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...The company has vowed to mount a legal battle against the US legislation while the Chinese government has said it would oppose a sale. Any divestment will be difficult....
...In the first two months of the year, Tesla’s market share of China’s new energy vehicle sales, which include EVs and hybrid plug-ins, slipped to 6.6 per cent, from 7.9 per cent in the same period a year...
...from the rest of the “Magnificent Seven” US tech stocks....
...The third day of jury selection in a Manhattan criminal court had earlier got off to a rocky start....
...mounts that Chinese industrial oversupply could lead to a “slow-motion train accident” for world trade....
...Red Sea and the Gulf of Aden, a crucial artery for global trade....
...Israel’s foreign minister on Tuesday demanded new sanctions on Iran as top officials met for a third day in response to Tehran’s weekend attack....
...Pompeii: The New Dig, an absorbing three-part BBC series, charts the most significant new excavation at the site for a generation....
...It is not the end of the affair: Tesla can appeal, and could propose a new pay deal, this time more carefully. Expert as Musk is at disruption, Delaware’s incumbency will be hard to dislodge....
...Israel has mobilised more than 300,000 reservists in preparation for large-scale attacks on Gaza as the country discovered new evidence of mass killings by Palestinian militant group Hamas....
...Following the recent lay-offs, Nomura now employs 259 people in China, well below the company’s target of 500 by the end of 2023....
...According to the voluntary accord signed by the companies, the rapid development of AI was “creating new opportunities as well as challenges for the democratic process”, and the spread of deceptive content...
...“We’ll come out of the gate even stronger” after the FDA review, she added. Some doctors believe there has been excessive caution over the new Alzheimer’s drugs....
...Even before BP’s announcement, global energy suppliers and commercial shippers had been avoiding the narrow Bab el-Mendeb strait at the southern end of the Red Sea, where tankers sail within easy striking...
...On Mount Etna, new vineyards have been established at up to 1,200 metres above sea level — a height previously thought unfavourable for grape growing....
...In terms of the nominal number of options contracts being traded, Nvidia has only surpassed Tesla four days so far this year (most recently on Monday), notes Asym500’s Rocky Fishman, and the five-day rolling...
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
...But even giants like Tesla and Toyota must prove themselves in this new field, and VinFast, which began making EVs in 2021, has gotten off to a rocky start....
...That’s about what we got in New Hampshire, too,” Haley told supporters at her own election night party in Charleston on Saturday. “I’m an accountant. I know 40 per cent is not 50 per cent....
...The debate over banning TikTok has become one of the only unifying topics that Democrats and Republicans can agree on in Congress, as concerns mount about Chinese interference in sectors including education...
...Texas is only to launch its new corporate law court this year. Tesla insisted its advisers’ analysis suggested that there would be no discount applied to a company in an untested legal environment....
...Japanese brokers are focusing on stocks primed to benefit if Donald Trump returns to the White House and the US-China relationship deteriorates even further, as global interest mounts in Japan’s rising equity...
...But the funding bonanza has come to a stop as interest rates have risen and doubts about the business models of these “challenger” banks started to mount....
...“There has been a refocusing on Italy,” said Filippo Taddei, chief economist for southern Europe at Goldman Sachs....
...“I realised heritage is a form of art, and a root of new forms. I wanted Hampi Art Labs to be in ancient Hampi as an inspiration.”...
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