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Day: June 2, 2025
Toyota Industries to accept Toyota Group’s $42 billion offer, Nikkei reports
(Reuters) -Toyota Industries is expected to accept the $42 billion takeover bid by the world’s biggest automaker Toyota Motor Corp and other group companies as
Explainer-The reality of Trump’s steel and aluminium tariffs
By Pratima Desai LONDON (Reuters) -U.S. President Donald Trump plans to double tariffs on steel and aluminium imports to 50% from Wednesday, stepping up pressure
Musk’s xAI seeks $113 billion valuation in $300 million share sale, FT reports
(Reuters) -Elon Musk’s xAI is seeking a valuation of $113 billion in a share sale worth $300 million, the Financial Times reported on Monday, citing
Apple challenges ‘unreasonable’ EU order to open up to rivals
By Foo Yun Chee (Reuters) – Apple has submitted a legal challenge to an EU order to open up its closed ecosystem to rivals such