New Trump Tariffs Will Spare Partsmaker Says Magna CEO

    Swamy Kotagiri, Magna International CEO joins Bloomberg Businessweek Daily to discuss their recent earnings, the state of the auto sector and demand, EV adoption moderation. He spoke to Tim Stenovec and Carol Massar after Trump said he was raising tariffs on cars and trucks from the European Union to 25%, claiming that the bloc had…

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    AI and blockchain infrastructure company Gency AI today announced it has raised $20 million in a new funding round

    San Francisco, U.S.A., March 17, 2026 — AI and blockchain infrastructure company Gency AI today announced it has raised $20 million in a new funding round. The round saw participation from several institutions, including Y&ZC Capital, MTmetaworld Holdings, Riverpark, ArkStream, MH Ventures, ViaBTC and Basics Capital. The fresh capital is earmarked for scaling Gency AI’s…

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    Trump expands sanctions on Cuban government

    President Trump signed an executive order Friday expanding sanctions on the Cuban government, as the administration ramps up pressure on Havana to address the island’s humanitarian crisis. The executive order expands the scope of the sanctions to target “agents, officials, or material supporters of the Cuban government,” those who support Cuba’s security apparatus, and those……

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