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China

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Oil prices flat amid trade talks and rising OPEC+ output
Oil holds steady as US-China talks, demand signals in focus

NEW YORK CITY, New York: Oil prices remained steady on June 9 as investors looked ahead to the outcome of the U.S.-China trade talks...

Beijing approves rare earth shipments to top three US automakers
China clears rare earth exports for US carmaker suppliers

BEIJING/WASHINGTON, D.C.: In a rare move aimed at easing mounting supply chain pressure, China has issued temporary export licenses...

Tesla faces EV market pressure as May sales slide in Europe
Tesla sales fall again in Europe ahead of new Model Y rollout

AMSTERDAM, Netherlands: Tesla saw a sharp decline in sales across several major European markets in May, marking its fifth consecutive...

Japan’s 2024 birth rate drops below 700,000 for first time
Japan's births hit record low, deepening demographic emergency

TOKYO, Japan: Japan's demographic challenges intensified in 2024, with the number of births falling to another all-time low—underscoring...

China bureaucrat bottlenecks over rare earths ripple through industry
Few Chinese officials now decide the fate of global EV production

BEIJING, China: A little-known office inside China's Ministry of Commerce has become a powerful chokepoint in the global auto and tech...

Mercedes prepares for supply breaks as China delays mineral supply
European car plants halt as China limits rare earth exports

BERLIN/FRANKFURT: Some car parts factories in Europe have stopped production, and companies like Mercedes-Benz are making backup plans...

Business

Section
Oil prices flat amid trade talks and rising OPEC+ output
Oil holds steady as US-China talks, demand signals in focus

NEW YORK CITY, New York: Oil prices remained steady on June 9 as investors looked ahead to the outcome of the U.S.-China trade talks...

Coal vs. water: India’s energy push fuels local shortages
India's coal power boom runs dry as water crisis deepens

CHANDRAPUR/SOLAPUR (India): As India doubles down on coal to fuel its growing energy needs, an invisible crisis is surfacing: the country...

Nasdaq Composite climbs 124 points on China-U.S. trade talks optimism
U.S. stocks advance as positive vibes come from U.S.-China trade talks

NEW YORK, New York - U.S. stock markets rose Tuesday as investors and traders anticipated a positive outcome from ongoing trade talks...

Beijing approves rare earth shipments to top three US automakers
China clears rare earth exports for US carmaker suppliers

BEIJING/WASHINGTON, D.C.: In a rare move aimed at easing mounting supply chain pressure, China has issued temporary export licenses...

UBS faces $26B capital demand under Swiss post-crisis plan
Switzerland hits UBS with $26B capital rule after CS takeover

BERN, Switzerland: UBS faces a sweeping new capital requirement from the Swiss government, which this week proposed changes that could...

Inside the viral world of Walmart’s high-paid cake artists
Walmart's cake decorators now earn the highest hourly store pay

NEW YORK CITY, New York: At a Walmart Supercenter in New Jersey, buttercream borders and edible-ink cartoons aren't just about sweet...