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Bloomberg

Bloomberg

Page 181 - Bloomberg

US manufacturing activity expands for first time since 2022 as orders rise

The ISM survey showed producers are also contending with elevated costs amid a healthy demand environment. The gauge of prices paid rose by 2.4 points to 54.9, the highest since May

US manufacturing activity expands for first time since 2022 as orders rise
Updated On : 03 Feb 2025 | 10:11 PM IST

Tesla registrations drop 63% in France amid rising competition in EU

Tesla's sales plummeted 41% last year in Germany, while overall battery-electric vehicle sales declined 27%. The Federal Motor Transport Authority is scheduled to report January results on Wednesday

Tesla registrations drop 63% in France amid rising competition in EU
Updated On : 03 Feb 2025 | 7:56 PM IST

Record tax cuts in Budget to spur consumption, says CEA Nageswaran

In the Economic Survey last week, Nageswaran said that Asia's third-largest economy is expected to expand at a modest clip of 6.3 per cent-6.8 per cent in the coming fiscal year

Record tax cuts in Budget to spur consumption, says CEA Nageswaran
Updated On : 03 Feb 2025 | 2:57 PM IST

Bond market overlooks Budget, eyes rate cuts to offset higher borrowings

Despite the doubling in the government's debt sales since the pandemic, robust demand from long-term investors, like pension funds and insurance companies, has helped absorb supply

Bond market overlooks Budget, eyes rate cuts to offset higher borrowings
Updated On : 03 Feb 2025 | 11:41 AM IST

Vehicle prices face $3,000 increase as Trump tariffs hit auto sector

The duties would immediately hit almost one quarter of the 16 million vehicles that are sold in the US each year, as well as the parts and components that go into them

Vehicle prices face $3,000 increase as Trump tariffs hit auto sector
Updated On : 03 Feb 2025 | 10:33 AM IST

Tariff war with US likely to put Canada into recession, say economists

Prime Minister Justin Trudeau's plan to retaliate on C$155 billion ($105 billion) worth of American-made products will trim real gross domestic product growth by 2 to 4 percentage points

Tariff war with US likely to put Canada into recession, say economists
Updated On : 03 Feb 2025 | 10:25 AM IST

Trump's 'tariff thrashing' stimulates crisis response from Canada

Government leaders in Canada also announced more retaliatory measures against the US, and several provinces, including Ontario and Quebec, will remove US products from liquor stores they control

Trump's 'tariff thrashing' stimulates crisis response from Canada
Updated On : 03 Feb 2025 | 10:10 AM IST

DOGE 'rapidly shutting down' Treasury payments to US contractors: Musk

Musk is targeting systems that process tens of billions of dollars a day in payments for US government agencies and the officials that oversee them

DOGE 'rapidly shutting down' Treasury payments to US contractors: Musk
Updated On : 03 Feb 2025 | 10:03 AM IST

Trump increases EU tariff threat, plans calls with Canada, Mexico

Trump's comments leave little room for optimism of an agreement to avoid a North American trade war that may spread across the world

Trump increases EU tariff threat, plans calls with Canada, Mexico
Updated On : 03 Feb 2025 | 9:59 AM IST

OpenAI releases AI agent 'Deep Research' designed to act like analyst

The service, called Deep Research, will be available to certain paying customers through OpenAI's ChatGPT chatbot online, the company said in a blog post

OpenAI releases AI agent 'Deep Research' designed to act like analyst
Updated On : 03 Feb 2025 | 9:56 AM IST

Dubai unveils $100 million mansions to attract world's ultra-rich

Prices across Dubai's booming property market are moderating after surging since 2021. But that's not stopping builders from adding the palatial new homes along the city priciest beach-front location

Dubai unveils $100 million mansions to attract world's ultra-rich
Updated On : 02 Feb 2025 | 11:48 PM IST

Donald Trump imposes 25% tariffs on Canada and Mexico, 10% on China

Trump's tariffs deliver on a threat to punish the three countries for what he says is a failure to prevent the flow of undocumented migrants and illegal drugs

Donald Trump imposes 25% tariffs on Canada and Mexico, 10% on China
Updated On : 02 Feb 2025 | 11:20 PM IST

LinkedIn to tell job seekers how likely they are to get a response

Three of the biggest job search sites - LinkedIn, Indeed and Greenhouse - have put tools in place to highlight which companies frequently respond to applicants in a timely manner

LinkedIn to tell job seekers how likely they are to get a response
Updated On : 02 Feb 2025 | 10:47 PM IST

Here's why after slashing taxes, India must now cut stifling red tape

Sitharaman has heeded the counsel of her advisers and announced a high-level committee for a review of all non-financial sector regulations, certifications, licenses, and permissions

Here's why after slashing taxes, India must now cut stifling red tape
Updated On : 02 Feb 2025 | 11:18 AM IST

Trump tariffs, reforms target loophole used by Chinese online retailers

Under the de minimis exemption, products below that amount are able to enter the US without tariffs, boon for China's e-commerce retailers who ship often cheaper wares directly to consumers in the US

Trump tariffs, reforms target loophole used by Chinese online retailers
Updated On : 02 Feb 2025 | 10:49 AM IST

Complete betrayal: Canada reels as Trump tariffs rattle trade relationship

Prime Minister Justin Trudeau has scheduled a news conference for 8:30 p.m. Ottawa time to announce Canada's response to the tariffs, while other political leaders began taking their own actions

Complete betrayal: Canada reels as Trump tariffs rattle trade relationship
Updated On : 02 Feb 2025 | 10:30 AM IST

China vows unspecified measures to counter US tariffs, threatens WTO action

China "firmly opposes" the levy and will file proceedings to the World Trade Organization, a spokesperson from the Ministry of Commerce said in a statement

China vows unspecified measures to counter US tariffs, threatens WTO action
Updated On : 02 Feb 2025 | 10:20 AM IST

Mexico pledges retaliatory tariffs against US while calling for cooperation

Sheinbaum said the country would also implement non-tariff measures, while calling for cooperation with the US on topics including security, migration and addressing the fentanyl public health crisis

Mexico pledges retaliatory tariffs against US while calling for cooperation
Updated On : 02 Feb 2025 | 8:40 AM IST

Key CDC data on HIV and LGBTQ health resources no longer accessible online

Some scientists and members of the public had in recent days raced to download, save and archive various datasets, worrying that they would be removed

Key CDC data on HIV and LGBTQ health resources no longer accessible online
Updated On : 01 Feb 2025 | 11:39 PM IST

Venezuela likely to receive US deportees after Trump envoy's visit

In a meeting with Richard Grenell, Trump's envoy for special missions, Venezuelan President Nicolás Maduro agreed to allow some flights of migrants who are from his country

Venezuela likely to receive US deportees after Trump envoy's visit
Updated On : 01 Feb 2025 | 11:16 PM IST