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The Edge Malaysia
theedgemalaysia.com > node > 795979

Honda warns of US$15.7 bil charge on global EV downturn

10+ hour, 33+ min ago  (533+ words) (March 12): Honda Motor Co faces up to "2.5 trillion (US$15.7 billion or RM62 billion) in charges and an historic annual loss as it joins a growing list of global brands battered by the rapid unravelling of the electric vehicle transition." The carmaker's…...

Ars Technica
arstechnica.com > cars > 2026 > 03 > facing-heavy-losses-honda-cancels-its-three-us-made-electric-vehicles

Facing heavy losses, Honda cancels its three US-made electric vehicles

5+ hour, 41+ min ago  (240+ words) Tariffs, torn-up US emissions regs, and being uncompetitive in China are all to blame. Only now, they won't. Earlier today, Honda announced that it's facing heavy losses for the financial year: between $5.1 billion and $7 billion (820 billion1.12 trillion yen). To help stanch…...

Juno News
junonews.com > p > canadas-trade-deficit-widened-by

Canada’s trade deficit widened by more than $2B in January: StatsCan

1+ hour, 1+ min ago  (121+ words) Canada's trade deficit widened by more than $2B in January: StatsCan'Juno News Canada's trade deficit widened by more than $2B in January: StatsCan Canada's trade deficit ballooned in January as exports, particularly in the critical motor vehicle sector, crashed to their lowest…...

@cbsmoneywatch
cbsnews.com > news > todays-mortgage-interest-rates-march-12-2026

What are today's mortgage interest rates: March 12, 2026?

4+ hour, 15+ min ago  (276+ words) March 12, 2026 / 10:11 AM EDT / CBS News See how low your current mortgage rate offers are here. The average mortgage interest rate on a 30-year mortgage is 6.00% as of March 12, 2026, according to Zillow. The average mortgage purchase rate on a 15-year term…...

thedailyeconomy.org
thedailyeconomy.org > article > the-fed-has-a-groupthink-problem-warsh-can-fix-it

The Fed Has a Groupthink Problem. Warsh Can Fix It  | The Daily Economy

7+ hour, 56+ min ago  (355+ words) Evidence shows groupthink has produced suboptimal monetary policy. Kevin Warsh's out-of-sync views could bring much-needed diversity to the Fed. President Trump has nominated Kevin Warsh for the top spot at the Federal Reserve. Though a former member of the Federal…...

GoldSilver
goldsilver.com > industry-news > goldsilver-news > gold-price-rises-as-iran-war-escalates

Gold Price Rises as Iran War Escalates

3+ hour, 56+ min ago  (971+ words) Silver Rises Over 120% YTD" Invest Now " Home / Industry-News / News / Gold Price Rises as Iran War Escalates The Iran War is entering its second week " and U.S. and Israeli strikes are still expanding across the region. As uncertainty mounts over the length…...

KRDO
krdo.com > money > cnn-business-consumer > 03/12/2026 > stocks-fall-as-irans-new-supreme-leader-vows-to-keep-strait-of-hormuz-closed

Stocks fall as Iran’s new supreme leader vows to keep Strait of Hormuz closed

2+ hour, 22+ min ago  (438+ words) New York (CNN) " Stocks fell and oil prices surged Thursday as the war with Iran continued to stoke fears of higher energy costs and disruptions to the global economy. The major US stock indexes were down 1% or more, extending a…...

Newsmax
newsmax.com > finance > streettalk > stocks-oil-energy > 03/12/2026 > id > 1249237

Stocks Sink With No Clear End to the Iran War

6+ hour ago  (748+ words) Johann M Cherian and Utkarsh Hathi Thursday, 12 March 2026 10:29 AM EDT With no clear end in sight, the war with Iran is sending oil prices back to $100 per barrel and stocks sinking worldwide Thursday. The S&P 500 fell 1.1% and is returning…...

The Sun
thesun.co.uk > money > 38/49/6385 > petrol-forecourts-iran-war-drivers-charged-extra

Petrol forecourts charging hard-up drivers up to 24% extra amid Iran war

1+ hour, 35+ min ago  (793+ words) MOTORISTS have seen the cost to fill their cars soar after the Chancellor warned retailers against exploiting the Middle East conflict to push up prices. An Asda Express petrol station in Bothwell, Scotland, had the most expensive petrol and diesel…...

Community Newspaper Group
communitynewspapergroup.com > news > nation > electric-vehicle-rethink-to-cost-honda-almost-16-billion > article_38daa01a-c1f5-525f-9ffe-634eae0cc48c.html

Electric vehicle rethink to cost Honda almost $16 billion

10+ hour, 54+ min ago  (265+ words) Honda warned that expected to bokk losses of almost $16 billion in this fiscal year Japan's Honda said Thursday it expected to book nearly $16 billion in expenses and losses related to a major reorientation of its electric vehicle (EV) strategy, blaming…...