Finance

Analysis-BYD and Tesla set to lose most from Mexico’s proposed tariffs on China

Analysis-BYD and Tesla set to lose most from Mexico’s proposed tariffs on China

By Emily Green (Reuters) -Electric car rivals BYD and Tesla are set to be the biggest losers from Mexico’s proposed 50 percent tariff on autos imported from China, triggering a likely blow to the...

Read More
Stocks are at record highs. These 2 things could derail the rally.

Stocks are at record highs. These 2 things could derail the rally.

Traders work on the floor of the NYSE in New YorkReuters The stock market faces two risks that could cause its record rally to stumble, Goldman Sachs said. The bank pointed to the risk t...

Read More
US penalizes two Chinese companies that acquired tools for chipmaker SMIC

US penalizes two Chinese companies that acquired tools for chipmaker SMIC

By Karen Freifeld (Reuters) -The United States on Friday penalized two Chinese firms that acquired U.S. chipmaking equipment for China’s top chipmaker SMIC, including them among 32 entities...

Read More