Drone drops paint over Russian embassy in Sweden
STOCKHOLM (Reuters) -An unidentified drone flew over the Russian embassy in Stockholm early on Friday, dropping paint on the grounds of the diplomatic compound, Swedish police said. No arrests have…
Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says
(Reuters) – European and American carmakers are set to lose up to 17% of their combined annual core profits if the U.S. imposes import tariffs on Europe, Mexico and Canada,…
Taylor Swift fans turn out early for book launch at Target
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) CHICAGO/NEW YORK/NORTH BERGEN, N.J. -Taylor Swift fans and their parents lined up outside some of Target’s nearly 2,000 U.S. stores early on…
Jobs data set to pave way for rates path, stocks
By Lewis Krauskopf NEW YORK (Reuters) – The coming week will give investors a fresh view into the health of the U.S. economy with the release of a closely watched…
BlackRock, State Street, Vanguard sued by Republican states over climate accords
(Reuters) -BlackRock, State Street and Vanguard have been sued by Texas and 10 other Republican-led states, which said the large asset managers violated antitrust law through climate activism that resulted…
Stellantis to halt production in Turin in December due to weak demand for Fiat 500 EV
MILAN (Reuters) -Stellantis will again halt auto production at its historic Italian Mirafiori plant from Dec. 2 to Jan. 5 due to continuing poor sales for the electric Fiat 500…
Walmart-backed Symbotic plummets 35% on delayed annual filing, financial reporting concerns
(Reuters) – Shares of warehouse automation firm Symbotic slumped more than 35% in early trading on Wednesday after the Walmart-backed company delayed the filing of its annual report citing “material…
US oil firms unlikely to go ‘drill, baby, drill’ under Trump, says Exxon executive
By Ron Bousso and Robert Harvey LONDON -U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a…
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
HANOI (Reuters) – Vietnamese electric vehicle (EV) manufacturer VinFast on Tuesday reported a smaller $550 million net loss for the third quarter compared with a year earlier, helped by lower…
U.S. trade partners warn Trump tariffs would harm all involved
(Reuters) – Officials from Mexico, Canada and China warned U.S. President-elect Donald Trump’s threat of imposing hefty tariffs on goods from the three largest U.S. trading partners would harm the…