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(Reuters) – The United States’ proposed tariffs on Canada and Mexico will take effect on Tuesday, but President Donald Trump will determine whether they would be set at the proposed 25%, Commerce Secretary Howard Lutnick said. Here are the automakers and other companies that could be affected by the tariffs: AUDI Volkswagen’s Audi plant in …

Factbox-Which car companies are in firing line of Trump’s tariffs on Mexico, Canada? Read More »

BERLIN (Reuters) – Germany’s manufacturing sector showed signs of recovery in February, with the downturn easing to its slowest pace in over two years, a business survey showed on Monday. The HCOB Germany Manufacturing PMI compiled by S&P Global rose to 46.5 last month from January’s 45.0, marking the highest level since January 2023, although …

German manufacturing shows signs of recovery, but job cuts accelerate, PMI shows Read More »

MILAN (Reuters) – Carmaker Stellantis has nominated Daniel Ramot and Alice Schroeder as new board members, as well as proposing the re-election of five others, it said on Monday, as the mandates of seven of its executives come to an end. Ramot is the Israeli-American co-founder and CEO of Via, a global transportation technology company, …

Stellantis proposes two new board members to boost tech expertise, financial oversight Read More »

LONDON (Reuters) – The long-running downturn in the euro zone’s manufacturing industry showed further signs of easing last month as demand fell at the slowest pace in almost three years, a survey showed on Monday. HCOB’s final euro zone manufacturing Purchasing Managers’ Index, compiled by S&P Global, jumped to 47.6 in February, ahead of a …

Euro zone factory downturn shows signs of easing in February, PMI shows Read More »

PARIS (Reuters) – France’s prolonged manufacturing downturn showed signs of easing in February as declines in output and new orders slowed, a survey compiled by S&P Global showed on Monday. The HCOB France Manufacturing PMI rose to 45.8 in February from 45.0 in January, marking the shallowest contraction in nine months. Despite remaining below the …

French manufacturing downturn eases in February, PMI shows Read More »

STOCKHOLM (Reuters) – A majority of Swedish manufacturing, retail and construction businesses estimate they will be affected to a small extent if the United States introduces import tariffs, a regular central bank survey of companies in the sectors showed on Monday. (Reporting by Anna Ringstrom, editing by Stine Jacobsen)