CHINA-US-AUTO-TESLA-TRADE

Tesla Becomes First Foreign EV Approved as Chinese Government Vehicle

Tesla's Model Y is now included on a Chinese government purchase list, making it the first foreign-owned electric vehicle brand approved for procurement by Jiangsu province.


US Adds Over 200K Jobs in June as Unemployment Rate Hits 4.1%, Highest Since 2021

In June, the US labor market added 206,000 jobs while the unemployment rate rose to 4.1%, the highest since 2021, indicating potential underlying challenges despite positive job growth.

Brazil's Former President Jair Bolsonaro Indicted in Money Laundering: Report

Brazil's former president Jair Bolsonaro was indicted by the country's Federal Police for alleged money laundering and criminal association.

Disney Heiress Plans to Halt Donations to Democrats Unless Joe Biden Drops Out

President Joe Biden faces pressure from prominent donors within his party, including Disney heiress Abigail Disney, who announced she would cease funding to the Democratic Party.


Latest News

UK Stocks on the Rise as Keir Starmer's Labour Party Wins General Election
The British pound and several UK-based stocks and government bonds have arisen after the Labour Party won a landslide victory in the country’s general election.
Samsung Records Unexpected Profit Gain, Cites AI Boom's Impact on Chip Prices
Samsung estimated that it made a meteoric 15-fold rise in its second quarter operating profit, which it said was better than its expectations.
restaurant
California Gov. Gavin Newsom signed a bill allowing restaurants to collect service charges despite SB 478, which shields consumers from "junk fees."
Philippines Demands $1 Million Payment from China over June 17 Incident
The Philippines demanded a payment worth $1 million in damages from China following an altercation in the South China Sea on June 17.
Tesla Spends Millions in Advertising Despite Elon Musk Hating It, But Why?
Tesla's short sellers lost $3.5 billion after the firm announced better-than-expected electric car sales this week.
Ray Kurzweil Hopes to Reach 'Singularity' by Merging with AI
Computer scientist, futurist, and artificial intelligence advocate Ray Kurzweil is optimistic that he will become one with the 'Singularity’ by his eventual death.
Baltimore Business Offers to Sell Watches Using Pieces of Collapsed Bridge
Local watchmaker Tsao Baltimore recently acquired a portion of scrap metal that was once the Francis Scott Key Bridge in an effort to keep its memory alive.
China's BYD Launches Electric Vehicle Factory in Thailand, Expanding Regional Presence
BYD, China's largest electric vehicle maker, has opened its first factory in Southeast Asia in Thailand, marking a strategic move into the region's growing EV market supported by government incentives.
Saks Fifth Avenue's Parent Company HBC to Acquire Neiman Marcus for $2.65 Billion
HBC, the parent company of Saks Fifth Avenue, has announced a $2.65 billion acquisition deal with Neiman Marcus Group.
Dove’s ‘Real Beauty’ Leader Resigns Amidst Marketing Campaign Backlash
Dove's global chief marketing officer, Alessandro Manfredi, announced his departure from Unilever after two decades, citing product backlash from controversial marketing campaigns.
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