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Business & Industry

Companies, industrial sectors, manufacturing, and trade coverage.

Business & Industry

Hungary's Magyar pushes back on pension and tax reforms as EU funding talks intensify

Péter Magyar resists EU demands, complicating the release of €17 billion in frozen funding.

Business & Industry

Exploring Vinyl Culture: The Vinyl Factory Exhibition Opens in Melbourne

The Vinyl Factory: Reverb has opened at ACMI, offering a unique opportunity to delve into the relationship between sound, art, and social movements, co-presented with RISING.

Business & Industry

Piper Sandler Adjusts Price Target for Charles Schwab to $105, Anticipates Revenue Growth

Piper Sandler has revised its price target for Charles Schwab, now set at $105, citing expected revenue increases from enhancements in net interest margins.

Business & Industry

Silverco Mining Completes Acquisition of Nuevo Silver, Entering Silver Production Market

Silverco Mining has finalized its acquisition of Nuevo Silver, establishing itself as a new entity in the silver production sector and enhancing its growth potential.

Business & Industry

Target Reports Strong Earnings Amid Consumer Demand, Says CEO

Target's latest earnings report indicates robust consumer demand, as highlighted by the CEO. This suggests a positive trend in the retail sector.

Business & Industry

UK Trade Minister Optimistic About Steel Agreement with EU Before July Tariffs

Chris Bryant, the Minister of State for Trade, expresses optimism following productive discussions with EU officials regarding potential exemptions for the UK from upcoming steel import restrictions.

Business & Industry

Toyota Enhances Hilux Payload to Compete with Ford's Ranger Super Duty

In response to Ford's Ranger Super Duty, Toyota has introduced a factory GVM upgrade for the Hilux, increasing its payload capacity by 959 pounds for AU$4,000.

Business & Industry

IRS Settles with Trump, Will Not Pursue Back Taxes

In a recent announcement, the IRS confirmed it will not take action against Donald Trump and his family for back taxes, following a settlement agreement disclosed by the Justice Department.

Business & Industry

Exploring the Future of Continuous Glucose Monitoring with Dexcom's CEO

In a recent discussion, Dexcom's CEO shared insights on the future applications of continuous glucose monitoring technology, including updates on WiSeR and market dynamics.

Business & Industry

Volvo's CEO Hints at a Potential Resurgence for Wagons

Håkan Samuelsson suggests a possible generational shift favoring wagon-style vehicles, indicating they may be ready for a comeback.

Business & Industry

Volvo's CEO Suggests a Potential Revival of Wagons Amid SUV Dominance

While SUVs hold a strong position in the U.S. vehicle market, Volvo's CEO hints at a possible resurgence of wagons, driven by a generational shift in consumer preferences.

Business & Industry

Fortune Brands Faces Earnings Challenges Amid Leadership Instability

Fortune Brands is currently navigating difficulties linked to short-term earnings performance and ongoing uncertainty regarding its leadership.

Business & Industry

California Buyer Alleges Toyota Owes Refunds from $9 Billion Tariff Dispute

A class action lawsuit claims that Toyota transferred tariff costs to consumers and is now liable for refunds, following judicial scrutiny of those import duties.

Business & Industry

LS Eco Energy and Lynas Partner to Develop Rare-Earth Supply Chain Beyond China

In a significant move, LS Eco Energy and Lynas are collaborating to create a sustainable supply chain for rare-earth materials that is not reliant on Chinese sources.

Business & Industry

Innovative Fiberglass Wheels Challenge Traditional Metal Designs

While most car wheels are typically crafted from metals like aluminum or steel, a limited-production model has introduced fiberglass wheels, showcasing a unique manufacturing approach.

Business & Industry

Impact of Zimbabwe's Export Ban on Mineral Sales Approaches $1 Billion

Zimbabwe's recent export ban has led to a notable increase in mineral sales, particularly in lithium and platinum group metals, nearing $1 billion.

Business & Industry

Concerns Rise Over EU's Steel Import Quota Reduction Impact on Ukraine

Officials warn that the EU's proposed reduction in steel import quotas could lead to significant financial losses for Ukraine, potentially reaching €1 billion.

Business & Industry

Rising Freight Costs in the Gulf: A Shift to Truck Transport

As shipping companies pivot to trucks for cargo transport, businesses in the Gulf region are grappling with steep increases in freight rates and costs.

Business & Industry

Yadea Expands Electric Scooter Production to Europe with New Factory in Hungary

Amid increasing demand for electric scooters in Asia and South America, Yadea is set to establish a factory in Hungary to meet the growing market needs.

Business & Industry

DayOne to Pursue Dual IPO in Singapore and US, Targeting $5 Billion

The Chinese data centre spin-off, DayOne, is set to raise $5 billion through a dual IPO in Singapore and the US, leveraging new regulations aimed at enhancing Asian market listings.