Latest News Updates From Bloomberg News

Business, Technology

CATL, Nio Sign $346M Deal to Expand Battery-Swapping Grid

The world’s largest battery manufacturer, CATL, has agreed to invest up to $346 million in building out a battery-swapping network across China in collaboration with EV maker Nio.

March 18, 2025
Government, Business, Logistics

Trump’s Trade Team Debates Strategy for New Tariff Rollout

President Donald Trump’s top trade negotiator is attempting to inject order into new tariffs expected next month, after previous announcements roiled markets and fueled uncertainty.

March 17, 2025
Government, Business

Trump’s Trade Wars Tip World to Slower Growth, OECD Warns

The Organization for Economic Cooperation and Development predicted the pace of global expansion to slow to 3.1% this year, with annual expansion in the U.S. wilting to 1.6% next year.

March 17, 2025
Business, Private

PepsiCo Is Near $1.5 Billion-Plus Deal for Soda Brand Poppi

PepsiCo Inc. is in advanced talks to buy healthier soda brand Poppi, according to people with knowledge of the matter.

March 14, 2025
Government, Business

Canada to Unveil New Tariffs Against $21 Billion of US Goods

Canada announced new 25% counter-tariffs on $20.8 billion of U.S.-made items after the Trump administration went ahead with global levies on imports of steel and aluminum.

March 12, 2025
Government, Business

Trump Mulls Steel Tariff Hike After Ontario Halts Energy Charge

President Donald Trump said he was re-evaluating plans to double steel and aluminum tariffs on Canada to 50% after Ontario said it would suspend a 25% surcharge on electricity sent to the U.S.

March 11, 2025
Government, Business

Canada’s New Leader: Tariffs Remain Until US Shows ‘Respect’

Canada will keep in place its retaliatory tariffs against U.S.-made products as long as President Donald Trump persists with a trade war, said Mark Carney.

March 10, 2025
Government, Business, Private

Walmart Asks Chinese Suppliers for Big Price Cuts on Tariffs

Walmart has asked some Chinese suppliers for major price reductions, with the retail giant’s efforts to shift the burden of tariffs facing strong pushback from firms in the Asian nation.

March 6, 2025
Business, Fuel

Saudi Aramco Might Bid for BP’s Castrol Lubricant Assets

Saudi Aramco is considering a potential offer for BP's Castrol lubricant assets, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries.

March 5, 2025
Government, Business, Equipment, Logistics

Trump to Decide on Canada, Mexico Relief Today, Lutnick Says

President Donald Trump is set to announce changes to the tariffs on Canada and Mexico, with potential relief for autos and other sectors, Commerce Secretary Howard Lutnick said March 5.

March 5, 2025