Delta Air Lines and Korean Air Lines will jointly acquire a 25% stake in Canada’s WestJet Airlines from Onex Corp. The purchase price is $550 million.…
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Hugo Boss, a German fashion group, reported better-than-expected quarterly revenue on Tuesday. They also maintained their full-year forecast despite increased macroeconomic uncertainties. The company posted first-quarter…
A social media account linked to Chinese state media reported that the United States is seeking talks with China regarding President Donald Trump’s 145% tariffs. This…
Mark Carney’s Liberals retained power in Canada’s election on Monday. However, they fell short of the majority government he wanted. He needed that majority to negotiate…
China accused Washington on Monday of abusing tariffs. It warned countries against striking a broader economic deal with the United States at China’s expense. This escalated…
Nvidia announced on Tuesday that it would take $5.5 billion in charges. This is after the U.S. government limited exports of its H20 artificial intelligence chip…
Nissan will decrease Japanese production of its best-selling U.S. model, the Rogue SUV, from May to July. A person familiar with the matter shared this information.…
Luxshare, an Apple supplier, is discussing with customers how to respond to U.S. tariffs. The company is considering shifting more production outside of China, potentially including…
President Donald Trump announced he would impose 25% tariffs on all vehicles and foreign-made auto parts imported into the United States. This announcement rocked U.S. automakers…
South Korea’s Constitutional Court reinstated Prime Minister Han Duck-soo as acting president on Monday. The court struck down his impeachment. He pledged to focus on steering…