Global automakers are dialling back profit forecasts and suspending guidance as tariff tensions, weakening margins from electric vehicles, and mounting global competition cast a shadow over the industry’s near-term prospects.From Volkswagen and Mercedes-Benz to Stellantis and Aston Martin, companies are warning that US trade policy under President Donald Trump, combined…
Heavy tariffs are poised to drastically reduce China’s used cooking oil exports to the United States, its main buyer,…
Thailand’s economy started the year with optimistic growth forecasts, but the story quickly turned gray.Almost halfway through the year,…
After prolonged struggles with declining sales and fading customer loyalty, Starbucks is on a mission to return to the…
A massive power outage in Spain and Portugal threw daily life into chaos on Monday. Public transport systems ground…
Brazil’s central bank leadership on Monday reaffirmed the need for a cautious, data-driven approach to monetary policy, despite stubborn…
Mexico’s economy is set for near-stagnation this year, according to a Reuters poll, as fresh tariffs from the United…
The way Americans pay for everyday necessities appears to be shifting, with a growing number turning to installment plans…
Gold prices are currently stuck in a range around $3,300 per ounce as the market awaited impetus for the…