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Iveco says it is in advanced discussions to sell its defense unit and the commercial truck manufacturing operations to separate buyers.

The agreement runs through 2033 and includes an upcoming plant in Taylor, Texas, to produce Tesla's next-generation AI6 chip.

Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent are leading the delegations through July 29 in Stockholm — their third meeting in less than three months.

President Donald Trump’s administration is preparing a new emergency declaration as a basis for tariffs on Brazil, people familiar with the matter say.

The 30% tariffs will be imposed in the event of no deal and if President Donald Trump carries through with his threat to impose that rate on most of the bloc’s exports after Aug. 1.

At least four ships carrying copper are trying to reach U.S. ports before August to get ahead of planned import tariffs on the metal.

In the middle of the U.S. summer driving season, diesel is knocking gasoline off its perch as the hot fuel bet and has become one bright spot in an oil market bracing for a glut this year.

BP appointed former CRH CEO Albert Manifold as its new chairman, replacing Helge Lund amid pressure for a change in the company’s direction from shareholder Elliott Investment Management.

President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties on Aug. 1.

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