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☆ Chinese automakers expected to achieve 33% global market share by 2030
▼ + stars: | 2024-06-27 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Much of the growth, from a forecast 21% market share this year, is expected to come outside of China. The rapid expansion of Chinese automakers is a growing concern for legacy automakers and politicians globally. In North America, Chinese automakers are forecast to only achieve a 3% market share, largely in Mexico, where one in five vehicles are expected to be Chinese brands by 2030. In most other major regions of the world, AlixPartners reports that the share of Chinese automakers is expected to exponentially grow. Chinese brands in China also are expected to grow from 59% to 72% in market share, according to AlixPartners.

Persons: AlixPartners, Mark Wakefield Organizations: Auto Guangzhou, China Import, Export, Visual China, Getty Images, AlixPartners, General Motors, Nurphoto, Getty Locations: Guangzhou, Guangdong Province of China, China, Japan, North America, U.S, AlixPartners, Mexico, Central, South America, Southeast Asia, East, Africa, Bangkok, Nonthaburi Province, Thailand

☆ China wants EU to scrap planned higher tariffs and 'abide by WTO rules,' state media reports
▼ + stars: | 2024-06-24 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

GUANGZHOU, CHINA - NOVEMBER 17: A GAC Aion Hyper SSR electric sports car is on display during the Auto Guangzhou 2023 at China Import & Export Fair Pazhou Complex on November 17, 2023 in Guangzhou, Guangdong Province of China. The ideal outcome China wants is for the European Commission to revoke its tariff decision by July 4 and adhere to World Trade Organization rules, Global Times reported, quoting observers. China has firmly opposed the tariffs, saying the move was "blatant protectionism" and could violate WTO rules, its commerce ministry said on June 14. A Chinese official told CNBC last week that the EU's probe into Chinese EVs was overly selective and that the results were not credible. Read the full report on Global Times.

Persons: Chen Yihang, Wang Wentao, Valdis Dombrovskis, EVs Organizations: Auto Guangzhou, China Import, Export, Getty Images, Union, Global Times, European Commission, World Trade Organization, EV, CNBC Locations: GUANGZHOU, CHINA, Guangzhou, Guangdong Province of China, China, Beijing

☆ SSR Mining Says Eight Employees Detained After Turkey Mine Landslide
▼ + stars: | 2024-02-16 | by ( Feb. | At P.M. | ) www.usnews.com time to read: 1 min

Judge Eviscerates Trump Business EmpireThe blistering decision costs the former president some $364 million. But it also strikes at the business empire that fed his ego, cemented his brand and ultimately propelled him to the world’s most powerful political position.

Persons: Eviscerates Organizations: Eviscerates Trump Business

☆ Ozempic and Wegovy Don’t Cost What You Think They Do
▼ + stars: | 2023-10-22 | by ( Gina Kolata | More About Gina Kolata | ) www.nytimes.com time to read: +1 min

A recent paper published by the American Enterprise Institute revealed that the net prices for the new obesity drugs are just a fraction of the published annual list prices. And while the drugs’ prices remain out of reach for many, economists anticipate they will soon be driven down. More than a dozen companies are developing obesity drugs. As they enter the market, greater choice is expected to make prices plummet, as has happened with other expensive drugs. Those revenues are based on the net prices.

Persons: ”, Jalpa Doshi, Ippolito, Joseph F, Levy Organizations: American Enterprise Institute, University of Pennsylvania, Investors, Novo Nordisk, Johns Hopkins Bloomberg School of Public Health, Health Locations: Denmark, Novo

☆ Exit poll shows Swiss right-wing party bouncing back in parliamentary election as Greens lose ground
▼ + stars: | 2023-10-22 | by ( ) www.cnbc.com time to read: +4 min

Members of the National Council pose for a group picture on the last day of the legislature before national elections in October at the Swiss Parliament Building (Bundeshaus) in Bern, Switzerland on Sept. 29, 2023. Exit polls conducted for Switzerland's public broadcaster showed the country's right-wing populist party was set to further strengthen its position as the largest faction in parliament in a legislative election Sunday that saw the leading Green party lose ground. The Socialists edged up nearly a 0.5 percentage point, while the Greens lost more than 4 percentage points to fall under 10%, according to the exit poll. It appeared set to eclipse the free-market Liberal party in voter support, according to the exit poll conducted by the gfs.bern agency. The parliamentary vote is one of two main ways that Switzerland's 8.5 million people guide their country.

Persons: —, Claudine Juillard, Chatelenat, Alain Berset, Viola Amherd Organizations: National Council, Swiss, Switzerland's, Swiss People's, Socialists, Greens, of States, European Union, Swiss People's Party, Christian, Democrat, Liberal, Socialist, Alpine, Federal, EU Locations: Bern, Switzerland, Poland, Geneva, Carouge, Swiss, Russia, Ukraine, United States

☆ NYSE says manual error triggered major trading glitch
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +1 min

The glitch, which occurred on Tuesday, impacted stocks of major companies including 3M (MMM.N), Wells Fargo & Co (WFC.N) and Verizon Communications Inc (VZ.N). The NYSE, owned by Intercontinental Exchange Inc (ICE.N), said it began trading in 2,824 securities without an opening auction, which led to erroneous prices, with nearly 4,341 trades in 251 securities "busted", or nullified. The exchange also said it had erroneously triggered a sell short restriction (SSR) on about 80 securities on Tuesday. That could potentially lead to volatile trading on Wednesday but it was "nothing investors have to worry about", Stovall added. Reporting by Niket Nishant and Johann M Cherian in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ 35 de ani de la explozia de la Cernobîl, cea mai mare catastrofă nucleară civilă. Cum arată acum zona de excludere
▼ + stars: | 2021-04-26 | by ( ) ziuadeazi.md time to read: +61 min

– THIS MONTH marks the 28th anniversary of the nuclear disaster that left the city of Chernobyl devastated. – THIS MONTH marks the 28th anniversary of the nuclear disaster that left the city of Chernobyl devastated. – THIS MONTH marks the 28th anniversary of the nuclear disaster that left the city of Chernobyl devastated. – THIS MONTH marks the 28th anniversary of the nuclear disaster that left the city of Chernobyl devastated. – THIS MONTH marks the 28th anniversary of the nuclear disaster that left the city of Chernobyl devastated.

☆ Presidency of the Republic of Moldova (short history)
▼ + stars: | 2020-10-31 | by ( ) tribuna.md time to read: +3 min

On May 23, 1991, the name of Moldavian SSR was changed to Republic of Moldova (Law No. Under the Constitution of the Republic of Moldova, the Parliament of the Republic of Moldova set elections for the office of President of the Republic of Moldova on December 8, 1991 (Decision No. Mircea Snegur was elected President of the Republic of Moldova. Election of Mr. Vladimir Voronin in office of President of the Republic of Moldova was confirmed by the Decision No. Vladimir Voronin was re-elected in office of President of the Republic of Moldova by the Parliament on April 4, 2005.

Persons: Mircea Snegur, Petru Lucinschi, XIV, Mr, Vladimir Voronin, Republic of Moldova Mihai Ghimpu, ” Mihai Ghimpu, Marian Lupu, Nicolae Timofti, Igor Dodon, www.presedinte.md Organizations: SSR, Moldavian Soviet Socialist, Moldavian SSR, State, Presidential, Moldavian, Republic of Moldova, Supreme Locations: SSR Moldova, Soviet, Moldavian SSR, Moldavian Soviet Socialist Republic, Republic, Moldavian, Republic of, Republic of Moldova, Moldovan

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