By Dawn Chmielewski, David Shepardson and Antoni SlodkowskiWASHINGTON/BEIJING (Reuters) -A deal to spin off the U.S. assets of TikTok was put on hold after China indicated it would not approve the deal following President Donald Trump’s tariffs announcement this week, according to two sources familiar with the matter.Trump on Friday extended by 75 days a deadline for ByteDance to sell U.S. asset ...
(Reuters) -Nissan Motor said on Thursday it will not take new orders from the U.S. for two Mexican-built Infiniti SUVs, following auto tariffs levied by President Donald Trump, in a drastic scale-back of its operations at a joint venture plant.The Japanese automaker said it would now maintain two shifts of production of the Rogue SUV at its Smyrna, Tennessee, plant after announcing in January it w ...
Investing.com -- Susquehanna initiated coverage of GE Vernova with a "Positive" rating and a $370 price target, citing strong demand for the company’s gas turbines and electrification technologies amid rising global power needs.GE Vernova is the largest provider of gas turbines globally, with an installed base roughly twice the size of its nearest competitor.The firm is well-positioned to b ...
(Reuters) -Shares of Truth Media & Technology Group, the parent company of President Donald Trump’s Truth Social platform, plunged more than 6.5% on Wednesday after the company filed papers that would allow the president’s trust to sell a large number of shares. Trump Media, which operates the Truth Social platform and is primarily owned by Trump, filed to re-register shares that would all ...