(Reuters) – Newell Brands’ CEO said on Friday it is aiming to reduce its reliance on Chinese suppliers to minimize the impact of U.S. import tariffs, following its unexpected quarterly loss forecast.The Sharpie maker, which partly manufactures and sources...
By Jaspreet Singh(Reuters) – Pinterest’s shares rose 20% on Friday as it forecast first-quarter revenue above estimates, indicating that its AI-powered tools would spur ad spend on the image sharing platform.Pinterest has focused on direct response ads,...
(Reuters) -Influential proxy advisory firm Institutional Shareholder Services recommended on Friday that Apple investors vote against a proposal to consider eliminating the iPhone maker’s diversity, equity and inclusion policies.Apple’s disclosures offer...
FRANKFURT (Reuters) – Tesla sold almost 60% fewer cars in Germany in January than in the year-earlier period, as the U.S. electric vehicle maker faces a test of popularity amid headline-grabbing political involvement by its billionaire CEO Elon Musk. German road...
(Reuters) – Short video app TikTok’s owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for approval from the Chinese government, even as President Donald Trump’s allies race to broker a deal to sell it to an American...
GENEVA (Reuters) – China has launched a dispute at the World Trade Organization (WTO) over tariffs imposed by U.S. President Donald Trump on Chinese goods, the Geneva-based body said on Wednesday.Trump on Saturday ordered tariffs on goods from Mexico, Canada and...