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Nvidia-backed CoreWeave downsizes US IPO

CoreWeave reduced the size of its U.S. initial public offering and priced its shares below the indicated range, the company said on Thursday, dampening expectations that the listing would boost investor appetite for IPOs. The Nvidia-backed company is now looking…

Business

European auto suppliers body calls for solutions, not tariffs

PARIS – The European association of automotive suppliers (CLEPA) on Thursday called on policymakers in Europe to prioritise finding solutions over trade barriers after U.S. President Donald Trump announced 25% tariffs on foreign-made vehicles. “Tariffs of this scale will disrupt…