Feb 9 (Reuters) - Chinese automaker BYD has filed a lawsuit against the U.S. government challenging President Donald Trump's bid to use sweeping authority to impose tariffs, and requesting a refund for all levies it paid since last April, court documents show.
The lawsuit, the first by a Chinese carmaker over U.S. tariffs, follows similar complaints by thousands of global companies with U.S. operations challenging Trump's use of the International... (continue reading...)
Feb 9 (Reuters) - Alphabet is looking to raise about $15 billion from a U.S. high-grade dollar bond sale, Bloomberg News reported on Monday, citing people with knowledge of the matter.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Arun Koyyur)
BRASILIA, Feb 9 (Reuters) - Brazil's central bank chief, Gabriel Galipolo, said policy "calibration" was the key on Monday, stressing a data-dependent stance at this stage of the monetary policy cycle after policymakers signaled they were likely to begin easing in March.
Galipolo said it must be acknowledged that the inflation outlook had improved.
He cautioned, however, that, despite interest rates standing at a restrictive 15%, labor... (continue reading...)
Feb 9 (Reuters) - Workday said on Monday co-founder Aneel Bhusri will return as the company's CEO and Carl Eschenbach will step down from the role, effective immediately.
Shares of the company fell more than 5% in premarket trading.
The move comes as the human resources software provider looks to leverage artificial intelligence to stand out amid strong competition from rivals looking to grow market share.
BEIJING, Feb 9 (Reuters) - China's Nio is recalling 246,229 vehicles due to a software issue that poses safety hazards, marking the largest recall by a homegrown electric vehicle maker.
The recalled EVs include models ES8, ES6 and EC6 and were manufactured between March 16, 2018 and January 16, 2023, a statement released by the State Administration for Market Regulation on Monday said. Some of these vehicles have a software issue that could lead... (continue reading...)
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