In a tragic incident, Siemens Spain CEO, who was in New York to celebrate his wife’s birthday, was killed in a helicopter crash. The accident has shocked the corporate community, highlighting the inherent risks of private air travel.
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In a significant development, the Lodha brothers have resolved their ongoing dispute regarding branding strategies, paving the way for unified marketing efforts. This resolution is expected to enhance the group’s brand visibility and streamline operations.
Ford Argentina reported a remarkable 99 percent increase in sales for March 2025, signaling a robust recovery in the automotive market. This surge reflects growing consumer demand and revitalized production efforts, positioning Ford for a strong year ahead.
India’s industrial output fell to a six-month low in February, raising concerns over economic momentum. Contraction in manufacturing and electricity sectors has contributed to the decline, signaling potential challenges ahead for growth prospects.
India has asserted its commitment to fair trade practices following Donald Trump’s decision to impose a 90-day pause on tariffs. The Indian government emphasized that negotiations should not occur under pressure, reaffirming its stance on equitable economic dialogue.
In a bold push for domestic manufacturing, Trump’s “Made in USA” initiative could potentially triple iPhone prices, raising concerns among consumers. A recent report reveals significant price disparities globally, highlighting the least expensive markets for the iconic device.
In a recent decision, the Biden administration announced that phones and computers will be exempt from the proposed 125% tariffs on Chinese imports initially suggested by former President Trump. This move aims to alleviate pressure on consumers and tech companies.
In a landmark move for the fashion industry, Prada has acquired Versace for €1.25 billion, uniting two of Italy’s most iconic brands. This deal signals a bold strategy amidst a competitive luxury market, reshaping the landscape of high fashion.
Apple, Nvidia, and Microsoft can ‘breathe a huge sigh of relief’ following the recent exemption from tariffs on key products imported from China. This development is expected to stabilize supply chains and boost profitability for these tech giants.
In the latest edition of CNBC’s Inside India newsletter, analysts explore India’s strategic leverage in trade negotiations with the U.S. Amidst shifting global dynamics, India’s economic potential and market access could significantly influence outcomes.
In response to ongoing trade negotiations with the US, Indian Commerce Minister Piyush Goyal emphasized, “We don’t negotiate at gunpoint,” affirming India’s commitment to fair trade practices. The remarks underline India’s stance on maintaining equitable discussions.
Canada and U.S. markets closed higher Friday, concluding a volatile week marked by fluctuating tariff discussions. Investors responded positively to easing trade tensions, reflecting cautious optimism amid ongoing economic uncertainties.
In a bid to mitigate escalating tensions in the ongoing trade war, the White House is reportedly urging Chinese President Xi Jinping to reach out to former President Donald Trump. The call aims to explore potential solutions as tariffs and trade barriers intensify.
Apple has reportedly airlifted over a million iPhones from India to the U.S. to circumvent tariffs. This strategic move highlights the tech giant’s efforts to maintain competitive pricing amid global trade tensions and optimize its supply chain.
In a significant escalation of trade tensions, China has announced retaliatory tariffs on U.S. goods, raising duties to 125%. This move comes amid a declining dollar, signaling increased economic friction between the two nations. Continue following for live updates.
Japan’s Nikkei surged 6% as investors rallied on hopes of a market recovery. Positive economic signals and easing global concerns fueled buying interest, propelling the index to a strong close, reflecting renewed confidence in the Japanese economy.
U.K. shares closed higher as investor sentiment rallied, with the Investing.com United Kingdom 100 index rising 3.30%. Strong performance in key sectors bolstered the market, reflecting positive economic outlook amid ongoing recovery efforts.
In a surprising move, President Trump announced a temporary pause on escalating tariffs, allowing for a 90-day window for negotiations. However, he simultaneously raised China’s levy to an unprecedented 125%, intensifying ongoing trade tensions.
In a significant development, Bessent has been appointed to spearhead trade negotiations with Japan, as reported by the Wall Street Journal. This move aims to strengthen economic ties and address key trade issues between the two nations.
India’s Mahindra Aerostructures has secured a significant contract from Airbus Helicopters to supply fuselages for the H130 model. This partnership marks a key development in the aerospace sector, enhancing local production capabilities and export potential.