Volvo will increase its investment in a truck factory in Nuevo Leon, Mexico, to $1 billion, with construction costs for the Monterrey site rising.
Macron urged European companies to halt planned investments in the U.S. after Trump announced global tariffs, calling for clarity on the situation.
The EU and U.S. must de-escalate their trade dispute, leaving wine and spirits untouched, says Florent Morillon, warning of market share loss for the Cognac industry.
The U.S. trade deficit narrowed 6.1% to $122.7B in February, but high imports continued as businesses rushed to avoid tariffs, affecting Q1 economic growth
Trump's approval rating dropped to 43%, the lowest since his return, due to dissatisfaction with tariffs and the Yemen military strike, a Reuters/Ipsos poll showed.
Nike, Adidas, and Puma shares dropped after Trump imposed new tariffs on key sourcing markets, including Vietnam, Indonesia, China, and others, raising rates significantly.
Tesla's Q1 sales dropped 13%, the lowest in nearly three years, hit by Musk's politics, rising competition, and delays in launching new models like the Model Y.
South Korea's acting President Han Duck-soo urged talks with the U.S. to protect the economy from tariffs and ordered emergency support for businesses.
Tim Stokely's startup, Zoop, has partnered with the Hbar Foundation to submit a plan to acquire TikTok from ByteDance, sending their bid to the White House.
The latest U.S. trade tariffs could weaken a fragile global economy, already hit by inflation, debt, and geopolitical issues, possibly marking a shift in globalization.
ECB's Christine Lagarde warned that Trump's planned tariffs will have a global negative impact, with the extent depending on their scope, duration, and negotiations.
Switzerland has expanded export controls on dual-use goods, including quantum computing, AI, and semiconductors, to stay aligned with international standards and future tech.
German plant and equipment makers' orders rose 8% in February, driven by strong domestic demand. Orders from Germany increased 11%, while foreign orders grew 7%.
Ryanair flew 200.2 million passengers in its fiscal year, making it the first European airline to hit that mark, but cut next year's forecast due to Boeing delays.
Nike may face higher costs if U.S. tariffs target Vietnam, where it makes 50% of footwear and 28% of apparel, potentially raising prices or impacting margins.
Mercedes-Benz is stockpiling inventory in the U.S. ahead of April 3 tariffs, but is unsure on price hikes, noting the 25% tariff could cut margins by 2.5%.
Hyundai warns U.S. dealers that vehicle prices may rise after April 2 due to new 25% tariffs, potentially adding $3,000 to U.S.-made cars and $6,000 to imports.
Shell has sold its Energy and Chemicals Park in Singapore to CAPGC, a joint venture between Chandra Asri and Glencore, as part of its business restructuring.
Argentina's foreign minister meets U.S. Secretary of State Marco Rubio to discuss a trade deal ahead of Trump's planned tariffs on April 2, "Liberation Day."
LG Energy Solution's U.S. unit will acquire its Michigan EV battery venture with GM for $2B, with the deal set to close on May 31, pending due diligence.
Tesla's sales in France and Sweden fell for a third straight month in March, marking the lowest first-quarter figures since 2021, amid controversy over Musk's politics.
Volvo Car reappointed Hakan Samuelsson as CEO to navigate U.S. tariffs and the shift to electric vehicles, according to analysts and investors.
OpenAI plans to raise up to $40B in funding led by SoftBank at a $300B valuation to boost AI research, infrastructure, and tools, with $10B in April and $30B in December.
A Japanese government report warns a megaquake off the Pacific coast could cause $1.81 trillion in damage, nearly half of GDP, with up to 300,000 deaths.