List of All Articles with Tag 'r'

Prime Minister Giorgia Meloni has just five months left to find a new Bank of Italy chief in

Asian markets sank Wednesday on worries that hardline Republicans could vote down a crucial bill to hike the US borrowing limit and risk a catastrophic default that could...

Former Treasury Secretary Lawrence Summers sees US interest rates headed higher in the short-run and US taxes rising

A private jet used by Elon Musk arrived in Beijing on Tuesday afternoon, shortly after it was confirmed that the Tesla boss would be visiting China this week for the first time in three years. In response to reports of Mr Musk’s visit, China’s foreign ministry said that the country has always welcomed business people from other parts of the world, including Mr Musk, “to visit and promote mutually beneficial cooperation”. China’s foreign minister Qin Gang said during a meeting with Mr Musk on Tuesday that the country would create a better market-oriented business environment for enterprises from all countries, including Tesla. Mr Qin told the Tesla chief that China would continue to promote high-level opening-up and strive to create a better business environment, according to a statement from the Chinese foreign ministry. The statement noted that Tesla opposed “decoupling” and was willing to continue to expand its business in China. Following Mr Musk’s meet with the Chinese foreign minister, shares of the EV company rose on Tuesday. Tesla’s Shanghai plant accounted for over half of the company’s global production in 2022. Commenting on his China visit, some Twitter users wondered if the self-proclaimed “free speech absolutist” would face questions during his visit about the communist country’s harsh rules around censorship. Mr Musk’s visit also comes when Tesla is dealing with growing competition from Chinese car makers, including the country’s electric vehicle exports. Earlier this month, Bloomberg reported that Tesla is closing in on a trial production of its revamped Model 3 sedan in Shanghai, which the carmaker hopes to compete more closely with rivals in the Chinese market. Ahead of his trip, the SpaceX boss also complimented China’s space programme, calling it “more advanced than most people realise”. Read More Trust and ethics considerations ‘have come too late’ on AI technology Elon Musk tweets quote by neo-Nazi wrongly attributed to Voltaire Elon Musk fires back at Twitter censorship critic: ‘You’re such a numbskull’ Elon Musk’s Neuralink brain chip company gets FDA approval for human testing AOC jokes more people watched her gaming online than listened to DeSantis launch What is Twitter Spaces and why did it go so wrong during DeSantis’s 2024 launch?

Cathie Wood said software providers will be the next to ride on the artificial intelligence frenzy driven by

Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first

Moody’s Investors Service lowered Bangladesh’s credit rating as the nation’s foreign-exchange reserves dwindle while unconventional policies such as

Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of

A key gauge of Chinese stocks was again poised to enter a bear market after flirting with the

House Speaker Kevin McCarthy helped secure a debt limit deal -- now he has to secure its passage in the House, with little room for error and a looming threat to his speakership.

It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong

Global investors will avoid China assets for another three years as the nation keeps its interest rates low