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After month of pain, euro bulls look to Fed pause for relief

BLOOMBERG  Investors who took out long positions in the euro could be in for some respite, even as a shaky outlook for the economy continues to stalk common currency. Slowing inflation and fading optimism about the region’s growth sent the euro to its worst month since April 2022. Short-term bets against the euro using currencies other than the dollar are ...

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GM, Stellantis pay combined $363m for fuel efficiency targets

BLOOMBERG General Motors (GM) Co and Stellantis NV paid a combined $363 million in civil penalties for failing to meet US fuel efficiency standards dating back to the Trump administration, according to filings with federal regulators. Stellantis paid more than $123 million in January for missing the mark with its 2018 model year lineup and in excess of $112 million ...

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Laptop makers bet on better display tech to rekindle sales

BLOOMBERG PC makers from Lenovo Group Ltd to Samsung Electronics Co are pinning their hopes for reviving laptop sales on upgraded displays. At the Computex show in Taiwan, every major local electronics brand showed off new laptop models with OLED displays, the same technology used in smartphones. Asustek Computer, Acer Inc, Gigabyte Technology Co and Micro-Star International Co all expanded ...

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