MILAN, March 4 (Reuters) - Automaker Stellantis said on Tuesday it welcomed the European Commission's announcement that it would propose a softening of the bloc's carbon emission targets for cars. The Commission, the European Union executive body, yielded to pressure from European automakers by announcing on Monday it would give them three years, rather than only one, to meet new...

BRUSSELS, March 4 (Reuters) - New EU plans to strengthen Europe's defence industry and increase military capabilities could mobilize close to 800 billion euros ($841.4 billion), EU Commission President Ursula von der Leyen said on Tuesday. The EU will propose to give member states more fiscal space for defence investments, as well as 150 billion euros in loans for those...

03:46 AM EST, 03/04/2025 (MT Newswires) -- (Updates with statement from Honda ( HMC ) in the fourth and fifth paragraphs.) Honda Motor ( HMC ) has decided to manufacture its next generation of Civic hybrid vehicles in the US state of Indiana instead of Mexico to avoid possible tariffs, Reuters reported Monday, citing three people familiar with the matter....

* US construction sector slowdown continues to weigh * Ashtead maintains full-year outlook * Shares fall 3.5% to lowest since November 2023 (Writes through with share price move, context, CEO comment, rivals' performance) March 4 (Reuters) - British equipment rental company Ashtead missed third-quarter pre-tax profit and revenue expectations on Tuesday, pressured by weakness in the U.S. construction sector, which...