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CHINA VS US ELECTRICITY PRODUCTION
In 1985, US generated over six times more electricity than China. By 2025, Dragon was producing more power than US, EU & India combinedChina now generates more electricity than the United States and the European Union combined, marking a dramatic shift after decades of rapi...
BMW CEO vows to overhaul business after disappointing first halfThe company's forecast range of 1% to 3% for its core operating margin includes a 1.25 percentage-point burden from workforce restructurin...
Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
He could have joined Tesla. Instead, this Bengaluru techie quit Toyota and Volvo to build electric tractors for farmersBengaluru startup Moonrider is developing electric tractors for Indian farmers. The company aims to replace diesel-powered machines with su...
Vedanta Oil & Gas shares dip 4% despite becoming profitable in Q1Vedanta Oil & Gas shares fell despite the company reporting a sharp turnaround in Q1 FY27, posting a consolidated net profit of Rs 945 cror...
Copper slips ahead of Fed rate decision, aluminium rises on Gulf fightingCopper prices faced a downturn due to cautious trading leading up to the Federal Reserve's imminent interest rate decision. The easing of s...
BMW aims to cut 8,000 jobs by end 2027, source saysBMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...
China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
Ford raises annual profit forecast again as truck demand stays strongFord Motor has increased its annual profit forecast for the second time this year. Resilient customers are purchasing the company's expensi...
China says it will defend its research institutions, after US sanctions listChina's commerce ministry will take necessary measures to protect its research institutions. The ministry firmly opposes the United States'...
China's chip tool push shows ASML caught in US-China squeezeOn the one hand, US controls on exports of high-tech goods to China are threatening to reduce access to a major market; and on the other, B...
Asia's thermal coal imports continue to rebound, except for IndiaAsia's thermal coal imports are expected to rise for a third straight month in July, driven by stronger demand from China, Japan and South ...
India's new import rule that could make homes and infrastructure costlierIndia's new policy imposing a minimum import price on PVC resin is expected to result in higher domestic prices. This strategy supports loc...
Indian textile exporters may lose competitiveness despite lower US tariff as rival countries get quota exemptions: ReportThe report noted that India remains one of the relative beneficiaries of the new US tariff regime overall.
US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
China export curbs put $6.5 trillion global supply chains at risk: IEAGlobal supply chains for critical minerals face acute economic security challenges. China's export controls on rare earth elements impacted...
Foxconn signals India’s shift to high-value manufacturing“India is a huge market for us. That’s why we have so many new footprints in the past three or four years, and there are still things to co...
Indian men's cricket team get direct entry into Asian Games knockoutsIndia and three other nations have secured direct entry into the 2026 Asian Games cricket knockout stage. Afghanistan, Japan, and Nepal wil...
Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investmentChina's largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 bi...
The most extraordinary rock on Earth isn't gold or diamond, but the metal is small enough to hold in your hand. Powerful enough to power a cityA plain-looking lithium rock is now more valuable to the modern economy than its appearance suggests. Hidden inside are critical minerals t...