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China Slaps Restrictions on European Medical Devices in Escalating Trade

China's Auto Regulator Issues New Rules to Stop Race-to-the-Bottom Pricing

China's market regulator introduces new rules to curb automakers' price wars after passenger car sales drop nearly 20% in January.


Mercedes-Benz Earnings Plunge 57% After $1.2 Billion Tariff Hit

Mercedes-Benz reports a 57% profit drop in 2025 after a $1.2 billion tariff hit and warns of ongoing industry challenges.

Trump Administration Secures Taiwan Trade Agreement with 15% Tariff Rate

Trump administration secures new Taiwan trade deal setting 15% tariffs and boosting U.S. semiconductor investment.

Africa Becomes World's Fastest-Growing Solar Market in 2025 Despite Global Slowdown

Africa leads global solar growth in 2025, expanding 17% despite a worldwide slowdown in renewable energy.


Latest News

Spirit Airlines Staff at Florida Airport Filmed Cursing a 'Karen' Passenger After Moaning About Her Flight
Spirit Airlines seeks court approval to auction 20 Airbus jets to reduce debt and streamline operations amid bankruptcy.
Bank of America Shares 4% Rise in Q2 After Announcing Net Interest Income Rebound Imminent
A federal judge ruled that a lawsuit accusing Bank of America of ignoring red flags tied to Jeffrey Epstein's sex trafficking can move forward to trial.
Stellantis, Italy Near Agreement on New Hybrid EV Model for Mirafiori Amid Union Pressure
Stellantis warns owners of 225,000 vehicles not to drive until defective Takata airbags are replaced to prevent serious injuries.
Paul Diamond
Black Economic Empowerment, commonly known as BEE, emerged as one of South Africa's most significant economic reforms after the end of apartheid. Paul Diamond, an investor, was among those involved in early empowerment-aligned investments, operating within a complex and evolving economic landscape.
Moderna Loses $700M US Contract for Bird Flu Vaccine Development
The FDA has refused to review Moderna's mRNA flu vaccine application, citing trial design concerns despite no safety issues.
Target’s Net Income Jumps Over 40% as Customer Spending Improves
Target cuts 500 jobs while boosting store staffing and training in its first major layoffs in nearly a decade.
Paramount Merger With Skydance Approved, Despite Dissent Over Trump Lawsuit
Paramount sweetens its Warner Bros bid with extra cash incentives and breakup fee coverage to compete with Netflix's $82.7 billion offer.
Crypto Investor Accused of Torturing Man in Manhattan Over Bitcoin
A South Korean crypto exchange mistakenly credited users with $40 billion in Bitcoin, briefly making them multi-billionaires.
Toyota Pledges $10 Billion Investment in American Factories, Boosting EV
Toyota recalls nearly 142,000 Prius and Prius Prime vehicles due to a rear door lock defect that could open doors while driving.
Spotify
Spotify now has 751 million in active monthly subscribers after 38 million new subscribers came in, which is a record for the company.
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