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Why US stock market surging big today on final day of April? Dow Jones, S&P 500 and Nasdaq all in green as Dow jumps record 500 points — Nvidia, Intel and Meta Platforms stocks crashUS stock market surging big today. Dow Jones, S&P 500 and Nasdaq rally as Dow jumps record 500 points. A powerful mix of blowout earnings, ...
Charting the Global Economy: IMF trims world growth projectionsThe International Monetary Fund has lowered its global growth forecast for 2026. This adjustment comes as the war in the Middle East has ca...
US to announce that Dutch chipmaker Nexperia's Chinese facilities will resume shipmentsThe White House is set to announce that Dutch chipmaker Nexperia's facilities in China will resume shipments. This development offers a sig...
Volkswagen's third-quarter sales lifted by Europe and EVsVolkswagen Group saw a slight rise in global car sales for the third quarter. New models boosted performance in Western Europe. However, sa...
European shares muted as rising autos, banks counter declining healthcare stocksAutomobiles gained 0.9%, with Milan-listed shares of Stellantis up 1.5% after the automaker said its global vehicle shipments rose 13% year...
European auto shares rally after US-Japan trade dealShares in major European carmakers rose on Wednesday, tracking a steep rally in some of their Asian rivals, after Tokyo struck a trade deal...
US tariffs help push Jeep owner Stellantis into massive lossJeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tari...
Ferrari reports 15% rise in Q1 earnings, confirms forecasts despite tariff risksFerrari reported a 15% increase in first-quarter core earnings, reaching 693 million euros, driven by pricier models and strong demand for ...
European shares down for third week after tariff whiplashEuropean stocks closed lower on Friday, concluding a volatile week marked by escalating trade tensions and fluctuating U.S. tariff policies...
European shares rise but head for third weekly decline on tariff woesEuropean stocks rose on Friday at the end of a volatile week that was dominated by erratic changes in tariffs by the United States and its ...
Volkswagen to add 'import fee' to cars sold in USVolkswagen plans to add an import fee to U.S. car prices to address the 25% tariffs imposed by President Trump. The automaker will also red...
Trump exempts some automakers from Canada, Mexico tariffs for one monthPresident Donald Trump exempted automakers from 25% tariffs on Canada and Mexico for one month, contingent on compliance with existing trad...
Jeep maker Stellantis delivers 12% fewer cars in 2024Global automaker Stellantis reported Thursday a stinging 12 percent drop in the number of vehicles it sold last year, with its key North Am...
Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping salesStellantis CEO Carlos Tavares is resigning after nearly four years. The company, which includes brands like Jeep and Citroen, is currently ...
Stellantis, the maker of Jeep and Citroen brands, plans to make India an EV export hubStellantis India CEO & MD Aditya Jairaj told PTI that the company will be the first 'multinational OEM' in India to achieve this feat (to e...
US imports of auto parts face scrutiny under law on Chinese forced labourUntil now, enforcement of a year-old U.S. law that bans the import of goods made in Xinjiang, China, has focused mainly on solar panels, to...
Mercedes expects double-digit growth in India in 2023 despite weak rupeeMercedes Benz's sales in India rose 41% last year to 15,822 cars, its highest ever in the country, and it has an order backlog of around 6,...
Rail strike threat dredges up new fears of US supply chain havocThe risk of a work stoppage has producers of everything from airplanes and autos to diapers girding for yet another shock that will only ad...
Several companies freeze operations as severe weather disrupts parts of USA rare deep freeze sweeping southern U.S. states reached the northern part of neighboring Mexico over the three-day Presidents Day holiday ...
Vroom vroom! Maserati's new super sports car MC20 hits Italian streets, electric version expected soonThe MC20 will launch with an internal combustion engine, with a full-electric version expected later.