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, 2025Latest News Updates From Bloomberg News
CATL, Nio Sign $346M Deal to Expand Battery-Swapping Grid
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, 2025Trump’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, 2025PepsiCo 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, 2025Canada 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, 2025Trump 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, 2025Canada’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, 2025Walmart 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, 2025Saudi 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, 2025Trump 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.
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