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
Zara founder Ortega buys Barcelona office building for $283 million, sources say
By Corina Pons MADRID (Reuters) -Zara founder Amancio Ortega has bought an office building in Barcelona from Blackstone for 250 million euros ($283 million), two
US inflation tepid in April, consumer spending slows
NEW YORK (Reuters) -U.S. inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The Personal Consumption Expenditures (PCE) Price
JPMorgan’s Dimon says US should tax carried interest, CNBC reports
(Reuters) -JPMorgan Chase CEO Jamie Dimon said at the Reagan National Economic Forum that the U.S. should be taxing carried interest, CNBC reported on Friday.
Factbox-Trump’s multi-pronged attack on Harvard explained
(Reuters) -The administration of U.S. President Donald Trump is waging a campaign against Harvard University, the country’s oldest and richest school, across multiple fronts, including
Amazon’s robotaxi unit Zoox issues second software recall after San Francisco crash
By David Shepardson WASHINGTON (Reuters) -Amazon.com’s self-driving unit Zoox issued a second software update to improve how its vehicles track nearby pedestrians and prevent movement
US pending home sales fall sharply in April
WASHINGTON (Reuters) -Contracts to buy U.S. previously owned homes fell more than expected in April as rising mortgage rates and economic uncertainty weighed on demand.