Chinese EV Makers Pin Hopes on Europe’s Fading Auto Dealers
Even before the European Union targeted imports of cheap Chinese electric vehicles, their makers faced another big challenge:
2023-09-16 08:26
Automakers, UAW Spend Strike’s First Day in War of Words
The United Auto Workers and Detroit automaker executives exchanged harsh words on Friday, the first day of the
2023-09-16 06:47
Chinese electric cars will reduce UK emissions but what about rivals here?
Chinese car imports will help the UK hit its net zero goal but could damage its own car industry.
2023-09-16 05:24
Indigo Ag Attracts $250 Million to Scale Up Carbon Capture
A sustainable farming company that helps fight climate change has secured $250 million in funding, a boost it
2023-09-16 02:19
ECB Shouldn’t Raise Rates Further, French Finance Minister Le Maire Says
French Finance Minister Bruno Le Maire urged the European Central Bank not to raise interest rates again, joining
2023-09-15 23:54
United Auto Workers Go On Strike After Contract Talks Break Down
The United Auto Workers began an unprecedented strike at all three of the legacy Detroit carmakers, kicking off
2023-09-15 17:17
Chinese Developer Sino-Ocean Suspends Offshore Debt Payments
Chinese state-linked developer Sino-Ocean Group Holding Ltd. has suspended payment on all its offshore borrowings, citing tight liquidity,
2023-09-15 16:47
Group in Casino Hacks Skilled at Duping Workers for Access
The hacking group suspected of cyberattacks against two giant casino operators has quickly made a name for itself
2023-09-15 08:52
Chip Designer Arm Jumps 25% in Debut Win for Owner SoftBank
Arm Holdings Plc climbed 25% in its trading debut after raising $4.87 billion in the year’s biggest initial
2023-09-15 08:52
In a bad omen for inflation, US oil prices top $90 a barrel for the first time this year
US oil prices climbed above $90 a barrel on Thursday for the first time in 10 months, threatening to push gasoline prices even higher and heat up inflation across the economy.
2023-09-15 08:27
Biden Speaks With UAW President, Auto Executives Ahead of Strike Deadline
President Joe Biden spoke with United Auto Workers President Shawn Fain and executives from Detroit’s three legacy automakers
2023-09-15 07:20
China Cuts Bank Reserve Requirements to Aid Fiscal Stimulus
China’s central bank cut the amount of cash lenders must hold in reserve for the second time this
2023-09-15 06:45