By Colleen Howe BEIJING (Reuters) – Oil prices ticked up early on Thursday after falling nearly 2% in the previous session, with investors weighing a potential OPEC+ output increase against conflicting tariff signals from the White House and ongoing U.S.-Iran nuclear talks. Brent crude futures rose 6 cents, or 0.09%, to $66.18 a barrel by...
SHANGHAI (Reuters) – Leapmotor has delivered 8,000 units of B10 SUVs within 13 days of launch, with more than half of the orders being the lidar version, Cao Li, the electric vehicle maker’s vice president, said at the Shanghai auto show on Wednesday. The company has unveiled the B01 sedan with eight colours to attract...
SHANGHAI (Reuters) – German automaker BMW plans to start integrating artificial intelligence from Chinese startup DeepSeek in its new models in China from later this year, CEO Oliver Zipse said at the Shanghai auto show on Wednesday. “Key advances in AI are happening here. We are strengthening AI partnerships for integration in our vehicles in...
SHANGHAI (Reuters) – The CEO of Chinese electric vehicle maker Xpeng said on Wednesday that the company was bringing 5C fast charging technology to the electric vehicle segment for cars priced at around 200,000 yuan ($27,375). It has offered smart assisted driving capabilities as “standard configuration” for its G6 and G9 SUVs, the CEO added....
SEOUL (Reuters) -South Korea’s acting President Han Duck-soo said during a Cabinet meeting on Tuesday that he expects trade talks this week with the United States to pave the way toward a mutually beneficial solution. Finance Minister Choi Sang-mok and Industry Minister Ahn Duk-geun will attend a joint meeting with U.S. Treasury Secretary Scott Bessent...
SHANGHAI (Reuters) -China’s Nio said on Tuesday it would launch its Firefly electric vehicle in Europe in the third quarter, later than initially forecast, after it underestimated challenges involved in sales and service network expansions in the region. The company unveiled the Firefly brand in December as a rival product to Mercedes-Benz’s Smart and BMW’s...
By Wayne Cole SYDNEY (Reuters) – Asian stock markets fought to hold their footing on Tuesday after a furious flight from U.S. assets undermined Wall Street and the dollar, while concerns about the independence of the Federal Reserve piled fresh pressure on Treasuries. Relatively limited losses in Asia sparked talk that funds could be reallocating...
BEIJING (Reuters) -China’s automobile exports reached 1.54 million units in the first quarter of the year, up 16% compared with the same period a year earlier, an industry official said. The country exported 570,000 units in March, also 16% more than a year earlier, China Passenger Car Association secretary general Cui Dongshu said in a...
BEIJING (Reuters) -Chinese ports operator Cosco Shipping said in a statement on Monday it opposed accusations by the United States and measures against China’s shipbuilding and logistics industry. “The move is not conducive to fair competition and normal business operation order in the global shipping industry,” the state-owned conglomerate said. (Reporting by Yukun Zhang and...
SEOUL (Reuters) -A second Boeing jet intended for use by a Chinese airline was heading back to the U.S. on Monday, flight tracking data showed, in what appears to be another victim of the tit-for-tat bilateral tariffs launched by President Donald Trump in his global trade offensive. The 737 MAX took off from Boeing’s Zhoushan...
