International

British Finance Minister Rishi Sunak is Upbeat on U.K.’s Economy and His Spending Plans

Multi-billion pound spending on health care services and transport were among the plans British Finance Minister Rishi Sunak announced in his latest budget statement on Wednesday.

International

China Evergrande Shares Nosedived Again – Now on Failed Partial Buyout Deal

Beleaguered property insurance behemoth China Evergrande disclosed it was negotiating to sell part of its business to Hopson Development Holdings, its smaller rival.

International

It’s Harder for Tesla to Build Wide Presence In China. A Hundred-Thousand Cars Landmark Reached in Only 12 Years, While China’s Xpeng and Nio Took About Half That Time

U.S.-listed start-up Xpeng reported having reached production of 100,000 cars — in just 6 years since the company went public.

International

Share Trading in Embattled China Evergrande Finally Halted in Asia

Today is the day when all lingering doubts and bad anticipations are finally resolved.

International

Merkel's party lost the elections in Germany

In Germany, parliamentary elections were held, and votes have been counted.

International

China’s Financial Regulator Ordered Ant Group’s Alipay to Uncover its Lending Business and Disclose Borrowers

Official Beijing plans to break up Ant Group’s Alipay and create a separate application for the fintech giant’s loans business.

International

Mercedes-Benz launches EQB, up-to-7-seat electric SUV to compete against Tesla Model Y

Mercedes-Benz is launching today the EQB, an electric SUV with up to seven seats, ahead of the IAA Mobility show in Germany.

International

New Zealand Abruptly Locks Down after One Delta Positive Person Tested. Kiwi under Pressure

New Zealand has entered full lockdown mode after recording its first case of the delta variant.

International

Being Fans of Electric Vehicles, Norwegians Still See Nothing Wrong about Oil

Norwegians own a record number of electric vehicles per capita in the world. But their passion for Tesla and Audi products does not prevent them from loving oil.