BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War

China’s electric vehicle market is the world’s largest — and its most cutthroat, with dozens of brands jostling for position.

Business - The New York Times - 2 days ago

China’s EV price war set to intensify next year as BYD squeezes suppliers

Chinese carmaker asks auto parts providers to cut their prices by 10%

World - Financial Times - 3 days ago

SpaceX Asked Starlink Suppliers to Leave Taiwan Amid Tensions With China

World - Yahoo News - November 6

GM lays off 1,000 employees amid reorganization, cost-cutting

The layoffs, which were announced Friday morning via email to those impacted, were across the business.

Business - CNBC - November 15

GM lays off 1,000 employees amid reorganization and cost-cutting

General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the ...

How the FedEx-UPS Price War Could Slash Year-End Costs for Small Businesses

Falling parcel volumes and fewer year-end shopping days, this year have led the two transporters to extend big price reductions to small business owners.

Business - Inc. - November 8

Car supplier Bosch to cut working hours for employees in Germany

World - Yahoo News - November 23

Sainsbury's to rival Aldi prices in smallest stores

It follows criticism that shopping in convenience stores can be more expensive than main supermarkets.

Starbucks has been outclassed by local rivals in China

Coffee giant would benefit from a helping hand from a local partner

World - Financial Times - 5 days ago

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

Rival fans at Old Trafford and Anfield to unite in protests against ticket prices

Fans to come together at Sunday’s Premier League games Manchester United raised members’ ticket prices to £66 Manchester United, Everton, Liverpool and Manchester City fans will hold joint ...

World - The Guardian - 2 days ago

Making Fun of Men in China Comes at a Cost

Chinese companies are trying to exploit burgeoning interest in women-focused content without upsetting male customers.

World - The Wall Street Journal - November 11

German auto supplier Bosch to cut 5,500 jobs in further sign of auto industry woes

World - Yahoo News - November 22

German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology

World - ABC News - November 22

Butter thefts highlight cost of Russia’s war economy

Rampant inflation of staple food prices is linked to soaring defence spending

Business - Financial Times - November 11

Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs

ASML and Tokyo Electron shares rose after a report that the U.S. is considering sanctions on China's chip industry that stop short of earlier proposals.

Business - CNBC - 2 days ago

Astonish cut-price soaps clean up in supermarkets

A family manufacturer in Bradford has been propelled by the growth of discount retailers

Business - Financial Times - November 12

Taiwan president will visit allies in South Pacific as rival China seeks inroads

Taiwanese President Lai Ching-te will visit the self-governing island’s allies in the South Pacific, where rival China has been seeking diplomatic inroads

World - ABC News - November 22

After War in Gaza, Rivals Hamas and Fatah Don't Plan to Be in Charge

The Palestinian factions aim to create an apolitical committee acceptable to Israel to oversee aid distribution and rebuilding.

World - The Wall Street Journal - November 12

Trump tells NBC News there is 'no price tag' for his deportation plan

In an exclusive interview with NBC News' Kristen Welker, President-elect Trump discussed how he views his victory over Vice President Harris as a mandate to "bring common sense to the country." ...

Oil ends down on the day, up for the week on conflicting supply-demand prospects

Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...

Business - MarketWatch - November 8

The price of love: how much does dating cost – and who pays the bill?

From subscribing to apps to who should foot the cost of nights out, it’s worth getting your finances right. Putting yourself out there always comes at a cost: you have to be vulnerable, open ...

World - The Guardian - November 9

How new producer price data signals potential costs for Americans

New economic data is trickling in and the latest producer price index numbers could signal a potential trend about the state of inflation in the U.S. CBS MoneyWatch correspondent Kelly O'Grady has ...

Australian judge rules senator broke race law by telling rival legislator to return to Pakistan

An Australian judge has ruled that anti-immigration party leader Sen. Pauline Hanson breached a racial anti-discrimination law by crudely telling Pakistan-born Sen. Mehreen Faruqi to return to her ...

World - ABC News - November 1

Bolivia's Evo Morales tells AP he'll press on with a hunger strike until his rival accepts dialogue

Bolivia’s transformative and divisive former President Evo Morales has told the Associated Press that he would press on with a hunger strike until the government of his protégé-turned-rival agreed ...

World - ABC News - November 3

Roger Federer tells friend and rival Rafael Nadal that he made him enjoy tennis more

Roger Federer says Rafael Nadal made him enjoy tennis even more during a rivalry that spanned 40 matches over 15 years

Sports - ABC News - November 19

VW boss Blume says company's cost-cutting goals are set

World - Yahoo News - November 3

BT says UK Budget will lift costs by £100mn as it lowers revenue guidance

Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’

World - Financial Times - November 7

Rivian Reassures Investors With Cost Cuts, Green Credit Sales

Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.

Business - Inc. - November 8

Deutsche’s private bank fires over 100 bankers in cost-cutting drive

Frankfurt-headquartered lender has imposed demanding targets on underperforming unit

Business - Financial Times - November 11

23andMe to slash 40% of its workforce, end therapeutics program to cut costs

DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.

Business - MarketWatch - November 12

Chris Wallace exits CNN as post-election cost-cutting begins

Wallace moved from Fox News to CNN in late 2021 to be a host on its short-lived streaming service. He hosts "Who's Talking to Chris Wallace?"

Entertainment - Los Angeles Times - November 12

Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure

The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.

Business - The Wall Street Journal - November 11

Companies rush to US bond market as Trump rally cuts borrowing costs

Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this week

Business - Financial Times - November 15

How Elon Musk Cuts Costs at Tesla, SpaceX and X

Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. ...

Business - The New York Times - November 16

Ford to Cut 4,000 Jobs in Europe in Cost-Saving Drive

Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.

Business - The Wall Street Journal - November 20

BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War

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