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Tesla's vehicle sales slid for a second straight quarter but not as much as expected, lifting the company's stock price by 10% at Tuesday's close and keeping the company ahead of rival BYD as the world's largest seller of electric vehicles.
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The Hill - Politics
The Chinese electric vehicle tariff conundrum
Good trade policy is not easy.EV -
ABC News - World
Europe is slapping tariffs on Chinese electric vehicles — for now. Here's what to know
The European Union is moving to sharply increase customs duties on electric vehicles made in ChinaEurope -
ABC News - Tech
Europe is slapping tariffs on Chinese electric vehicles. Here's what to know.
The European Union is moving to sharply increase customs duties on electric vehicles made in ChinaEurope -
Financial Times - World
Indonesia’s Prabowo sparks spending concerns with $28bn free school meals plan
Incoming president considers enlarged government and increased borrowing in break with predecessor Widodo -
Financial Times - World
FirstFT: Democratic governors back Biden
Also in today’s newsletter, a $2.65bn luxury department store deal and Goldman lobbies to change Fed’s stress test resultJoe Biden -
Financial Times - World
Belarus opposition calls for Brussels to protect stateless exiles
Also in this newsletter: How mafia organisations are infiltrating local governments in Italy -
ABC News - Top stories
Parent company of Saks Fifth Avenue to buy rival Neiman Marcus
The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake -
The Wall Street Journal - World
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. -
The Wall Street Journal - Business
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. -
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.
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