CHIBA, Japan (Reuters) -Nintendo fans were given a chance to try out the company’s new Switch 2 gaming device at an event near Tokyo on Saturday, ahead of a release that some worry could be overshadowed by tariffs driving up prices."Since Mr. Trump became president tariffs have gone up tariffs so I am concerned about a price hike not just for the game console but for accessories too," said Hiden ...
Investing.com -- Bernstein analysts in a recent note examined whether Walmart (NYSE:WMT) can close the gap with Amazon (NASDAQ:AMZN) in e-commerce. The brokerage presents a side-by-side comparison of both companies, focusing on growth, profitability, category exposure, and valuation.Walmart’s U.S. e-commerce business has been growing at over 20% annually and is expected to maintain a double ...
Investing.com -- Aiming to restore manufacturing jobs may be a misguided goal in today’s economy, experts argue as the White House pursues broad tariffs to bring factory work back to U.S. shores.While the latest trade measures span agriculture and natural resources, the push to "reshore" manufacturing is central to current policy. But analysts at CIBC (TSX:CM) warn that tariffs could back ...
MILAN (Reuters) -Pirelli’s board is expected to approve on Monday an accord between shareholders to establish that the group’s largest investor, China’s state-owned Sinochem, does not exercise control over the tyre maker, an Italian daily said.Chinese and Italian shareholders in Pirelli have been at odds over the group’s governance, with Sinochem posing a hurdle to Pirelli’s U.S. expansi ...