Latest in Chinese EV makers' go global drive hits bumps amid Beijing's warning, failed deals
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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 -
Chinese share buybacks hit record high as Beijing steps up support
Policymakers push companies to return cash to shareholders as they try to revive flagging stock marketBusiness - Financial Times - October 21 -
Chinese EV and self-driving tech companies turn to IPOs for cash
Funding has been drying up for car start-ups in fiercely competitive domestic marketWorld - Financial Times - October 24 -
China warning hits another medical equipment maker
Smith & Nephew shares slumped on Thursday as it became the second health equipment company in a week to warn that Chinese sales were getting hit hard.Business - MarketWatch - October 31 -
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.Business - MarketWatch - October 17 -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - October 31 -
Italian President Mattarella meets Chinese leader Xi in Beijing amid complex ties
Italian President Sergio Mattarella has met with Chinese leader Xi Jinping Friday on an official visit to ChinaWorld - ABC News - 6 days ago -
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't always result in long-term successes.Business - CNBC - Yesterday -
Global carbon deal agreed even as US warns climate may be on ‘back burner’
Biden diplomat at COP29 says Trump’s election is ‘bitterly disappointing’ for those worried about global warmingBusiness - Financial Times - 3 days ago -
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 -
Mexico's Perez hits another bump in the road
Sergio Perez's self-proclaimed "terrible" season took another turn for the worse on Saturday.Sports - ESPN - October 27 -
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Chinese exports soar as Beijing prepares for trade tensions with Trump
China could respond to aggressive new tariffs with bigger stimulus action or currency depreciation, say analystsWorld - Financial Times - November 7 -
FirstFT: Trump’s first appointment
Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker payWorld - Financial Times - 6 days ago -
Hong Kong stocks fall as China’s stimulus package disappoints
Hang Seng index down 1.5% after Beijing unveils $1.4tn plan to restructure local government debt but no consumer supportBusiness - Financial Times - 3 days ago -
How Beijing Tamed a Lawless Industry and Gained Global Influence
State-controlled companies now run an industry once known for its acid pits, radioactive waste and smugglers.Business - The New York Times - October 28 -
EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - October 30 -
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World’s largest transformer maker warns of supply crunch
AI data centre demands and renewable energy’s dispersed nature are driving equipment orders for power grid upgradesBusiness - Financial Times - November 3 -
Tesla earnings are the ‘next big thing’ for the EV maker as it tries to be magnificent again
Tesla’s stock has traded lower after six of its last eight reports, with the average stock price swings of plus or minus 10% in the past eight post-earnings days.Business - MarketWatch - October 22 -
Chinese EVs leave other carmakers with only bad options
If you believe the auto transition must happen at some point, delaying simply puts you further behindWorld - Financial Times - October 31 -
Plane fails to land amid fierce typhoon in Taiwan
A plane at Taoyuan Airport was forced to abort its initial landing amid strong winds.Top stories - BBC News - November 1 -
Chinese AI groups get creative to drive down cost of models
01.ai, Alibaba and ByteDance have cut ‘inference’ costs despite Washington curbs on accessing cutting-edge chipsWorld - Financial Times - October 19 -
Armed rebels threaten Colombia’s ‘peace’ drive at global nature summit
COP16 conference comes as observers say violent groups have weaponised deforestationBusiness - Financial Times - October 20 -
Amid Earth's heat records, scientists report another bump upward in annual carbon emissions
Even as Earth sets new heat records, humanity this year is pumping 330 million tons (300 million metric tons) more carbon dioxide into the air by burning fossil fuels than it did last yearTech - ABC News - 2 days ago -
IMF warns world to avoid global trade war
Economic fears have been rising over Donald Trump's mega-tariff plan and rising US debts.Top stories - BBC News - October 24 -
Is the UN warning of 3.1C global warming a surprise?
Another dire temperature prediction but it has to be seen in context.Top stories - BBC News - October 24 -
Policymakers warn protectionism threatens global economic recovery
Officials fear rules-based order is under threat as race for US presidency enters final daysBusiness - Financial Times - October 27 -
China blocking UK plans in Beijing amid east London mega-embassy dispute
Exclusive: UK rebuild of Beijing embassy held up as Angela Rayner faces fraught decision on Royal Mint Court site. UK politics live – latest updates China is blocking requests to rebuild the ...World - The Guardian - November 5 -
As China approaches WTO, analysts say Beijing-EU tariff spat unlikely to go 'too far'
China's commerce ministry said Monday that it had filed an additional appeal with the WTO over the EU's tariffs on its EVs, as bilateral talks have yet to lead to a breakthrough.Business - CNBC - November 5 -
Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft
As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.Business - CNBC - October 24 -
Trump Tariff Plans Push Sunscreen Maker Edgewell to Lock in Chinese Chemicals Supply
The maker of Banana Boat and Hawaiian Tropic, as well as rival Neturogena manufacturer Kenvue, relies on heavily engineered chemicals that are hard to buy elsewhere.Business - Inc. - 6 days ago -
L’Oréal sales disappoint due to weak Chinese demand
Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per centBusiness - Financial Times - October 22 -
Chinese Students Went on Mass Night Bike Rides. Officials Shut Them Down.
Making the impromptu five-hour ride between two Chinese cities became a craze among young people. But as their numbers swelled, the authorities shut it down.World - The New York Times - 3 days ago -
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 -
NHS in England to receive £1.5bn next year to boost appointments
Fresh funding comes as part of wider package which will be set out by Reeves in Budget on WednesdayBusiness - Financial Times - October 28 -
Chancellor announces £1.5bn for Stormont next year
Rachel Reeves also gives the go ahead to funding for Causeway Coast and Mid South West growth deals.Top stories - BBC News - October 30
