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 - November 1 -
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 - November 4 -
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 - October 31 -
Sony’s Q2 game/network service sales rise 12% to $7.01B
Helldivers 2 has sold 12 million copies on the PS5 and PC to date, while Astro Bot has sold more than 1.5 million copies to date.Tech - VentureBeat - November 8 -
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 -
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China is expanding visa-free entry to more countries in bid to boost economy
China is going to expand visa-free entry to citizens of nine more countries as it seeks to boost tourism and business travel to help revive a sluggish economyWorld - ABC News - Yesterday -
Disney doesn't plan to change its TV networks portfolio anytime soon
Disney doesn't foresee parting with its TV networks, more than a year after CEO Bob Iger went public with the consideration.Business - CNBC - November 14 -
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 -
XPeng Halves Loss on Strong EV Sales, Record Margin
Known for its high-end software-driven smart EVs, XPeng has targeted the mid- to low-price segments lately, hoping to woo price-sensitive customers.Business - The Wall Street Journal - 4 days ago -
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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 - November 3 -
BlackRock expands its tokenized money market fund to Polygon and other blockchains
BlackRock launched the USD Institutional Digital Liquidity Fund on Ethereum earlier this year.Business - CNBC - November 13 -
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 -
Richemont Sales Fall as Luxury's China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.Business - The Wall Street Journal - November 8 -
China’s retail sales jump but property gloom persists
Policymakers have unveiled a range of stimulus measures to restore confidence in the economyWorld - Financial Times - November 15 -
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 - November 7 -
Russian sales of Chinese cars surge after western sanctions hit
Purchases of vehicles from Asian nation’s automakers reach fresh records as Russians ‘vote with their wallets’World - Financial Times - November 15 -
Home sales surged in October, just before mortgage rates jumped
Sales were 2.9% higher than October of last year, marking the first annual increase in over three years.Business - CNBC - Yesterday -
Home sales surged in October, just before mortgage rates jumped
A sharp drop in mortgage rates brought homebuyers off the fence in October after a slow summer.Top stories - NBC News - Yesterday -
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 - November 5 -
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Granholm warns that cutting EV tax credits would be ‘ceding’ to China
Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for electric vehicles (EVs) would benefit China. “You eliminate these credits, ...Politics - The Hill - November 15 -
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Lucid opens its order books for Gravity SUV, calling it a ‘landmark’ EV
Lucid to start taking orders for its Gravity SUV and says its financial runway is wide open through 2026.Business - MarketWatch - November 8 -
A surge in mass attacks has killed dozens in China in recent months
Dozens of people have been killed in China in the past three months in a series of mass attacks using vehicles or knivesWorld - ABC News - 3 days 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 -
MicroStrategy’s stock surges on $4.6 billion bitcoin buy
MicroStrategy shares are surging on the software company and cryptocurrency play’s $4.6 billion bitcoin buy.Business - MarketWatch - 4 days ago
