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China EV Sales Rallied in June on Policy, Price Cuts
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CNBC - Business
China-built EVs hit with EU tariffs; Nio says it may have to raise prices in Europe
Europe on Thursday confirmed tariff increases on electric vehicles imported from China to the continent with automakers criticizing the move.European Union -
Financial Times - Business
Oil prices rally as peak driving season gets under way
Brent crude has risen about $10 a barrel since early June as US stockpiles dwindle -
Yahoo News - World
China's BYD opens EV factory in Thailand, first in Southeast Asia
China -
CNBC - Business
China hopes to reach a solution with the EU on EV tariffs 'as soon as possible'
China's Ministry of Commerce said it hoped to reach an agreement soon with the European Union on the bloc's planned tariffs for imported Chinese electric cars.China -
MarketWatch - Business
Cyberattack slams brakes on U.S. auto sales in June, but setback seen as temporary
Sales of new cars and trucks in the U.S. fell in June to a five-month low — and criminal computer hackers are largely to blame. -
The Hill - Politics
Trump a 'wild card' on China as allies push for tougher policy
Former President Trump and his top foreign policy advisers are putting Chinese President Xi Jinping on notice, threatening to enact a more aggressive U.S. policy toward China as Trump looks increasingly likely to return to the White House. ...Donald Trump -
CBS News - Top stories
Hiring in the U.S. slowed in June, raising hopes for interest rate cuts
Employers added 206,00 jobs last month, a sign the labor market remains healthy despite slowing economic growth. -
MarketWatch - Business
Saudi Arabia cuts Asia oil prices for second straight month
Looking at other importing regions, the oil producer instead increased its August prices for all grades for customers in northwest Europe and the Mediterranean. -
MarketWatch - Business
Ford’s EV sales surge, fueled by strength in F-150 Lightning electric trucks
Ford reported second-quarter U.S. electric-vehicle sales Wednesday that rose sharply from a year ago, boosted by strength in sales of its F-150 Lightning electric trucks. -
The Guardian - World
China to hold hearing into brandy imports as tension grows with EU over tariffs on EVs
Ministry will discuss investigation into claims that European producers are selling goods below market rates. Business live – latest updatesChina has ramped up its anti-dumping investigation into European brandy imports in what appears to be a ...China
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Samsung Electronics Expects Surge in Second-Quarter Profit
The South Korean tech giant forecast a surge in second-quarter earnings, suggesting that its flagship semiconductor business sustained a strong recovery. -
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BMW Hopes to Be a Steady Hand Amid EV Uncertainty
BMW is sticking to planned investments for its battery-powered future while holding onto its conventional gasoline-fueled roots, its technology chief Frank Weber said in an interview. -
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Barclays Sells German Consumer Finance Business to Austria's Bawag
Barclays said its Hamburg-based Consumer Bank Europe—which offers diversified retail banking services to the German and Austrian markets—will be bought for a small premium to net assets.Germany