UK’s JCB Doubling Size of US Factory to Lower Tariff Impact
One of the UK’s biggest private companies plans to double the size of a new factory in Texas to boost US production and limit the impact of President Donald Trump’s new tariffs.
Tesla Estimates Cut Further on ‘Unprecedented Brand Damage’
One of Wall Street’s most bearish Tesla Inc. analysts further reduced estimates for the company’s earnings, citing the magnitude of car-buyer backlash against Elon Musk.
Hershey CEO Leads Both Brackets in NCAA Charity Challenge
Winning an NCAA March Madness pool is hard enough, given all the upsets. Some people fill out entries for decades and still don’t finish on top.
China Suspends Chicken, Sorghum Imports From Some US Firms
China has suspended chicken products imports from two American producers, part of retaliatory measures against the US after President Donald Trump announced new tariffs on the Asian nation.
Malaysia Smelting Warns of Disrupted Tin Output After Gas Blast
Malaysia Smelting Corp., one of the world’s biggest tin producers, has reported disruptions to deliveries from its Port Klang smelter after a pipeline explosion interrupted gas supply, exacerbating pressure on a market already grappling with global output upheaval.
BP Chair Plans Exit as Oil Major Faces Pressure From Elliott
BP Plc Chairman Helge Lund plans to step down as the struggling oil major pivots away from the net zero strategy he championed amid pressure from Elliott Investment Management.
Santander Confirms Targets After Tariff Shock Rattles Market
Banco Santander SA confirmed all financial targets for this year after broad tariffs announced by President Donald Trump sent global markets into a tailspin.
Credit Agricole Agrees to Buy Swiss Wealth Manager Banque Thaler
Credit Agricole SA’s wealth management unit Indosuez has agreed to buy Banque Thaler, a Swiss private bank, according to a statement from the French lender on Friday.
Lucrative Transatlantic Flights at Risk as Trump Roils Trade
A week before US President Donald Trump unveiled sweeping global tariffs, executives from Europe’s biggest airlines gathered in Brussels and provided an upbeat outlook for travel demand between the two continents this summer.
UK’s Sprawling Defense Industry Gears Up for a Spending Boost
More money to upgrade the military should boost thousands of suppliers — if they can overcome a shortage of staff and skills.