07:56 AM EDT, 04/08/2025 (MT Newswires) -- BlackRock has downgraded US equities to neutral from overweight on a three-month horizon, Bloomberg reported Tuesday, citing an analyst note. The BlackRock strategists said they anticipate more pressure on risk assets in the near term given the major escalation in global trade tensions. The considerable drop in wealth could hurt sentiment and consumer...

MILAN (Reuters) - Stellantis' ( STLA ) Italian auto production dropped further in the first quarter after output in the country fell to an almost 70-year low in 2024, the FIM Cisl union said on Tuesday, as new models will not support activity before next year. Vehicle production in the January-March period, comprising passenger cars and vans was down 35.5%...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

07:56 AM EDT, 04/08/2025 (MT Newswires) -- RTX's (RTX) Pratt & Whitney business said Tuesday that it has developed a new additive manufacturing repair that will reduce process time by over 60% for critical GTF engine components. The company said the new technology allows for the repair of GTF structural case features using a 3D printing method, eliminating several steps...