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29/05/2025
Citibank's subsidiary Citi Handlowy Bank in Poland will sell its retail banking business.
Latest
3 m ago
According to the report from the German "Handelsblatt" on the 27th, German car manufacturers BMW, Mercedes-Benz, and Volkswagen are negotiating with the US Department of Commerce on a possible tariff agreement, hoping to obtain some tariff exemptions for their investments in the United States. According to the "Handelsblatt" report, under the proposed plan, the three major German car manufacturers will increase their investments in the United States to obtain tariff exemptions for exporting cars to the United States, but the specific amounts are still unclear at the moment. These car manufacturers hope to reach an agreement with the US Department of Commerce in June through negotiations. Currently, Volkswagen, Mercedes-Benz, and BMW have all declined to comment on any negotiations with the US government.
3 m ago
U.S. Transportation Secretary: Air traffic modernization is America's most urgent infrastructure need.
3 m ago
U.S. Transportation Secretary Sean Duffy said that building a new air traffic control system is the most urgent infrastructure need in the United States. He is increasing efforts to push legislators to provide funding for this comprehensive initiative. Duffy told reporters on Wednesday that once Congress allocates funding for the plan, "we will be ready on day one." "This is currently the most important infrastructure project in America." During the briefing, Duffy also discussed some ongoing improvement measures to enhance operations at Newark Airport. This includes a new fiber optic line being laid by Verizon Communications between a site in Philadelphia and a new air traffic facility in New York, which was previously responsible for Newark's airspace. Duffy said that this line is expected to be operational this summer after testing.
8 m ago
Viewpoint: Nvidia's expected downturn may be positive for US stocks.
10 m ago
US chip stocks continued to weaken in the afternoon, with Nvidia turning lower and Arm's gains narrowing to 0.8%.
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