen Square crackdown last year, in Hong Kong, China June 11, 2021. REUTERS HONG KONG, March 6 (Reuters) – Hong Kong’s top court unanimously […]
CCI approves the proposed acquisition of up to 72.8% shareholding of Orient Cement Limited by Ambuja Cements Limited
The Competition Commission of India has approved the proposed acquisition of up to 72.8% shareholding of Orient Cement Limited by Ambuja Cements Limited. Ambuja Cements Limited (Acquirer) is engaged in the manufacture and sale of grey cement, including Ordinary Portland Cement (OPC), Pozzolona Portland Cement (PPC), and Pozzolona Composite Cement (PCC). The Acquirer (including its subsidiaries) […]
Judge rejects Musk’s bid to block OpenAI’s for-profit transition
OpenAI logo is seen in front of Elon Musk photo in this illustration taken March 11, 2024. REUTERS (Reuters) – A U.S. court on Tuesday denied billionaire entrepreneur Elon Musk a preliminary injunction he was seeking against ChatGPT-maker OpenAI’s efforts to convert into a for-profit firm. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California […]