06:14 AM EST, 03/04/2025 (MT Newswires) -- EUR/USD had a decent rally on Monday as investors focused on the explosive rally in European defence stocks, said ING. That Europe needs to spend a lot more on defense now is not in doubt, wrote the bank in a note to clients. The question is, what does it mean for foreign exchange?...

LONDON (Reuters) - For the past two months, tech billionaire Elon Musk has promoted Germany's far-right party in at least two dozen posts on his X platform, interviewed its leader, and told his 219 million followers it was the country's only hope.  Yet Musk's support for Alternative fur Deutschland played little part in the party's stunning second-place result in the...

05:58 AM EST, 03/04/2025 (MT Newswires) -- The US government office responsible for a $52 billion chip subsidy program is set to lose roughly two-fifths of its employees under President Donald Trump's planned workforce reductions, Bloomberg News reported Monday, citing people familiar with the matter. The job cuts include some 20 employees who accepted a voluntary deferred resignation and quit...

06:14 AM EST, 03/04/2025 (MT Newswires) -- Tesla (TSLA) sold 30,688 China-made electric vehicles in February, a 49.2% decrease from a year earlier, Reuters reported Tuesday, citing data from the China Passenger Car Association. Deliveries of China-made Model 3 and Model Y vehicles dropped 51.5% compared to the previous month. Tesla did not immediately respond to MT Newswires' request for...