“This is not normal,” said Michelle Solomon, a manager of electricity policy at energy and climate think tank Energy Innovation Policy and Technology LLC. “When the administration can just stop work on projects that have been fully permitted, gone through the right procedures and had billions of dollars invested, for any industry that’s alarming.”
CATL supplies batteries to top-tier customers such as Tesla Inc., Volkswagen AG, Ford Motor Co. and Mercedes-Benz Group AG. It has a market share of roughly 38% in electric-car batteries, comfortably ahead of its closest challenger, top EV maker BYD Co.’s 17%, according to SNE Research.
He accelerated his purchases from early January, for his own investment and with managed funds, with Zhongcai holdings reaching a peak near 40,000 lots, or 200,000 tons of the metal, in early April, before Trump began his escalation of tariffs, exchange data shows. He later moved some of the brokerage’s positions to CME Group’s Comex, to capture US turbulence, […]
There’s going to be a new entrant that potentially could knock Apple off, you know, the top of the technology mountain, right? And in order for Apple to avoid that, they’re gonna have to beat out those new entrants time and time again. And AI is the big thing right now, and they have so […]
Since the RBA’s March 31-April 1 meeting, data showed hotter-than-expected inflation, a surprise acceleration in wages and a tight job market. That suggests the RBA has “no reason to give any additional encouragement to the market’s rate cut hopes,” said Sean Keane, chief Asia Pacific strategist for JB Drax Honore, referring to pricing for two […]
Japan releases a slew of major indicators from across the economy, beginning midweek with exports and imports, machine orders, and PMI — all of which will provide a steer on the global effects of Trump’s trade war. Friday brings national consumer prices, which are set to remain elevated at 3.5%, and department store sales, which […]
Macquarie Asset Management sold its first US collateralized loan obligation earlier this month, while hedge fund Arini, run by former Credit Suisse Group AG star trader Hamza Lemssouguer, priced its debut US CLO in April. Anthelion Capital, an AI-based asset management platform, is also looking to come to market in the next few weeks, and […]
To be sure, Meloni has been caught up in a complex balancing act with regard to Trump, coming under pressure both at home and abroad. Bloomberg has previously reported that while the Italian leader has been privately startled by his remarks, she has however chosen to avoid criticism of him at all costs, sometimes going […]
“I told them, if they insisted on coming in, we would burn the ship that night,” recalled Kuo Chien-ping, one of the movement’s leaders. Onshore, residents armed with rocks and bottles they claimed were filled with gasoline — it was actually water — lined the pier prepared to defend their island, also known as Lanyu. “It […]
Joumanna Bercetche: $600 billion was the headline figure that the White House put out after that bilateral meeting that took place between the Crown Prince and President Trump. Later on, Crown Prince MBS in a speech said that they’re working to increase that figure to $1 trillion of actual deals though. From what we understand, […]