Daimler Truck Boosts US Content to Counter Incoming Tariffs
Daimler Truck announced plans on March 13, 2026, to increase US content in its Mexico-assembled trucks to mitigate tariff burdens from the Trump administration's new probes. CFO Eva Scherer stated in an interview that the company is 'constantly looking at how we keep strengthening our US content.' This move addresses rising trade barriers amid oil-driven inflation. Analysts expect similar supply chain shifts across the auto sector as tariffs loom.
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Stock market news: Bessent says talks with China were successful
β’ Asian stock markets rose on Monday following comments from Scott Bessent that recent discussions with China were successful. β’ The market movement comes ahead of a scheduled meeting this week in Washington between U.S. President Donald Trump and Chinese leader Xi Jinping.
Read original Β· ctvnews.ca
CTVNewsFive things to watch in markets in the week ahead By Investing.com
β’ U.S. economic data indicates that third-quarter growth is on pace to double the 1.5% annualized expansion rate seen from April to June. β’ Costco will report its fiscal fourth-quarter returns during a week with a muted earnings calendar.
Read original Β· in.investing.comAsian Stock Markets Today: Nikkei, KOSPI Rise As US-China Trade Talks In Focus
β’ Asian stock markets mostly rose on Monday as investors anticipated an upcoming US-China summit and monitored Middle East oil supply risks. β’ Japan's Nikkei 225 climbed 1.38% and South Korea's KOSPI advanced 0.97%, while Australia's S&P/ASX 200 fell 0.16%.
Read original Β· ndtvprofit.comAsian stocks advance and oil prices fall - KIRO 7 News Seattle
β’ Asian stock markets mostly rose recently as investors awaited a scheduled meeting between U.S. President Donald Trump and Chinese leader Xi Jinping in Washington. β’ South Korea's Kospi index climbed 1.8% to 7,018.98, driven by a 5% jump in Samsung Electronics shares.
Read original Β· kiro7.comAsian stocks advance ahead of Trump-Xi meeting | The Border Mail
β’ Asian stocks rose recently as investors anticipated a trade truce between the United States and China ahead of a meeting between Donald Trump and Xi Jinping. β’ South Korea's Kospi index climbed 1.7 percent to 7,007.72, driven by a 5 percent jump in Samsung Electronics shares.
Read original Β· bordermail.com.au
The Border MailGlobal Market: European shares rise as oil slide boosts risk appetite - The Economic Times
β’ European shares rose as technology stocks led gains and falling oil prices reduced inflation concerns. β’ The STOXX 600 index advanced 0.56% while investors monitored an upcoming meeting between Donald Trump and Xi Jinping.
Read original Β· economictimes.indiatimes.comFrench central bank trims growth outlook as demand softens
β’ The Bank of France lowered its 2026 growth forecast on September 15 due to stalling economic activity in the first half of the year. β’ The central bank reduced the growth projection to 0.4% from its previous June estimate of 0.5%.
Read original Β· europesays.com
ItaliaEarnings call transcript: Remgro H2 2026 profit jumps on portfolio overhaul By Investing.com
β’ Remgro reported a profit of ZAR 560 million for the H2 2026 period following a portfolio overhaul. β’ The company saw a headline earnings swing of ZAR 723 million, moving from a ZAR 160 million loss in the previous financial year to its current positive position.
Read original Β· za.investing.comU.S. markets focus on Costco earnings, Meta event and Trump-Xi summit this week
β’ U.S. market investors are monitoring Costco earnings, a Meta developer event, and a summit between Donald Trump and Xi Jinping this week. β’ These three events serve as the primary market drivers during a period characterized by light macroeconomic data.
Read original Β· tradersunion.com
Traders UnionDo Weather Variables Affect Stock Companies in the Same Way as Fundamental Variables? GARCH-Based Modeling and a Sustainable Finance Perspective on the Case of Banks Listed on the Warsaw Stock Exchange
β’ Researchers analyzed how weather variables and physical climate risks affected the stock returns and trading volumes of 13 major banks on the Warsaw Stock Exchange from 2020 to 2025. β’ The study used GARCH-based modeling to determine if weather provides explanatory information beyond standard firm-specific and market-wide financial variables.
Read original Β· mdpi.comStocks advance after Bessent says talks with China were successful before Trump-Xi meeting
β’ Asian stocks rose on Monday following comments from Scott Bessent that preliminary talks with China were successful. β’ South Koreaβs Kospi index climbed 1.8% to 7,018.98, while Samsung Electronics shares jumped 5%.
Read original Β· independent.co.uk
The IndependentTech leads shares higher in Asia as oil slips - Markets - Business Recorder
β’ Tech-led shares rose across Asia-Pacific markets on Tuesday as oil prices declined. β’ South Koreaβs tech-heavy index gained 1.5%, while MSCIβs broadest index of Asia-Pacific shares outside Japan rose 0.8%.
Read original Β· brecorder.com
Business Recorder