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China’s COVID restrictions & the U.S. slowdown push Asia’s industry activity into decline
According to surveys released on Thursday, Asia's factory activity fell in August while China's zero COVID limits and cost constraints continued to impact businesses,...
Musk seeks to market away 20 mil EVs which may pull billions from Tesla
Elon Musk, the CEO of Tesla Inc. (TSLA.O), has put his young firm on an aggressive expansion route that no other automobile executive has...
S.Korea anxious over EV credits; U.S. visit to increase battery supply
This week, South Korean officials will meet with their American counterparts to discuss their "concerns" with the Inflation Reduction Act, which places limitations on...
Breaking inflation to cause pain that will be felt throughout the world
The world's top financial leaders are sending a loud and clear message: controlling excessive inflation will require an unprecedented effort and, most likely, a...
U.S. companies divided: miners slump, airlines perk up, retailers wane
Big mines and airlines anticipate better profits due to rising commodity prices and recovery from COVID-19, whereas supermarkets, banks, and manufacturers are suffering from...