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BMW Q1 sales steady as EV growth offsets China slump; shares rise

BMW Q1 sales steady as EV growth offsets China slump; shares rise

Investing.com -- BMW Group (ETR:BMWG) held global vehicle sales largely steady in the first quarter of 2025, overcoming a steep drop in China with strong electric vehicle growth in Europe and the United States, sending its shares up by over 5% on Thursday.The German automaker delivered 586,149 vehicles worldwide between January and March, a 1.4% decline from the same period a year earlier. Th ...

2025-04-10 23:24:48
Apple airlifts 600 tons of iPhones from India ’to beat’ Trump tariffs, sources say

Apple airlifts 600 tons of iPhones from India ’to beat’ Trump tariffs, sources say

By Aditya Kalra, Abhijith Ganapavaram and Munsif VengattilNEW DELHI (Reuters) - Tech giant Apple (NASDAQ:AAPL) chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India, after it stepped up production there in an effort to beat President Donald Trump’s tariffs, sources told Reuters.The details of the push provide an insight into the U.S. sma ...

2025-04-10 23:22:58
UBS says sell rallies ’until we learn more’ about the tariffs hit

UBS says sell rallies ’until we learn more’ about the tariffs hit

Investing.com -- Investors should consider selling market rallies until the full impact of the tariffs is understood, according to UBS strategist Bhanu Baweja.The Trump administration responded to recent market pressures by not escalating trade disputes with all trading partners at this time.“Trump’s administration isn’t as impervious to market pain as it may have appeared for a while. Its p ...

2025-04-10 23:21:27
Magnificent Seven rides again as Trump pauses tariffs; adds $1.5 trillion in value

Magnificent Seven rides again as Trump pauses tariffs; adds $1.5 trillion in value

By Aditya Soni and Juby Babu(Reuters) - The "Magnificent Seven" stocks amassed more than $1.5 trillion in market value on Wednesday after U.S. President Donald Trump paused his sweeping tariffs for 90 days, easing pressure on tech giants that had tumbled in recent sessions.The gains did not erase the $3.4 trillion in value the companies have collectively shed since their peak in late 2024, with so ...

2025-04-10 23:19:08