Trump urged the EU to impose tariffs up to 100% on China and India to pressure Putin, a U.S. official and EU diplomat said.
U.S. job growth was weaker than thought: BLS cut 911K jobs from April 2024–March 2025, after already revising March 2024 down by 598K.
Ford is recalling 1.5M U.S. vehicles (2015–2019 models) over faulty rear-view cameras showing distorted or blank images, NHTSA said Tuesday.
German Chancellor Merz opened Munich's car show, vowing support for the auto sector facing U.S. tariffs, weak EU demand, EV shift, and China's price war.
Apple is set to unveil new iPhones, including a thinner "Air" model between the iPhone 17 and 17 Pro, plus minor Apple Watch and product updates.
Anglo American and Teck Resources will merge to form Anglo Teck, with Anglo owning 62.4% and Teck 37.6%. HQ in Canada, primary listing in London.
Novartis will buy Tourmaline Bio for $48/share ($1.4B). Tourmaline develops pacibekitug, a therapy targeting inflammation in atherosclerotic cardiovascular disease.
A top US bank regulator has issued new guidance to prevent banks from closing customer accounts based on political or religious bias.
Spain's BBVA launched a €14.8B hostile bid for Sabadell, aiming to form Spain's 2nd-largest bank with €1T in assets, just behind Caixabank.
German exports fell 0.6% in July, defying a forecasted 0.1% rise, while industrial output grew, data from the federal statistics office showed.
US may shift Samsung & SK Hynix China chip supply approvals to yearly "site licenses," replacing prior indefinite permits.
All major EU carmakers except Mercedes are set to meet 2025-27 carbon targets, driven by rising EV sales, says Transport & Environment report.
Standard Chartered now expects the Fed to cut rates by 50 bps this month after weak August jobs data showed slowing growth and unemployment at 4.3%.
Trump admin to expand immigration raids after Hyundai Georgia arrests, with border chief Tom Homan vowing tougher workplace enforcement.
ASML will invest €1.3B in Mistral AI's €1.7B raise, becoming top shareholder and gaining a board seat to boost Europe's tech sovereignty.
Broadcom secures $10B AI orders, sees strong 2026 growth. CEO Hock Tan, 73, commits to 5 more years. Shares jump 4% as investors back his leadership.
Trump announced tariffs on semiconductors from firms not moving production to the U.S., sparking market volatility and global trade concerns.
Airbus delivered 61 jets in August, totaling 434 for Jan–Aug, down 3% YoY, and confirmed a 90-aircraft order from lessor Avolon.
BMW CEO Oliver Zipse calls EU's 2035 combustion engine ban a "big mistake," urging focus on full supply chain emissions, not just tailpipe rules.
Paramount CEO David Ellison mandates 5-day office return Jan 2026, offers buyouts, with major layoffs looming as firm targets $2B in cost cuts.
Japan pledges $7B yearly U.S. energy buys, eyes Alaskan LNG deal. U.S. to keep lowest tariffs on Japanese drugs, semiconductors under new trade pact.
Citigroup will transfer $80 billion in client assets to BlackRock, outsourcing investment management to simplify its core wealth management operations.
T-Mobile projects $400M more in service revenue this quarter as it integrates customers from its newly acquired rival, UScellular, after the deal was approved.
GM is cutting EV output, halting production of two electric Cadillacs in December, as the Trump administration pulls federal support for green cars.