Latest in China expands its EV charging network as sales surge
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Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
Porsche AG Sales Fall Amid Slow EV Market, China Woes
Porsche AG posted lower sales and operating profit as it faced challenges in China and a slower-than-expected shift to electric vehicles.Business - The Wall Street Journal - October 25 -
China's new crew has arrived at space station in sign of growing influence in field
A Chinese space ship carrying a three-person crew has docked with its orbiting space station as the country seeks to expand its exploration of outer spaceTech - ABC News - October 30 -
Intel books big charges for restructuring, but here’s why its stock is surging
The company says business trends are improving despite ‘noisy’ earnings.Business - MarketWatch - 6 days ago -
China's Xiaomi delivers 20,000 EVs in October, just months after launching its first car
The Chinese smartphone company also announced a high-end sports version of the car, the SU7 Ultra, would begin preorders ahead of a product release in March.Business - CNBC - October 30 -
Volvo Global Sales Boosted by EVs
The carmaker’s global sales rose 3% in October, with solid performance of its electrified range in Europe, but sales in the U.S. and China declined.Business - The Wall Street Journal - 3 days ago -
ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales
ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.Business - CNBC - October 17 -
FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - 6 days ago -
Russia, China collaborating with criminal networks in cyberattacks against adversaries: Microsoft
Russia, China and Iran are increasingly collaborating with cybercrime networks to launch a variety of attacks against their adversaries, including the U.S., Microsoft said in a report Tuesday. The ...Politics - The Hill - October 15 -
Ryanair repays 'potentially oversize' bag charge over woman's expandable suitcase
Catherine Warrilow says an airline worker feared her case might be hard to fit into a plane locker.Top stories - BBC News - October 31 -
Dye & Durham to Consider Sale as Strategic Review Process Expands
Review comes after shareholders expressed concerns about the cloud-based software and technology company spending money on acquisitions instead of paying down debt..Tech - The Wall Street Journal - October 22 -
Why GM’s Mary Barra Still Believes in EVs, Despite Slow Sales
Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.Business - The New York Times - October 17 -
Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
The milestone comes amid tough competition in China, the world's largest auto market, as well as higher tariffs on imports of Chinese EVs into the EU.Business - CNBC - October 31 -
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Russia Could Expand Its Assistance to Houthis, U.S. Says
The group’s attacks in the Red Sea have driven up shipping costs and forced the United States and its allies to increase their naval presence in the region.World - The New York Times - October 25 -
Cyprus is committed to expanding defense ties with the US, says its president
The president of Cyprus says his administration is committed to expanding defense and security cooperation with the U_S_ as his meeting with the American President Joe Biden last week charted a ...World - ABC News - 3 days ago -
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US approves lithium project in push to break China’s grip on EV minerals
Biden administration issues rare mine approval for Ioneer site in Nevada and extends tax breaks to companiesBusiness - Financial Times - October 24 -
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China’s premier defends free trade on eve of US presidential election
Li Qiang bemoans global rise of protectionism at Shanghai import expo amid escalating tariff brawlWorld - Financial Times - 2 days ago -
LVMH stock falls on slumping luxury sales in China
LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter salesBusiness - MarketWatch - October 16 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
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Saab Sees Sales at Upper End of Guidance as Defense Spending Surges
The Swedish defense company said demand remained high across its business units, but it noted significant strength in its dynamics division, which produces equipment such as ground combat weapons ...Business - The Wall Street Journal - October 22 -
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.Business - The New York Times - October 30 -
Sales surge for dystopian books after Trump election victory
The Handmaid’s Tale has risen more than 400 places on bestseller charts since Wednesday with a similar rush for copies of On Tyranny by Timothy Snyder. Books about democracy, dystopia, tyranny, ...World - The Guardian - 1 hour ago -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
How Volkswagen Lost Its Way in China
A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years.Business - The New York Times - October 31 -
Netflix's subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering offTech - ABC News - October 17 -
China's factory activity expands for the first time since April, official survey shows
China's official purchasing managers' index for October came in at 50.1, according to National Bureau of Statistics data released Thursday.Business - CNBC - October 31 -
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China arrests South Korean chip engineer on espionage charges
Move escalates battle over intellectual property theft between Beijing and Seoul in critical semiconductor sectorBusiness - Financial Times - October 29 -
Italy expands its ban on surrogacy to overseas as critics say it targets same-sex couples
Italy on Wednesday criminalized citizens who go abroad to have children through surrogacy, while opponents slam it as “medieval” and discriminatory to same-sex couplesWorld - ABC News - October 16 -
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China's September Auto Sales Reverse Five-Month Declines
China’s passenger-vehicle sales rose in September, reversing five months of declines thanks to supportive government policies and improving consumer sentiment.Business - The Wall Street Journal - October 12 -
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.Business - The New York Times - October 17
