Daimler to begin assembling Mercedes trucks in Senegal this year
Daimler Truck Holding AG plans to establish an assembly plant in Senegal, with production of Mercedes-Benz trucks scheduled to begin ...
Tag: bloomberg
Higher loan rates in Brazil threaten tractor sales rebound
Brazil has raised interest rates on farm equipment financing, threatening to constrain a much-needed recovery in tractor sales. Borrowing costs ...
Fed officials hold rates again, still see two cuts by year end
Federal Reserve officials left interest rates unchanged and continued to pencil in two rate cuts in 2025, saying uncertainty over ...
US homebuilder sentiment drops to lowest level since end of 2022
Confidence among US homebuilders fell in June to the lowest level since December 2022, with potential buyers deterred by high ...
Deere eyes Brazil machinery sales beating Europe in coming years
Deere & Co expects sales of farm tractors and combines in Brazil will overtake those to Europe in the next ...
US jobs report points to gradual moderation in labor market
US job growth moderated in May and the prior months were revised lower, indicating employers are cautious about growth prospects ...
Businesses expect to pass along 50% of tariffs, Fed survey finds
Business expect to pass through roughly half of tariff-related expenses to US consumers still reeling from the pandemic-era inflation surge, ...
USDA to review reports following delay of latest trade outlook
The US Department of Agriculture is undergoing a review of non-statutory reports including a quarterly forecast on trade that pointed ...
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