Latest News Updates From Bloomberg News

GovernmentBusiness

US Steel Approves $300 Million in Nippon Steel Spending

U.S. Steel approved a $300 million investment to upgrade some of its facilities, advancing part of an $11 billion commitment by Nippon Steel after its takeover of the steelmaker earlier this year.

September 24, 2025
GovernmentBusinessFuel

Diesel Traders Bet on Price Spike as Russia Refineries Hit

For global supply chains, any price increase matters because Russia remains one of the world’s most important suppliers of diesel, a fuel essential for trucking, shipping and agriculture.

September 24, 2025
BusinessEquipment

Mercedes Contract Manufacturer to Cut One-Third of Staff

European carmakers are contending with excess capacity as Chinese manufacturers take a larger share of the market, with the EV segment in particular suffering from weak demand.

September 23, 2025
GovernmentBusiness

US Lawmakers Call for Fair Market Access in Rare China Visit

The trip may contribute to stabilizing ties ahead of a possible meeting between Presidents Xi Jinping and Donald Trump on the sidelines of the APEC summit in South Korea next month.

September 22, 2025
GovernmentBusinessLogistics

Canada, Mexico Lay Out Action Plan Before USMCA Review

The Canadian and Mexican leaders committed to coordination ahead of a high-stakes review in 2026 of their trade pact with the U.S. as President Trump’s tariff threats put the accord at risk.

September 19, 2025
GovernmentBusinessFuelLogistics

Shippers Warn IMO Net-Zero Plan Could Cost $300B by 2035

The IMO has set a goal of net zero for shipping by midcentury and next month aims to formally adopt a plan that would see ships pay levies for at least some of their emissions.

September 19, 2025
GovernmentBusinessTechnologyEquipmentSafety

Tesla Eyes Safer Door Handle Design Amid NHTSA Scrutiny

Franz von Holzhausen, Tesla’s longtime design chief, said the company is looking to combine the electronic and manual door-release mechanisms, which are currently in separate locations.

September 17, 2025
GovernmentBusinessEquipmentLogistics

UK Pauses Push to End US Steel Tariffs Before Trump Visit

As President Donald Trump heads to the U.K. for a state visit, Prime Minister Keir Starmer has punted negotiations on removing U.S. steel tariffs, according to a source. 

September 16, 2025
GovernmentBusinessTechnologyFuel

Fusion Energy Could Deliver Power in 8 Years, DOE Chief Says

Fusion energy, which powers the sun and stars, has the potential to produce abundant carbon-free electricity, but efforts to harness it have proved elusive.

September 15, 2025
BusinessEquipment

American Axle Seeks $2.3 Billion to Fund Dowlais Takeover

American Axle in January announced a $1.6 billion cash-and-stock deal to acquire U.K. peer Dowlais. The deal is expected to close in the fourth quarter.

September 15, 2025