Deira Trading Company

Stellantis idles plants in Mexico and Canada due to tariffs

The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada.  Bill Pugliano | Getty Images DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company confirmed Thursday. The actions are […]

Southwest’s bag fees and other changes could backfire, Fitch warns

A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images) John J. Kim | Chicago Tribune | Getty Images Southwest Airlines‘ new policies such as charging for checked bags for the first time could backfire, Fitch Ratings said Thursday. Southwest is reversing its […]

Trump’s 25% auto tariffs are in effect. What investors need to know

Vehicles seen on the lot of a Ford auto dealership in Montebello, California on April 1, 2025. Frederic J. Brown | Afp | Getty Images DETROIT — President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry […]

United Airlines adds Thailand, Vietnam and Australia flights

A Boeing 787 Dreamliner operated by United Airlines takes off at Los Angeles International Airport (LAX) on January 9, 2013 in Los Angeles, California. David McNew | Getty Images United Airlines plans to add daily flights to Vietnam and Thailand in October, further expanding the network for the U.S. carrier that already has the most […]

UFC signs sponsorship deal with Mark Zuckerberg’s Meta

UFC CEO Dana White, left, and Meta CEO Mark Zuckerberg attend the UFC 300 event at T-Mobile Arena in Las Vegas, Nevada, April 13, 2024. Jeff Bottari | Ufc | Getty Images TKO Group’s UFC has struck a multimillion-dollar, multiple-year partnership deal with Meta that will bring the mixed martial arts league closer to Mark […]

Trump tariffs on Vietnam could raise prices for shoes, furniture, toys

File: workers at the Maxport factory, which makes activewear for various textile clothing brands, in Hanoi.  Nhac Nguyen | Afp | Getty Images Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China. For years, China’s southern neighbor became a popular alternative […]

Trump tariffs news: Advertisers look for flexibility

Brands and advertisers are seeking flexible terms as they face uncertainty about how President Donald Trump’s new tariffs will affect their businesses. The push for more lenient agreements, in which companies could pivot budgets quickly or shift their focus to different types of marketing as they react to the duties, has been the focus of […]

Trump puts tariffs on canned beer imports

Aluminum cans wait to be filled with craft beer during a production run at Black Plague Brewery in Oceanside, California, U.S., March 14, 2025.  Mike Blake | Reuters The Trump administration will implement a 25% tariff of all imported canned beer and empty aluminum cans starting Friday, according to a notice from the Department of […]

Emma Hayes USWNT coach discusses growth of soccer

Emma Hayes is on a mission to reinvigorate women’s professional soccer in the United States. Hayes was hired as head coach of the U.S. women’s national team in June after a disappointing few years for the squad as it dealt with an aging lineup, coaching instability, and increased global competition. Less than a year in, […]

Boeing CEO faces Senate hearing on plane maker’s recovery

Kelly Ortberg, CEO of Boeing, speaking on CNBC’s Squawk Box on Jan. 28th, 2025. CNBC Boeing CEO Kelly Ortberg on Wednesday will outline to Congress the company’s progress on improving its manufacturing and safety standards after years of crises in both its commercial and defense units, including a 2024 near-catastrophic midair door plug blowout on […]

Source: CurrencyRate