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Business

Web Desk Karachi
Apr 15, 2025

Trump weighs tariff relief for automakers to boost domestic production

Trump’s suggestion marked yet another potential shift in his tariff approach, as financial markets reacted anxiously to his persistent import taxes, raising concerns among Wall Street economists about a looming recession.

Business

Reuters
Apr 11, 2025

Study finds Trump’s 25pc auto tariffs could cost US automakers $108 billion

The study, released by the Ann Arbor, Michigan-based organization, found Detroit automakers Ford Motor, General Motors and Stellantis, maker of Jeeps and Ram trucks, specifically will see increased costs of $42 billion

Business

Reuters
Mar 04, 2025

China’s BYD raises $5.59 billion in share sale, Hong Kong’s largest in four years

The company said it sold 129.8 million primary shares in the deal, up from the original 118 million shares planned when the deal launched on Monday.

Business

Reuters
Feb 19, 2025

Ford slashes manager stock bonuses to cut costs, boost performance

Out of a global population of 3,300, roughly 1,650 will not receive their usual stock awards, typically paid in March. Senior management will decide which half of their middle management staff will receive the bonuses.