Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources
SHANGHAI (Reuters) – German auto maker Daimler AG (DAIGn.DE) plans to build Mercedes Benz-branded heavy trucks in China by revamping…
Union Pacific cost cuts sheltered profit amid freight slowdown
(Reuters) – Union Pacific Corp (UNP.N) on Thursday reported a quarterly profit that beat Wall Street estimates, as the U.S.…
Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion
FILE PHOTO: People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield…
Struggles of transport stocks transmit caution to market
NEW YORK (Reuters) – Add this to worries about Wall Street: The index of planes, trains and trucking companies, considered…
Iran says ready for U.S. waivers end, as Guards threaten to shut Hormuz
FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian…
Industrials’ gains put to test as earnings ramp up
NEW YORK (Reuters) – Investors betting on industrial stocks this year have been rewarded, with the group among the best-performing…
Delays at U.S.-Mexico border crossing hits autos, trucks still lining up
Trucks wait in queue for border customs control to cross into the U.S. at the Cordova-Americas border crossing bridge in…
IKEA strives to keep prices low as opens first store in India
HYDERABAD (Reuters) – IKEA will set some prices even lower in India than elsewhere when it opens its first store…
CSX profit tops Wall St target on cost cuts, pricing power
(Reuters) – CSX Corp (CSX.O) on Tuesday posted quarterly profit that topped Wall Street’s target, as the No. 3 U.S.…
Buffett craves more Apple shares, endorses its buybacks
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested…
Buffett says U.S., China will avoid acting ‘extremely foolish’ on trade
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett on Saturday said it is unlikely that the United States and China will…
Buffett draws them in even as Berkshire comes up short
(Reuters) – He thinks of himself as a teacher, and to many he is an icon. But to Wall Street,…