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Business

Reuters
Jun 16, 2025

Renault boss De Meo quits; report says he will head Gucci-owner Kering

De Meo turned around the troubled French automaker in his five years at the helm, overhauling its two-decade-long strategic alliance with Nissan and doubling down on hybrid motors while shifting towards electric vehicles.

Business

Web Desk Karachi
Apr 15, 2025

Trump weighs tariff relief for automakers to boost domestic production

Trump’s suggestion marked yet another potential shift in his tariff approach, as financial markets reacted anxiously to his persistent import taxes, raising concerns among Wall Street economists about a looming recession.

Business

Reuters
Apr 11, 2025

Study finds Trump’s 25pc auto tariffs could cost US automakers $108 billion

The study, released by the Ann Arbor, Michigan-based organization, found Detroit automakers Ford Motor, General Motors and Stellantis, maker of Jeeps and Ram trucks, specifically will see increased costs of $42 billion

Business

Reuters
Mar 04, 2025

China’s BYD raises $5.59 billion in share sale, Hong Kong’s largest in four years

The company said it sold 129.8 million primary shares in the deal, up from the original 118 million shares planned when the deal launched on Monday.

World

Web Desk
Nov 28, 2024

Mexico warns Trump tariffs would kill 400,000 US jobs

“Mexico does not want conflicts and divisions, but to build a stronger region.”

Technology

Reuters
Nov 14, 2024

Stellantis pledges not to close plants or slash jobs in Italy

Italy human resources manager Giuseppe Manca says Stellantis does not intend to close any plants in Italy, just as it has no intention of making collective redundancies