Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels’ curbs on exports of Chinese-made EVs, the state-backed Global Times newspaper said on Wednesday.
A GE Aerospace executive said on Wednesday global supply chains will likely remain challenged even next year, despite a production slowdown at Boeing .
Surging copper prices this year have brought startling growth in the number of trucks carrying copper from illegal mines in Peru, jamming roads, causing accidents and creating hazardous conditions especially after dark along the Andean country’s key “mining corridor” highway, industry sources told Reuters.
Christy Goldsmith Romero will likely win enough votes to be confirmed as U.S. Federal Deposit Insurance Corporation chair but Republicans are likely to slow walk the process.
Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar with the matter told Reuters, as the luxury automaker prepares to open a plant that will make the model – and could boost group production by up to a third.
The chairman of defaulted Chinese developer Kaisa Group returned to mainland China from Hong Kong for the first time in almost a decade to get regulatory approval for an offshore debt restructuring, two sources familiar with the matter said.
Sweden’s financial supervisory authority has fined Nasdaq Stockholm 100 million Swedish crowns ($9.59 million) for not complying with bourse rules at several occasions in recent years, the regulator said in a statement on Wednesday.
China’s securities regulator said on Monday it has approved autonomous driving startup Momenta Global Limited’s initial public offering (IPO) in the United States.
Shareholder backing for Toyota Chairman Akio Toyoda slid for a second straight year, results from its annual general meeting showed on Wednesday, with his support rate dropping to 72% amid certification scandals and governance concerns.
