Today: May 18, 2024
Today: May 18, 2024

Business

Toyota repeatedly halted Mexico plant after suppliers hit by worker shortage, sources say

Toyota Motor was forced to repeatedly halt production at a Mexico plant in February and March after local labour shortages snarled output at suppliers, according to

Toyota repeatedly halted Mexico plant after suppliers hit by worker shortage, sources say

Russia and China to sign Power of Siberia-2 gas pipeline contract 'in near future', says Novak

Russia and China expect to a sign a contract "in the near future" on the Power of Siberia-2 gas pipeline, which will carry Russian gas to China, Russian Deputy Prime Minister

Russia and China to sign Power of Siberia-2 gas pipeline contract 'in near future', says Novak

Take Five: The good, the bad and the ugly

Markets are hoping for evidence that will solidify a brightening global economic outlook, though rising trade tensions are casting a cloud, while G7 finance ministers gather in Italy.

Take Five: The good, the bad and the ugly

BHP needs to bid about 32 pounds a share for Anglo, JPMorgan says

BHP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets, JPMorgan analysts said in a note.

BHP needs to bid about 32 pounds a share for Anglo, JPMorgan says

TV companies flaunt ad tech and AI to persuade advertisers to spend

Television "upfront" advertiser presentations this week in New York City were hardly about TV at all.

TV companies flaunt ad tech and AI to persuade advertisers to spend

India bond traders hanker for short-term borrowing cuts as buybacks fail

Most Indian bond traders are looking for a cut in the government's short-term borrowing as a better way to regulate banking system liquidity after two

India bond traders hanker for short-term borrowing cuts as buybacks fail

NY Fed announces launch of new supply chain pressure metrics

The Federal Reserve Bank of New York is bolstering its data offerings tracking the state of supply chains.

NY Fed announces launch of new supply chain pressure metrics

Morning bid: Dow flirts with 40k, China fights homes bust

A look at the day ahead in U.S. and global markets from Mike Dolan After a week of worldwide stock market records, Friday seems set for a breather - with attention switching to the deepening Chinese

Morning bid: Dow flirts with 40k, China fights homes bust

Microsoft to release next 'Call of Duty' game on subscription service, source says

By Peter Frontini and Yuvraj Malik (Reuters) -Microsoft plans to release the coming installment of the "Call of Duty" videogame to its subscription service, in a departure from its longtime practice

Microsoft to release next 'Call of Duty' game on subscription service, source says

Bank of America to buy WaFd's multi-family loan portfolio for $2.9 billion

(Reuters) -Washington Federal Bank agreed on Friday to sell a portfolio of commercial multi-family real estate loans to Bank of America for about $2.9 billion, helping the regional lender cut its

Bank of America to buy WaFd's multi-family loan portfolio for $2.9 billion

Factbox-China pledges $138 billion in extra funding to shore up indebted property sector

China on Friday announced "historic" steps to stabilise the crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding

Factbox-China pledges $138 billion in extra funding to shore up indebted property sector

Putin calls U.S. tariffs on Chinese electric vehicles 'unfair competition'

Russian President Vladimir Putin said on Friday during a visit to China that U.S. tariffs on Chinese-made electric vehicles were an example of unfair competition.

Putin calls U.S. tariffs on Chinese electric vehicles 'unfair competition'

VW and Renault end talks to develop affordable EV, sources say

By Gilles Guillaume and Christina Amann PARIS/BERLIN (Reuters) -Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car, four sources

VW and Renault end talks to develop affordable EV, sources say

Putin says oil pipeline could run alongside planned new gas link to China

Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on Friday.

Putin says oil pipeline could run alongside planned new gas link to China

BlackRock in talks with governments about investments to power AI

BlackRock is in talks with various governments over ways to fund critical investments to support artificial intelligence (AI), including increasing the power supply, the CEO of the

BlackRock in talks with governments about investments to power AI

Endeavor's $13 billion deal highlights push to sidestep minority shareholders

By Anirban Sen and Tom Hals (Reuters) -Endeavor Group's decision to deny minority shareholders the ability to veto a $13 billion deal to take the entertainment conglomerate private is the latest

Endeavor's $13 billion deal highlights push to sidestep minority shareholders

Mercedes workers in Alabama reject union, dealing setback to UAW

By Nora Eckert VANCE, Alabama (Reuters) -U.S. workers at a Mercedes-Benz plant in Alabama handed a stinging loss to the United Auto Workers on Friday, rejecting the union in a vote it had expected

Mercedes workers in Alabama reject union, dealing setback to UAW

Goldman Sachs looks to expand private equity credit lines as dealmaking picks up

U.S. investment bank Goldman Sachs is muscling into the lending market for private equity and asset managers, planning an overseas expansion as it helps fill a void

Goldman Sachs looks to expand private equity credit lines as dealmaking picks up

Weaker loonie may not deter Bank of Canada diverging from the Fed

The Bank of Canada would be willing to cut interest rates three times ahead of the Federal Reserve's first move before a declining currency threatens to endanger

Weaker loonie may not deter Bank of Canada diverging from the Fed

The unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring

The CEO of the Ram and Dodge brands and the unofficial voice of American muscle cars is retiring from Stellantis after nearly 32 years

The unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring

Federal judge hears challenges to NYC’s fee for drivers into Manhattan

New York’s first-in-the-nation plan to levy a hefty toll on drivers entering Manhattan was the focus of a legal battle that played out in federal court

Federal judge hears challenges to NYC’s fee for drivers into Manhattan

UK watchdog decides not to investigate Microsoft's AI partnership with France's Mistral

British regulators say they don’t need to open a competition investigation into Microsoft’s partnership with French artificial intelligence company Mistral, a month after asking for industry feedback on the deal

UK watchdog decides not to investigate Microsoft's AI partnership with France's Mistral

Messi napkin that sealed Barcelona move sells for $965,000 at auction

British auction house Bonhams says the famous napkin that linked a young Lionel Messi to Barcelona has sold for $965,000

Messi napkin that sealed Barcelona move sells for $965,000 at auction

History says tariffs rarely work, but Biden’s 100% tariffs on Chinese EVs could defy the trend

The early timing of Biden’s move, changing supply chains and national security fears suggest the tariffs might work this time, at least for a while.

History says tariffs rarely work, but Biden’s 100% tariffs on Chinese EVs could defy the trend

OpenAI, Reddit teaming in deal that will bring Reddit's content to ChatGPT

OpenAI and Reddit are teaming up in a deal that will bring the social media platform’s content to ChatGPT

OpenAI, Reddit teaming in deal that will bring Reddit's content to ChatGPT
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