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Rivian deliveries decline sharply as tariffs hit demand

(Reuters) -Rivian Automotive reported a sharp fall in second-quarter deliveries on Wednesday, as demand for its electric vehicles takes a hit from stiff competition and tariff-driven economic uncertainty. Trade tariffs imposed by U.S. President Donald Trump have led to a surge ...
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Mexico peso set to slip after expiry of US tariff hike freeze: Reuters poll

By Gabriel Burin BUENOS AIRES (Reuters) -The rallying Mexican peso is set to slip in the coming months after a temporary freeze on U.S. tariff hikes against other countries expires next week, a Reuters poll showed. This would end a run-up that brought the currency to ...
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Award-winning international correspondent launches a new journalism platform

NEW YORK (AP) — Jane Ferguson has won awards for unflinching reporting from dangerous lands including Afghanistan, Somalia and Yemen. So she was unlikely to be intimidated by seeking financing for a new journalism platform, despite tough times for the news industry. “It’s very high ...
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Photos show Elon Musk and President Donald Trump’s relationship before their feud reignited

Elon Musk’s feud with President Donald Trump has reignited, with the tech billionaire threatening to launch a new political party and Trump suggesting Musk could be punished for his opposition. This is a photo gallery curated by AP photo editors. Brought to you by www.srnnews.com
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Analysis-Emerging market debt sale surge defies global turmoil amid signs of de-dollarisation

By Libby George and Federico Maccioni LONDON/DUBAI (Reuters) -Emerging market debt sales boomed in the first half of the year, defying tariff tantrums, missile attacks and gyrating oil prices, on track for another year of records – and with nascent signs of a shift away ...
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Maersk estimates effective US tariffs average 21% currently

COPENHAGEN (Reuters) -Maersk estimates companies pay effective U.S. import tariffs of on average 21% relative to container load, the Danish shipping group said on Wednesday, less than half the rate before Washington paused its sweeping tariffs in April. Maersk said in a regular global market ...
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U.S. dollar to stay under pressure from tariff, debt and rate cut expectations

By Sarupya Ganguly BENGALURU (Reuters) -The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of mounting U.S. debt concerns, erratic tariff policies and rising interest rate cut expectations. Growing unease over President Donald Trump’s ...
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Nvidia reclaimed market value pole position in June

(Reuters) -Nvidia reclaimed the top spot among the most valued companies worldwide in June, as its shares were supported by renewed optimism over its leadership in artificial intelligence and expectations of surging demand for its AI chips. The chipmaker’s market value stood at $3.86 trillion ...
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US open to ‘creative solutions’ on pharma trade with EU, Irish minister says

By Conor Humphries DUBLIN (Reuters) -U.S. Trade Representative Jamieson Greer made clear in a meeting with Irish Trade Minster Simon Harris last month that Washington was open to “creative solutions” on pharmaceutical trade between the U.S. and European Union, Harris said on Wednesday. “He made it ...
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Edmunds: What you need to know about rising used car prices

If you’re shopping for a used car this summer, you may have noticed something frustrating: Prices are climbing again. According to the latest Edmunds’ Used Car Report, the average transaction price for a 3-year-old used vehicle has reached $30,522. That’s up 2.3% from the ...
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Analysis shows Trump’s tariffs would cost US employers $82.3 billion

WASHINGTON (AP) — An analysis finds that a critical group of U.S. employers would face a direct cost of $82.3 billion from President Donald Trump’s current tariff plans, a sum that could be potentially managed through price hikes, layoffs, hiring freezes or lower profit ...
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Netflix holds talks with Spotify to expand live TV content, WSJ reports

(Reuters) -Netflix has held talks with Spotify to partner on projects such as music award shows or live concert series as part of its live TV push, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The company has also discussed ...
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