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Audi to cut 7,500 jobs in Germany to become more efficient

AUTOMOBILE

Audi to cut 7,500 jobs in Germany to become more efficient

Volkswagen Chief Executive Officer Oliver Blume is pushing for cost cuts across the group to become more competitive.

Apple’s worst week since 2022 spurs Wall Street to defend stock

TECHNOLOGY

Apple’s worst week since 2022 spurs Wall Street to defend stock

Shares fell nearly 11% last week, the stock’s biggest one-week slump since November 2022.

BYD unveils battery system that charges EVs in five minutes

WORLD

BYD unveils battery system that charges EVs in five minutes

The manufacturer will start selling vehicles with the new technology next month.

Darker than a dark pool? Welcome to Wall Street’s ‘private rooms’

MARKETS

Darker than a dark pool? Welcome to Wall Street’s ‘private rooms’

A decade after being engulfed by a controversy that culminated in multiple enforcement actions and a regulator clampdown, these off-exchange trading platforms are touting a way to buy and sell stocks that’s even more opaque

Stocks caught in tug of war between tech and rest

MARKETS

Stocks caught in tug of war between tech and rest

While 85% of the S&P 500’s shares gained, a slide in its biggest companies curbed a bigger advance

Retailer Forever 21 files for bankruptcy for second time

WORLD

Retailer Forever 21 files for bankruptcy for second time

With cost-saving initiatives failing to make up for significant losses, US operator F21 Opco filed for Chapter 11 bankruptcy in Delaware

Wall Street braces for oil in $60s range on tariff, OPEC+ risks

MARKETS

Wall Street braces for oil in $60s range on tariff, OPEC+ risks

Oil’s retreat has been cheered by US President Donald Trump and offers relief for consumers and central banks following years of rampant inflation

Kremlin says Putin to speak to Trump as US pushes Ukraine truce

WORLD

Kremlin says Putin to speak to Trump as US pushes Ukraine truce

Trump had first announced the call to reporters aboard Air Force One on Sunday, saying there was “a very good chance” for a deal

EM stocks set for best month since September on China boost

BUSINESS

EM stocks set for best month since September on China boost

The MSCI Emerging-Market Index has risen nearly 3% in March, on track for the largest monthly advance since September, driven mainly by advances in Chinese equities.

China home prices drop faster despite revival efforts

WORLD

China home prices drop faster despite revival efforts

New-home prices in 70 cities, excluding state-subsidized housing, dropped 0.14% from January, when they slid 0.07%, National Bureau of Statistics figures showed Monday. Values of used homes fell 0.34%, the same pace as a month earlier.

Donald Trump may speak to Vladimir Putin on Ukraine this week: US envoy

WORLD

Donald Trump may speak to Vladimir Putin on Ukraine this week: US envoy

Donald Trump’s push for a ceasefire has been controversial, sparking anger in Kyiv and across Europe that the US may be trying to force Ukraine to capitulate to the Russians.

Vance tells NBC ‘high-level’ TikTok deal expected by deadline

WORLD

Vance tells NBC ‘high-level’ TikTok deal expected by deadline

“There will almost certainly be a high-level agreement that I think satisfies our national security concerns, allows there to be a distinct American TikTok enterprise,” Vance, who is helping run negotiations for the forced sale, told NBC News in an interview Friday.

UK urges economic pressure on Russia if Putin balks at truce

WORLD

UK urges economic pressure on Russia if Putin balks at truce

Starmer’s remarks came after Putin said he wanted to discuss a proposed ceasefire in Ukraine with US President Donald Trump. The Russian leader stopped short of endorsing the plan without resolving the underlying causes of the crisis.

Intel’s new CEO gets pay package valued at about $69 million

BUSINESS

Intel’s new CEO gets pay package valued at about $69 million

The package includes a salary of $1 million, plus a 200% performance-based bonus, the chipmaker said in a filing Friday. It also includes $66 million in long-term equity awards and stock options and new-hire incentives.

Wall Street battered again by Trump chaos as new winners emerge

BUSINESS

Wall Street battered again by Trump chaos as new winners emerge

The international positioning looks smart, for now. The average daily swing in US stocks and bonds has just jumped to levels unseen since the disruptive days of the Federal Reserve’s inflation-fighting campaign.

Harvard law students want $53 billion fund to sever Israel ties

WORLD

Harvard law students want $53 billion fund to sever Israel ties

Harvard’s administration said last year it won’t divest and the student vote carries no enforcement, but the move puts anti-Israel protests back in the spotlight

Economic fear pummels stocks closely tied to Americans’ spending

MARKETS

Economic fear pummels stocks closely tied to Americans’ spending

From retailers to airlines to restaurant operators, corporations that count on discretionary spending are having an increasingly difficult time, which is weighing on their bottom lines

Stocks climb at end of dizzying Wall Street week

MARKETS

Stocks climb at end of dizzying Wall Street week

Equities rebounded after a selloff that drove the S&P 500 down 10% from its all-time high

New era of uncertainty: How Trump’s flip-flopping tariff policy has jolted white collar jobs market in US

WORLD

New era of uncertainty: How Trump’s flip-flopping tariff policy has jolted white collar jobs market in US

More than 70% of Americans think it’s difficult to find a better job than their current one, according to a recent Harris Poll survey for Bloomberg News

Ships rerouted, trucks halted: How Trump's tariff war brought chaos for global steel exporters

WORLD

Ships rerouted, trucks halted: How Trump's tariff war brought chaos for global steel exporters

From the Florida coast to America’s heartland, ripples materialized with broad-reaching impacts on automakers, builders and consumers

Fed expected to cut rates twice this year, starting in September

WORLD

Fed expected to cut rates twice this year, starting in September

Fed officials have signaled they may be on hold for some time amid uncertainty around President Donald Trump’s economic policies, particularly on trade

US companies tell investors DOGE cuts will ultimately pay off

WORLD

US companies tell investors DOGE cuts will ultimately pay off

DOGE, as Elon Musk’s cost-cutting initiative is known, is an increasingly prominent topic in communications with investors

iPhone 16e review: Apple’s entry-level phone is held back by its premium price

TECHNOLOGY

iPhone 16e review: Apple’s entry-level phone is held back by its premium price

This new handset replaces the $429 iPhone SE as the cheapest phone in Apple’s lineup.

Trump, Musk's fund cuts for science creates adverse reaction in research world

WORLD

Trump, Musk's fund cuts for science creates adverse reaction in research world

Trump’s mass firings and freezing of billions of dollars appropriated by Congress could have ripple effects on the US scientific enterprise for years to come

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