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Porsche Faces Sales Slump, Tariff Threats, and Production Challenges in the US

Key Points Porsche is experiencing declining sales, reduced earnings, and executive shakeups. The U.S. is now its largest market but relies entirely on imports. New U.S. tariffs on EU car imports could force Porsche to consider local production. Porsche’s return on sales is expected to drop to 10%, leading to a stock decline. Analysts predict that higher tariffs could wipe out €2.1 billion in earnings for German automakers. Porsche AG is struggling with declining sales, falling earnings, and internal management...

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European Central Bank Faces Major Leadership Shakeup Amid Economic Uncertainty

Key Points Seven of the European Central Bank’s 26 rate-setters will leave by December, marking the biggest personnel shift since 2019. Departing members include key figures from Europe’s debt crisis, raising concerns over lost expertise. The transition comes amid economic uncertainty, with inflation still high and potential U.S. tariffs looming. New members may take time to establish their policy stance. A more significant leadership shakeup...

EU to Rule on AMD’s $4.9 Billion Acquisition of ZT Systems by March 12

Key Points The EU will decide by March 12 whether to approve AMD’s $4.9 billion acquisition of ZT Systems. The acquisition aims to enhance AMD’s AI hardware capabilities. ZT Systems specializes in AI infrastructure for hyperscale computing and works with major clients like Microsoft and Meta. EU regulators will review the deal and may approve it, impose conditions, or launch a detailed investigation. If approved,...

China Retaliates Against US Tariffs with Sanctions on American Companies

Key Points China imposed new tariffs on U.S. coal, oil, and certain automobiles in response to U.S. trade restrictions. Chinese regulators launched an antitrust investigation into Google. PVH Corp and Illumina were added to China’s “unreliable entity” list, facing potential sanctions. A 10% tariff was imposed on U.S. farm equipment, affecting companies like Caterpillar and Deere & Co. Tesla’s Cybertruck could face new import duties...

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