Stellantis has shifted its production plans for electric vehicles made with Chinese joint-venture partner Leapmotor because of higher European import duties.
TikTok’s parent will lay off staff at its Indonesian e-commerce unit to cut costs in the wake of a deal that let the video-sharing app reopen its online shop in the Southeast Asian country.
The dollar continued to build on the gains it made after the Federal Reserve’s policy meeting when the central bank forecast just one interest-rate cut for 2024, advancing against all major currencies, Brown Brothers Harriman said.
Boeing is investigating a quality problem with its undelivered 787 Dreamliner planes after discovering that some fasteners were incorrectly installed on the jets’ bodies.
Kirin Holdings plans to acquire Japanese cosmetics and dietary-supplement maker Fancl for more than $1.4 billion as part of efforts to expand its health business.
