Latest News Updates From Bloomberg News

BusinessEquipment

Truck Maker Iveco Draws Takeover Interest From Tata Motors

Italian truck maker Iveco Group NV has attracted takeover interest from India’s Tata Motors Ltd., people familiar with the matter said.

July 18, 2025
GovernmentBusinessFuel

US to Impose 93.5% Tariff on Graphite From China

The Commerce Department imposed preliminary antidumping duties of 93.5% on Chinese imports of graphite, a key battery component.

July 17, 2025
GovernmentBusinessEquipment

EU Tariff Targets Include Boeing, US Cars and Bourbon

The EU has finalized a second list of countermeasures to target U.S. goods worth $84 billion, including Boeing aircraft, automobiles and bourbon if it decides to retaliate against tariffs.

July 15, 2025
GovernmentBusinessLogistics

US, India Nearing Interim Tariff Deal Below 20%

India doesn’t expect to receive a tariff demand letter — unlike many other nations this week — and anticipates the trade arrangement will be announced through a statement.

July 11, 2025
BusinessEquipmentLogistics

Unilever Sells Venezuelan Ice Cream Unit to Mack de Venezuela

Unilever sold its Venezuelan ice cream business to truck dealer Mack de Venezuela, as a renewed bout of high inflation and political uncertainty hits the Andean nation’s private sector.

July 10, 2025
GovernmentBusinessFuel

Diesel’s Supply Crunch Leaves Market Hungry for Barrels

U.S. stockpiles of diesel products have dropped to the lowest for the time of year since 1996, while in Europe benchmark futures are signaling a tight market.

July 7, 2025
GovernmentBusinessFuel

OPEC+ Talking About a Fourth 411,000-Barrel Hike in August

OPEC+ is discussing another 411,000 barrel-a-day production increase for August ahead of the group’s videoconference this weekend, according to delegates who asked not to be identified.

July 3, 2025
GovernmentBusinessLogistics

Trump Aims to Shut Loopholes China Uses to Evade Tariffs

President Donald Trump’s trade deal with Vietnam targets practices China has long used to skirt U.S. tariffs: the shifting of production to Southeast Asia and the “origin washing” of exports.

July 3, 2025
GovernmentBusiness

China Wary as US Advances Tariff Talks With Other Countries

China is increasingly wary about U.S. efforts to forge deals that could isolate Chinese firms from global supply chains.

July 2, 2025
GovernmentBusinessLogistics

Del Monte Foods Files for Bankruptcy

Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring.

July 2, 2025