Porsche expects $351 million tariff hit for April and May
FRANKFURT (Reuters) -Porsche expects a 300 million euro ($351 million) hit to results as a consequence of absorbing U.S. import…
Exclusive-TikTok prepares US app with its own algorithm and user data
By Krystal Hu NEW YORK (Reuters) -TikTok is preparing to launch a standalone app for U.S. users that is expected…
US tariffs on South Africa set to hit white farmers Trump has embraced
By Wendell Roelf CITRUSDAL, South Africa (Reuters) -U.S. President Donald Trump’s threatened 30% tariff on South African exports is set…
Tesla investors ask board to set date for overdue annual shareholder meeting
(Reuters) -A group of 27 major Tesla shareholders urged the electric automaker’s board on Wednesday to set a date for…
Meta takes around 3% stake in Ray-Ban-parent EssilorLuxottica, source says
By Elisa Anzolin and Juby Babu (Reuters) -Meta Platforms has acquired a nearly 3% stake in eyewear maker EssilorLuxottica, a…
US FTC demands better policing of ‘Made in USA’ online sales claims
By Jonathan Stempel (Reuters) -The U.S. Federal Trade Commission on Tuesday called on Amazon.com and Walmart to crack down on…
US farm secretary says ‘no amnesty’ for farmworkers from deportation
By Leah Douglas WASHINGTON (Reuters) -U.S. Agriculture Secretary Brooke Rollins said on Tuesday that there will be “no amnesty” for…
Trump says pharmaceutical tariffs could reach 200%
By Andrea Shalal and Michael Erman WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday said he plans to announce…
Tesla slides as Musk’s ‘America Party’ heightens investor worries
By Joel Jose and Arsheeya Bajwa (Reuters) -Tesla shares fell nearly 8% on Monday after CEO Elon Musk’s plans to…
Apple takes fight against $587 million EU antitrust fine to court
By Foo Yun Chee BRUSSELS (Reuters) -Apple took a challenge against EU regulators to Europe’s second highest court on Monday…