Latest in EU rejects Chinese EV makers’ bid to avert hefty tariffs
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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 -
EU imposes new tariffs on Chinese cars
The European Union on Wednesday imposed tariffs on Chinese-produced electric vehicles (EVs), adding another pressure point to Chinese EVs on top of existing American duties imposed by President ...Politics - The Hill - October 30 -
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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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. - 5 days ago -
Xpeng president says Chinese EV firm remains committed to Europe despite pressure from tariffs
Xpeng, the Chinese electric vehicle maker, says it remains committed to Europe for the long term despite pressure it faces from the European Union's tariffs.Business - CNBC - October 15 -
China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles
China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehiclesWorld - ABC News - November 4 -
China 'does not agree or accept' the EU's EV tariffs, says negotiations are still ongoing
The extra tariffs will range from 7.8% for Tesla to 35.3% for SAIC Motor, and stack on top of the 10% standard import duty for cars to the EU.Business - CNBC - October 30 -
Businesses brace for Trump tariffs on Chinese goods
Businesses are preparing for the spate of new tariffs on Chinese goods promised by former President Trump on the campaign trail, making advanced purchases of imported goods and buying up extra ...Politics - The Hill - October 30 -
Foreign appliance maker on Trump tariffs: Risks, opportunities, ‘but mostly uncertainty’
A Swedish appliance maker with factories in the U.S. doesn’t know quite what to make of the possibility of new tariffs in a second Trump presidency.Business - MarketWatch - October 25 -
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Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - 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 -
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 -
What to know about Europe's tariffs on Chinese electric vehicles
The European Union has finalized its sharply higher customs duties on electric vehicles imported from ChinaTech - ABC News - October 30 -
FirstFT: Trump’s first appointment
Also in today’s newsletter, Fed cuts rates and Citi revamps wealth banker payWorld - Financial Times - 5 days ago -
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 -
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 -
Imran Khan uni chancellor bid rejected, says adviser
Mr Khan applied for the role from prison in Pakistan, where he has been for over a year.Top stories - BBC News - October 16 -
Barca chief says club rejected $270M Yamal bid
Barcelona president Joan Laporta claims the club turned down an offer worth $270 million (€250M) for forward Lamine Yamal in the summer.Sports - ESPN - October 18 -
Prosecutors Urge Judge Not to Dismiss Bribery Charge Against Eric Adams
Mayor Eric Adams has asked a judge to drop one of five counts against him and to discipline prosecutors, whom he has accused of improperly leaking information to the news media.Top stories - The New York Times - October 19 -
Belarus commission approves Lukashenko's 7th term bid but rejects opposition candidates
The national elections commission in Belarus has registered an initiative group for authoritarian President Alexander Lukashenko to seek a seventh term in office, but rejected the attempts of two ...World - ABC News - October 29 -
Michael Jordan’s Fast-Track NASCAR Discovery Bid Rejected
In an early but narrow victory for NASCAR as it defends an antitrust lawsuit brought by Michael Jordan-owned 23XI Racing and Front Row Motorsports, a federal judge Thursday denied the race teams’ ...Sports - Yahoo Sports - November 1 -
Supreme Court rejects RNC bid to stop provisional option for some Pennsylvanians
The Supreme Court on Friday said it won’t block Pennsylvanians whose mail votes are voided for technical reasons from voting provisionally at their polling place on Election Day, rejecting a ...Politics - The Hill - November 1 -
US regulator rejects bid to boost nuclear power to Amazon data center
The Federal Energy Regulatory Commission (FERC) rejected an effort Friday to allow an Amazon data center to tap into additional power from a nearby Pennsylvania nuclear plant. The decision could ...Politics - The Hill - November 4 -
Israeli Court Rejects Netanyahu’s Bid to Delay Corruption Trial Testimony
The court ruled that Prime Minister Benjamin Netanyahu must take the stand on Dec. 2 in a trial that has stretched out for more than four years.World - The New York Times - 9 hours ago -
Israeli Court Rejects Netanyahu’s Bid to Delay Corruption Trial Testimony
The court ruled that Prime Minister Benjamin Netanyahu must take the stand on Dec. 2 in a trial that has stretched out for more than four years.Top stories - The New York Times - 9 hours ago -
Tariff test for EU as Trump prepares to squeeze trade partners
Senior US official urges Brussels to postpone resumption of ‘retaliatory’ levies scheduled for MarchBusiness - Financial Times - Yesterday -
Europe markets watchdog bids to become EU’s version of SEC
Verena Ross calls for more centralised powers in response to appetite for stronger capital markets and investment in blocWorld - Financial Times - October 21 -
EU leader praises Serbia for its advances in EU membership bid despite growing Russian influence
European Commission President Ursula von der Leyen on has praised the Serbian president for meeting her and other European Union leaders instead of attending a Russia-organized summit of developing ...World - ABC News - October 25 -
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 -
Wolfspeed, a Maker of EV Chips, Gets $750 Million in Grants for North Carolina Plant
The government money, and matching funds from a group of financial firms, will be used for its new silicon carbide wafer plant in the Research Triangle area.Business - Inc. - October 15 -
Spanish train maker Talgo in rival deal talks after Hungary-backed bid
Company ‘analysing a possible transaction’ with steelmaker SidenorWorld - Financial Times - October 21 -
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 - 6 hours ago -
Trump’s tax plans: $7,500 EV credit likely to get axed, as tariffs spark anxiety
One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.Business - MarketWatch - Yesterday -
Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...World - The Guardian - October 21
