Porsche expects $351 million tariff hit for April and May
Daily Trader Insights FRANKFURT (Reuters) -Porsche expects a 300 million euro ($351 million) hit to results as a...
Business
Google says discord over search results is unresolved; risks EU antitrust fine
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google said it failed this week to resolve...
Ford says Michigan EV battery plant ‘on track’ for production tax credits
By David Shepardson (Reuters) -Ford Motor said Tuesday it believes its planned $3 billion Michigan...
Tesla short sellers set to pocket about $1.4 billion in profits after stock slump
(Reuters) -Traders are set to make about $1.4 billion in paper profits from their short...
Nvidia briefly on track to become world’s most valuable company ever
By Noel Randewich and Shashwat Chauhan (Reuters) -Nvidia hit a market value of $3.92 trillion...
Exclusive-BRICS to launch guarantee fund to boost investment in member nations, sources say
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) -The BRICS group of developing nations is...
US net imports of crude soar last week to highest in a year, EIA says
HOUSTON (Reuters) -U.S. net imports of crude oil rose to 4.6 million barrels per day...
Ripple applies for US national bank charter as crypto eyes next frontier
(Reuters) -Crypto firm Ripple is applying for a national bank charter in the U.S., its...
Robinhood launches tokens allowing EU users to trade in US stocks
By Niket Nishant and Manya Saini (Reuters) -Robinhood said on Monday it has launched tokens...
Mastercard, Visa’s merchant fees breach competition law, UK tribunal rules
LONDON (Reuters) -Global payments processors Visa and Mastercard’s default multilateral interchange fees which are charged...