(Reuters) - U.S. auto sales likely inched higher in the first three months of the year on steady demand, data from the carmakers will show on Tuesday, as the industry braces for the fallout of President Donald Trump's latest tariffs. Market research firm Cox Automotive has estimated that U.S. new-vehicle sales volume increased 0.6% to 3.79 million units in the...

06:28 AM EDT, 04/01/2025 (MT Newswires) -- WF International, an electromechanical services company, said Monday it priced its initial public offering of 1.4 million ordinary shares at $4 per share for expected gross proceeds of $5.6 million. The shares have been approved for listing on the Nasdaq Capital Market and are expected to start trading this Tuesday under the ticker...

HONG KONG (Reuters) - China's Luxshare Precision Industry, maker of Apple AirPods, is considering a Hong Kong listing this year, three people familiar with the matter said, adding to a recent run of mainland China-listed companies eyeing a Hong Kong float. Shenzhen-listed Luxshare has been discussing the deal with investment bankers and is due to hand out mandates shortly to...

06:26 AM EDT, 04/01/2025 (MT Newswires) -- Estee Lauder ( EL ) is facing a lawsuit accusing the cosmetic company of defrauding shareholders by concealing its reliance on gray-market sales in China, according to a ruling by a federal judge in Manhattan on Monday. US District Judge Arun Subramanian determined that shareholders had identified several misleading omissions and 'half-truths' in...