Business and Economy

Business and Economy Latest News

Ford's US auto sales dip in first quarter as tariffs loom
Ford's US auto sales dip in first quarter as tariffs loom
by  AFP

Auto giant Ford reported a slight drop in first quarter US sales Tuesday, while investors await details of President Donald Trump's upcoming tariffs this week and assess the effects of duties on major carmakers. But economists warn that Trump's sweeping tariffs on autos and parts, over time, could cause average auto prices to surge by thousands of dollars.

UK Supreme Court opens car loans hearing as banks risk huge bill
UK Supreme Court opens car loans hearing as banks risk huge bill
by  AFP

The UK's highest court on Tuesday began a hearing to determine whether controversial car loans were unlawful, in a case that could cost banks billions of pounds in compensation. Banks are appealing a landmark ruling by a Court of Appeal in November that deemed it unlawful for car dealers to receive a commission on loans without sufficiently informing borrowers.

Trump signs executive order targeting ticket scalping
Trump signs executive order targeting ticket scalping
by  AFP

With American entertainer Kid Rock at his side, US President Donald Trump signed an executive order Monday clamping down on ticket scalping and live event pricing. By the time you check out, it's $170," said Kid Rock, who wore a straw fedora and American-flag emblazoned red suit to the Oval Office.

Energy

Money

Industry

Technology

Economy