(Reuters) – U.S. President Donald Trump said late on Wednesday that the United States will effectively charge a 25% tariff…
Trump’s auto tariffs will hit many companies, but Elon Musk’s Tesla less so
By Akash Sriram and Arsheeya Bajwa (Reuters) -As the global auto world reeled from the potential fallout of Donald Trump’s…
Car-carrying ships send added cargo to US ahead of looming tariffs
By Victoria Waldersee BERLIN (Reuters) – Car-carrying ships have sent more cargo from Europe and China, Japan and Korea to…
Hedge funds short Nvidia, Tesla and AMD, Morgan Stanley says
By Carolina Mandl NEW YORK (Reuters) -Hedge funds are increasingly betting against stocks, with Nvidia, Advanced Micro Devices and Tesla…
BlackRock launches new model portfolio to further private market push
(Reuters) – BlackRock has launched its first model portfolio blending private and publicly traded assets, it said on Wednesday, as…
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…
Trump sets Wednesday press conference for auto tariffs, White House says
(Reuters) -U.S. President Donald Trump plans to hold a press conference on Wednesday afternoon to announce tariffs on automobile imports,…
X to report first annual ad revenue growth since Musk’s takeover, data shows
By Jaspreet Singh (Reuters) – Elon Musk-owned social media platform X is poised for the company’s first year of advertising…
Top traders see oil market well supplied, soft prices this year
By Robert Harvey and Dmitry Zhdannikov LAUSANNE (Reuters) -Executives from the world’s top commodity trading houses expect a well-supplied oil…
Alphabet’s Waymo aims for 2026 self-driving ride-hailing launch in Washington, D.C
By David Shepardson WASHINGTON (Reuters) – Alphabet’s self-driving unit Waymo said on Tuesday it aims to launch its fully autonomous…