Volkswagen is recalling 208,724 vehicles in the United States including certain Tiguan, Atlas, and Audi Q3 models, due to a steering rack mounting bolt that could corrode, break, and cause a loss of steering control.
The Bank of Japan raised its policy rate by 25 bps to a 31-year high of 1.25%, with further hikes possible as policymakers counter a weak yen and inflation.
Canadian Prime Minister Mark Carney secured an EU offer for Canada to become the bloc's first associate member amid trade tensions with the United States, though deep North American defense ties and unresolved trade disputes present sharp limits to a transatlantic pivot.
Emirates is considering converting its entire order of 35 Boeing 787 Dreamliners into additional 777X aircraft due to persistent delivery delays, with a final decision expected within the next two months.
Lockheed Martin received its first delivery of Patriot interceptor housing components from General Motors just 22 days after signing a production agreement, tapping the automaker's manufacturing capacity to accelerate output of PAC-3 MSE missiles.
Donald Trump urged Xi Jinping to curb drug precursor chemical exports ahead of their Washington summit, designating China as the top global source.
Volvo Cars plans to launch 13 new electric and hybrid models by 2030 and deepen sourcing ties with parent Geely to boost its EBIT margin above 8% from 3.5% in 2025.
Amazon.com is raising the minimum hourly pay for eligible full-time U.S. operations workers by $1 to $20, pushing total average compensation past $32 an hour with benefits alongside a new credit union banking perk.
Volkswagen is reviewing the future of its Spanish marque Seat beyond 2030, positioning the low-cost unit to potentially become the first major legacy brand casualty of surging Chinese automaker competition.
Guangzhou Automobile Group (GAC) plans to acquire part of FAW Group's stake in FAW Toyota, pointing toward a consolidation of Toyota's dual joint-venture operations amid intense domestic EV competition and industry overcapacity.
Labour representatives at German auto parts maker Bosch called for European Union regulations to protect domestic production and stem industry layoffs as European carmakers face rising costs and stiff competition from Chinese electric vehicle makers.
Apple is considering using Nvidia's NVLink Fusion networking technology to connect its planned M8 Ultra chips in an enterprise AI inference server expected by 2029.
UniCredit CEO Andrea Orcel wants Commerzbank CEO Bettina Orlopp and Chairman Jens Weidmann replaced, as the Italian bank pushes forward with its €1.3 trillion takeover bid.
The Bank of Japan is set to raise its policy interest rate by 25 bps to 1.25% on Friday, moving rates into neutral territory as policymakers confront inflation risks driven by high oil costs and a weak yen.
British headline inflation accelerated to a five-month high of 3.1% in August driven by surging energy and airfares, though stable core (2.6%) and services (3.4%) inflation are expected to keep the Bank of England on hold Thursday.
The Federal Reserve is widely expected to raise its benchmark rate by 25 bps to 3.75%–4.00% on Wednesday, marking its first rate increase under Chair Kevin Warsh amid stubborn core inflation and $100-plus oil.
Brent crude climbed to $107.55 and WTI rose to $103.27 on Tuesday as ongoing outages on Saudi Arabia's East-West pipeline and fresh regional attacks stoked supply disruption concerns.
A Taiwanese union representing Micron workers warned it may initiate a strike vote if the chipmaker fails to propose a permanent profit-sharing system allocating 15% of operating profit to employees by September 21.
Arizona sued L'Oreal for allegedly concealing cancer risks tied to chemical hair relaxers, becoming the first state to take legal action alongside more than 12,000 pending individual lawsuits.
Tesla has incorporated Tesla Motors Vietnam in Ho Chi Minh City with $3 million in charter capital, marking its formal retail and distribution entry into the Southeast Asian EV market.
Michael Dell's DFO Management and Sequence Holdings are in advanced talks to take Baldwin Insurance private for $7.7B.
Oracle co-founder Larry Ellison has canceled a trading plan to sell up to 50 million shares worth approximately $7.5 billion, with the company stating no stock was sold.
Boeing and its union reached a tentative four-year deal offering 17,000 engineers a 10% raise this October, averting a potential strike set for October 7.
Nvidia is in talks to invest up to $10 billion as an anchor investor in Anthropic's upcoming IPO, which aims to raise up to $100 billion at a $2 trillion valuation.