Tesla reported rising sales of China-made electric vehicles, marking a second consecutive quarter of growth despite intensifying competition.Sales of Model 3 and Model Y vehicles produced at Tesla’s Shanghai factory, including exports, rose 8.7% year-on-year to 85,670 units in March, according to data from the China Passenger Car Association.This marked…
The European stock market saw a decline on Thursday as renewed fears over an escalating US–Iran conflict weighed heavily on investor sentiment.Fresh comments from Donald Trump about the potential duration of the war triggered a wave of caution across global financial markets.The pan-European STOXX Europe 600 declined about 1.1% shortly…
Brazil’s industrial producer prices declined in February 2026, reflecting ongoing weakness across key sectors and extending a broader deflationary trend at the factory gate.The Producer Price Index (PPI) for manufacturing and extractive industries fell 0.25% month over month in February, according to data from Brazil’s Institute of Geography and Statistics. Thirteen…
Global markets reflected heightened uncertainty on Tuesday as Donald Trump signaled a potential shift in the Iran conflict even as Tehran indicated openness to a ceasefire. Bitcoin steadied alongside broader risk assets on easing geopolitical concerns, while US labour market data pointed to cooling demand for workers. At the same…
EU lawmakers in China on Tuesday called on the country to improve product safety and increase market access during their first visit in eight years.This week, a delegation of EU lawmakers is visiting several of the country’s biggest e-commerce platforms, including those linked to billionaire Jack Ma, founder of Ant…
India will not apply stricter anti-tax avoidance rules to gains from foreign investments made before April 2017, the country’s income tax department said on Wednesday, in a move designed to ease fears of retrospective action among overseas investors.The clarification follows a Supreme Court ruling in December that found US-based investment…
Private sector job growth in the US came in slightly stronger than expected in March, though hiring remained narrowly concentrated in a handful of industries, pointing to an uneven labour market as economic uncertainties persist.Data released by ADP showed that private payrolls increased by 62,000 during the month, exceeding forecasts…
No ally was consulted before the bombs dropped on Iran. Five weeks later, Trump is demanding those same allies help him fix a war they wanted no part of and threatening to dismantle the alliance when they say no.The story of the US and its partners since February 28 is…
Britain is hosting talks among 35 countries this week aimed at forming a coalition to reopen the Strait of Hormuz, as European nations reconsider their position following Donald Trump’s threat to wind down the Iran conflict without securing the vital waterway.Prime Minister Keir Starmer said on Wednesday that the meeting…
JP Morgan has scaled back its expectations for Bank of England rate hikes this year, citing recent comments from Governor Andrew Bailey that suggested financial markets may be overestimating the need for tighter monetary policy.The US bank now expects just one rate increase in 2026, compared with its earlier forecast…