Explainer: What’s behind China’s failed ‘truce’ in EV price war?

10 de July, 2023

The group representing China’s auto manufacturers has retracted a pledge to avoid “abnormal pricing” that it had brokered between 16 automakers, including Tesla , breaking off a truce in a brutal price war over electric vehicles.

[#translated_full_content] [#item_full_content]

⟵ Apple in talks with Samsung to introduce MacBook featuring foldable display

Wolf shot dead after biting farmer who was protecting his sheep DutchNews.nl on 10 de July, 2023 at 7:16 ⟶

Bank of China launches first cross-border yuan account in Central Asia

The Shaanxi branch of the Bank of China has achieved a significant milestone by establishing Central Asia’s first cross-border account in Renminbi (RMB). This move results from a strategic collaboration with the well-regarded Turon Bank, headquartered in Uzbekistan. Finalized on August 21, this initiative has the potential to reshape economic interactions between China and Central […]

Palmeiras’ Stunning Comeback Triumph in Libertadores

Palmeiras showcased resilience and skill in a gripping Libertadores group stage match, overturning a two-goal deficit to secure a 3-2 victory against Independiente del Valle. The thrilling game took place at Estadio Banco Guayaquil in Ecuador. Initially, the home team led with early goals from Kendry Paez and Hoyos. However, Palmeiras responded impressively with goals […]

Weekly Economic Events: Inflation in Brazil and Mexico; Unemployment in Brazil

Next week, Brazil will release May 2024 inflation figures and Mexico’s Central Bank will publish its Quarterly Inflation Report. Market experts highlight these reports’ influence on imminent monetary policy decisions. In Brazil, April’s employment figures and mid-May inflation statistics will shape market forecasts ahead of the central bank meeting. Notably, the Central Bank recently ended […]