Elon Musk flies in to meet China’s premier as Tesla fights local rivals
Elon Musk made an unexpected visit to Beijing on Sunday to meet China’s number two official, the premier Li Qiang, as Tesla contends with
President Biden quadrupled tariffs on Chinese-made EVs. The catch? Hardly any Americans are buying these cars anyway.
Runes etching on Bitcoin network drops drastically, affecting miners' income.
Amid concerns over cyclical fluctuations in the energy sector, dividends are flourishing. We delve into the recent payout increases from MUSA, TRGP, CVE and PSX.
The U.S. and China are competing to acquire the metal, which is essential for EVs and data centers. It is also at the center of a $43 billion takeover battle.
This week in Borderlands: Mexican authorities recorded 153 tractor-trailer thefts in April; BMW begins construction of $860M EV battery plant in Mexico; Port of Beaumont completes $85M roll-on/roll-off dock; Taiwanese automotive supplier opens factory in central Mexico. The post Borderlands Mexico: Tractor-trailer thefts in Mexico totaled 153 in April appeared first on FreightWaves.
ExxonMobil (XOM) will retain a 60% working interest in the Masry and Cairo concessions, while QatarEnergy will hold a 40% stake in the agreement.
Taiwanese chipmaker TSMC does not necessarily need to use ASML's next generation "High NA EUV" machines for an upcoming generation of chip manufacturing technology called A16, which is under development for the second half of 2026, an executive said on Tuesday. The High NA lithography tools are expected to help shrink chip designs by up to two-thirds, but chipmakers must weigh that benefit against a higher cost and whether ASML's older tech may be more reliable and good enough. Speaking at a conference in Amsterdam, Kevin Zhang said that it is possible that the company's A16 plants could be designed to accommodate the technology, but that is not certain.
(Bloomberg) -- China’s CMOC Group Ltd. is being accused by a top US official of using “predatory” tactics to depress prices of a key battery metal by flooding the market with cobalt from Democratic Republic of Congo mines.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsFlood of China Used Cooking Oil Spurs Call to Hike US LeviesHow One of the World's Oldest Hedge Funds Went BankruptMacron Puts Fren
**Copper** is on a tear. A global rush is on to acquire the metal, a key component in everything from electric cars to transmission lines and the data centers that power the AI revolution. That scramble is translating into corporate upheaval.
The Zacks Building Products - Wood industry is expected to gain from a favorable housing market, home improvement activities and cost control. Industry players like TREX, UFPI and LPX are set to gain the most from the tailwinds.