Clear 39°. Wind Chill: 35°. Wind: E 7 mph.
Loading advertisement…
Trending: Illinois’ safe gun storage law goes into effect Jan. 1
HomeNewsNationalBusiness ( Page 349)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

Instant View: Anglo, Teck forge $53 billion mining giant in bet on surging copper demand

(Reuters) -London-listed Anglo American and Canada’s Teck Resources will merge in a $53 billion deal, the companies said on Tuesday, the biggest mining tie-up in more than a decade. The new company, Anglo Teck, will be based in Canada with a primary listing in London, ...
by

Anglo American’s path to $53 billion Teck Resources merger

(Reuters) – London-listed miner Anglo American said on Tuesday it has agreed a merger with Canada’s Teck Resources, in what would be the biggest mining sector M&A deal in over a decade. Both companies have been at the centre of takeover ...
by

HSBC sees gradual unwinding of OPEC+ voluntary cuts over next year

(Reuters) – HSBC’s latest oil market supply and demand model envisions OPEC+ gradually unwinding 1.65 million barrels per day in “first-phase” voluntary production cuts over a 12-month period, the bank said in a note on Tuesday. The bank’s oil market model ...
by

Factbox-Anglo American and Teck Resources’ key mining assets

(Reuters) – London-listed miner Anglo American said on Tuesday it has agreed to a merger with Canada’s Teck Resources, in what would be the biggest mining sector M&A deal in over a decade. Below are details of their key operations: Both Anglo ...
by

‘The party is over’ as European carmakers face tariffs and a price war in China

By Christoph Steitz and Rachel More MUNICH (Reuters) -Whisper it quietly, but beneath the buzz of shiny new car models and bright lights at Europe’s largest car show, the industry sector is worried that their party is over. Prices and profits in key market China are ...
by

Vietnam exports to U.S., imports from China fall in August after tariffs take effect

HANOI (Reuters) -Vietnam’s exports to the United States fell 2% in August from July to $13.94 billion, Vietnamese customs data showed on Tuesday, as a tariff of 20% on shipments to the United States took effect. Imports from China also fell 2% in August from ...
Loading advertisement…
by

India, EU push to close gaps in trade talks as year-end deadline looms

By Philip Blenkinsop and Manoj Kumar BRUSSELS/NEW DELHI (Reuters) -India and the European Union are holding potentially decisive trade negotiations in New Delhi this week, seeking to resolve differences over agriculture, dairy and non-tariff barriers to meet an ambitious end of year deadline for a ...
by

Germany should be leading, not trailing, auto sector in future, Merz says

MUNICH (Reuters) -Germany should lead the charge in the sector’s push towards electric mobility and not risk falling behind as Asian rivals and trade barriers make it harder for the country’s automakers to compete, Chancellor Friedrich Merz said on Tuesday. In a speech marking the ...
by

China’s luxury automaker Hongqi to launch 15 models in Europe by 2028

By Nick Carey MUNICH (Reuters) -Chinese luxury automaker Hongqi said on Tuesday that it would launch 15 electric and hybrid models in Europe by 2028 across 25 different markets as it also unveiled the EHS5, a compact electric SUV. Hongqi, or Red Flag, known ...
by

Toyota to consolidate Lexus production sites in US, Nikkei says

TOKYO (Reuters) -Toyota Motor will consolidate production of its luxury Lexus brand cars in the United States into a single location from two in the face of high tariffs imposed by the Trump administration, the Nikkei reported on Tuesday. The report said the move is ...
by

US stock futures muted ahead of payroll benchmark revision

(Reuters) -U.S. stock index futures were subdued on Tuesday after the major indexes posted near-record closing highs in the previous session and investors remained cautious ahead of an impending employment rate revision. A preliminary estimate of the nonfarm payrolls benchmark published by the Bureau of ...
by

Apple event expected to feature a slimmer iPhone as pricing, AI questions linger 

By Stephen Nellis and Aditya Soni CUPERTINO, California (Reuters) -Apple on Tuesday is expected to unveil a new lineup of iPhones, including a thinner “Air” model that could be a precursor to a folding phone next year. The slimmed phone, which analysts said is likely to ...
First Previous345346347348349350351352353Next Last