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China's massive solar industry, which enjoys strong support from the state, makes eight of every 10 solar panels in the world

China's Solar Goes From Supremacy To Oversupply

Officials meeting in Baku next month for the COP29 summit hope to agree on new finance targets to help developing countries respond to climate change, including ditching fossil fuels.
The US Department of Justice has said it would demand that Google make profound changes to how it does business

US Weighs Google Breakup In Landmark Trial

Determining how to address Google's wrongs is the next stage of a landmark antitrust trial that saw the company in August judged a monopolist by US District Court Judge Amit Mehta.
Tesla watchers are expecting the company to unveil a prototype of its robotaxi -- and are watching with both anticipation and skepticism

Will Tesla's Robotaxi Reveal Live Up To Hype?

The Tesla CEO has so far offered few details about exactly what will be unveiled at Thursday's event, dubbed "We, Robot," which will take place at Warner Brothers studio in Los Angeles.
Confiscated 'ghost guns' being displayed at a  news conference in New York by city officials

US Supreme Court To Hear 'Ghost Guns' Regulation Case

Gun manufacturers and owners are objecting to a 2022 rule from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) that requires ghost guns, like other firearms, to have serial numbers and for purchasers to undergo background checks.
Japanese stocks were boosted as the dollar rallied against the yen after US jobs data tempered expectations for another big interest rate cut by the Federal Reserve this month

Oil Prices Extend Upward March On Mideast Tensions

European stock markets mostly rose after more big gains in Asia as China's stimulus boost, a strengthening US economy and the outlook for interest rates in major economies outweighed geopolitical unrest.
China has unveiled a string of measures aimed at boosting the world's number two economy, particularly the property sector

China To Flesh Out Economic Stimulus Plans After Bumper Rally

Beijing has struggled to kickstart the economy as officials target around five percent growth this year -- a goal analysts say is optimistic given the numerous headwinds, from a prolonged housing crisis to sluggish consumption.
An EU inquiry concluded that Beijing's state aid to electric vehicle makers was unfair

EU States Greenlight Extra Tariffs On EVs From China

EU countries on Friday gave a definitive green light to hefty additional tariffs on electric cars made in China, despite strong opposition led by Germany and fears it will spark a trade war with Beijing.
General Motors reported lower overall sales but the introduction of the Chevrolet Equinox EV helped boost electric auto sales

GM Reports US Sales Dip, But Says EVs Grew

The big Detroit automaker reported 659,601 US sales during the period, down 2.2 percent from the year-ago but marking a slightly smaller decline than analysts projected.
Nike shares fell as it signaled a turnaround from a rocky period would take time

Nike Earnings Drop, Says Turnaround Will Take Time

The athletics company's financials showed lower sales in every operating region, as its CFO pointed to lackluster store traffic in China and excess inventories in leading markets.
X had informed the court it would pay fines to the tune of some $5.2 million, according to a court ruling

X Agrees To Pay Brazil Fines, Court Orders Finances Unblocked

The ruling by Supreme Court Justice Alexandre de Moraes paves the way for the suspension of X to be lifted in Brazil, where it has been off-limits to users since August 31 in a standoff over disinformation between the judge and Musk.
Fears over an escalation in the Middle East crisis after Iran's attack on Israel have sent oil prices soaring

Oil Extends Rally After Iran Attack, Hong Kong Soars Again

News of the launches rattled US and European traders and sparked a sell-off on most markets, though Asia fared slightly better, with Hong Kong jumping more than six percent as it reopened after a one-day break.
US Federal Reserve Chair Jerome Powell said disinflation has been broad based.

US Fed Chair Sees 'Further Disinflation' In Economy

The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said Monday, with interest rates likely to come down over time, too.
Microsoft joins Apple, Amazon, Google parent company Alphabet, and Meta in falling under reinforced monitoring made possible by the German Competition Act

German Antitrust Watchdog Steps Up Monitoring Of Microsoft

The Federal Cartel Office said it had determined Microsoft was "of paramount significance for competition across markets", a move that would allow the watchdog to take action and prohibit "anti-competitive practices".

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