Thyssenkrupp is exploring exit options for its materials trading unit that could be valued at as much as $2.2 billion in a deal, as the industrial conglomerate looks to streamline operations.
April 9, 2025Latest News Updates From Bloomberg News
Thyssenkrupp Weighs Exit Options for Logistics Unit
Tariff Fears Drive Surge in Consumer Spending
Trump鈥檚 tariffs are rattling U.S. consumers, who are stocking up on everything from cars to olive oil and iPhones. The behavior offers some good news for scrambling businesses.
April 8, 2025Xi Declares China Ready to Fight Trump鈥檚 Trade Tariffs
President Xi Jinping鈥檚 decision to quickly retaliate against Donald Trump鈥檚 sweeping tariffs sent the world a clear message: If the U.S. wants a trade war, China is ready to fight.
April 7, 2025Carmakers Stop Plants, Ponder Prices as Trump鈥檚 Tariffs Hit
Just hours after taking effect, President Donald Trump鈥檚 25% tariffs on imported cars were already reverberating around the globe.
April 4, 2025OPEC+ Deepens Oil Price Slump by Accelerating Supply Hike
OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump鈥檚 tariffs.
April 3, 2025GM, Hyundai Sales Rise as Trump Tariff Fears Spur Car Buying
This past weekend was 鈥渂y far the best weekend I鈥檝e seen in a very long time,鈥 said Randy Parker, the CEO of Hyundai and Genesis in North America.
April 1, 2025Most Carmakers Stand to Feel Pain From Trump's Auto Tariffs
As the fallout from President Donald Trump鈥檚 tariff plans comes into relief, a harsh truth is emerging for the automotive industry: There are lots of losers and not many winners.
March 27, 2025Trump Weighs Imposing Copper Import Tariffs in Weeks
U.S. tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter.聽
March 26, 2025NYC Congestion Pricing Raises $52M Amid Trump Backlash
New York City鈥檚 congestion pricing raised about $52 million in toll revenue in February as President Donald Trump and Gov. Kathy Hochul remain in a standoff over his bid to end the program.
March 24, 2025Trump Hails Hyundai鈥檚 US Expansion as Tariff Vindication
President Donald Trump lauded plans by Hyundai to expand in the U.S., casting it as a vindication of his use of tariffs to pressure foreign manufacturers to create American jobs.聽
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