China's hybrid exports rise amid Europe EV tariffs
Chinese automakers are boosting hybrid exports to Europe, bypassing EV tariffs and offering affordable models to meet rising demand amid growing competition in the market.
Chinese automakers are boosting hybrid exports to Europe, bypassing EV tariffs and offering affordable models to meet rising demand amid growing competition in the market.
Nissan CEO Makoto Uchida faces mounting pressure to revive the automaker after missed hybrid opportunities and falling sales in key markets. Major cuts and restructuring plans are underway.
Brian Thompson, CEO of UnitedHealth's insurance unit, was fatally shot outside a Manhattan hotel. The incident remains under investigation, with no arrests yet made.
German Chancellor Olaf Scholz visited Kyiv, pledging €650 million in new military aid, including tanks and air defences. Amid political shifts in Germany, Scholz assured long-term support for Ukraine, urging Russia to end its invasion and respect Ukrainian sovereignty.
The rise in satellites and space debris threatens low Earth orbit. Experts urge global cooperation on data sharing and regulation to prevent collisions, safeguard technology, and ensure sustainable use of space. Urgent action is needed to address this growing challenge.
Volkswagen workers in Germany will stage warning strikes over layoffs, wage cuts, and plant closures as talks with labour union IG Metall fail to reach a resolution.
Malaysia’s Prime Minister has halted ministers' leave as deadly floods displace over 90,000 people, with heavy rains forecast to continue. Rescue teams are deployed amid worsening conditions.
Adani Group strongly denies U.S. allegations of a $265M bribery scheme involving key executives. Despite political and financial fallout, the group asserts its growth plans remain unaffected, while legal responses to the charges are being prepared.
Indian parliament sessions were disrupted as opposition lawmakers demanded a debate on bribery allegations against Adani Group, intensifying calls for Prime Minister Modi's response.
The U.S. FTC has opened a broad antitrust investigation into Microsoft, focusing on cloud computing, licensing practices, and AI products, amid allegations of market abuse.
Mexican President Claudia Sheinbaum warned of retaliatory tariffs if U.S. President-elect Trump imposes a 25% tariff, risking U.S. jobs and price hikes. Economy Minister Ebrard urged regional unity, cautioning the move could harm industries and violate the USMCA deal.
Temu and Shein's aggressive keyword bidding drives up search ad costs, impacting retailers this Black Friday. Rising "cost per click" pushes businesses to rethink strategies, shifting focus to social media, influencers, and high-value customer engagement.
Donald Trump plans steep tariffs on Canada, Mexico, and China, sparking trade war fears and raising concerns over USMCA violations and global economic impacts.
Turkish President Erdogan and NATO Secretary General Rutte met in Ankara to discuss the Russia-Ukraine war, the crisis in Palestine, security challenges, defence cooperation, and Türkiye’s NATO contributions, marking Rutte’s first visit since his appointment.
Georgia’s parliament opened amid protests and an opposition boycott over disputed elections. Accusations of fraud and authoritarianism strain ties with the EU, raising concerns about the country’s democratic future and Western alignment.
In its flagship 2025 Global Outlook report, released at the WFP's Rome headquarters, the agency said that at least 343 million people across 74 countries are currently facing acute food insecurity, marking a 10% increase compared to last year.
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