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Category: Business

Chinese automaker BYD seeks further easing of Mexico EV tariffs
Business

Chinese automaker BYD seeks further easing of Mexico EV tariffs

MEXICO CITY (Reuters) -Chinese automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico’s government,…

September 27, 2024
Business

Citi joins hands with Apollo for $25 billion private credit program

By Niket Nishant (Reuters) – Citigroup and Apollo Global have partnered for a $25 billion private credit and direct lending…

September 26, 2024
Business

Southwest’s turnaround strategy lifts shares, activist investor Elliott shrugs

By Rajesh Kumar Singh CHICAGO (Reuters) -Southwest Airlines on Thursday unveiled a slew of initiatives to turn around its struggling…

September 26, 2024
X asks Brazil’s top court to allow it to resume services, source says
Business

X asks Brazil’s top court to allow it to resume services, source says

BRASILIA (Reuters) – Elon Musk-owned social media platform X has requested that Brazil’s Supreme Court allow it to resume service…

September 26, 2024
Alphabet to invest $3.3 billion for two data centers in South Carolina
Business

Alphabet to invest $3.3 billion for two data centers in South Carolina

(Reuters) – Alphabet plans to invest $3.3 billion in South Carolina to build two new data centers, CEO Sundar Pichai…

September 26, 2024
Google complains to EU over Microsoft cloud practices
Business

Google complains to EU over Microsoft cloud practices

By Philip Blenkinsop BRUSSELS (Reuters) -Alphabet unit Google filed a complaint to the European Commission on Wednesday against what it…

September 25, 2024
Berkshire sells more BofA shares, netting $9 billion since July
Business

Berkshire sells more BofA shares, netting $9 billion since July

(Reuters) – Warren Buffett’s Berkshire Hathaway has offloaded more shares in Bank of America, its latest filing showed on Tuesday,…

September 25, 2024
Ford, GM shares fall after Morgan Stanley analyst downgrade
Business

Ford, GM shares fall after Morgan Stanley analyst downgrade

NEW YORK (Reuters) – Shares of Ford Motor and General Motors fell about 5% on Wednesday after Morgan Stanley analysts…

September 25, 2024
US lawmakers seek to pay livestock farmers to use climate-friendlier practices
Business

US lawmakers seek to pay livestock farmers to use climate-friendlier practices

By Leah Douglas (Reuters) – Farmers in the United States who raise livestock in large industrial operations could get funding…

September 25, 2024
Visa falls on report of US DoJ lawsuit alleging debit-card monopoly
Business

Visa falls on report of US DoJ lawsuit alleging debit-card monopoly

By Manya Saini and Niket Nishant (Reuters) – Visa shares fell 3% on Tuesday after a report said the U.S.…

September 24, 2024

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