Polestar CEO tells CNBC ‘pump anxiety’ has made EVs ‘all about money’

Electric-vehicle maker Polestar told CNBC Thursday that “range anxiety” has been replaced by “pump anxiety,” amid worries around a Middle East crisis that has global energy prices soaring. “People are concerned, ‘how much do I pay at the gas station?’” Polestar CEO Michael Lohscheller told CNBC’s “Squawk Box Europe.” The company is seeing increased demand…

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what it means for China markets

A man looks at a screen showing Chinese stock market movements as he uses his mobile phone in Beijing on April 7, 2025. Wang Zhao | Afp | Getty Images Chinese equities could get a fresh boost after this week’s high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping, with investors saying…

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Trump-Xi meeting could test India’s positioning as China counterweight

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. For more than two decades, consecutive U.S. administrations have seen India as a counterbalance to China’s growing influence in the Indo-Pacific. But the current U.S…

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Stoxx 600, FTSE, DAX, Iran news, UK Starmer latest

Britain’s Prime Minister Keir Starmer speaks during Ministerial Statement on the Middle East at the House of Commons in London, Britain, April 13, 2026. © House Of Commons | Via Reuters LONDON — European stocks are expected to open higher Thursday as investors keep an eye on political developments in the U.K. and U.S. President…

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President lands in Beijing with Tesla, Nvidia CEOs

U.S. President Donald Trump has landed in Beijing for a highly anticipated presidential summit with his Chinese counterpart, Xi Jinping. Trump is being accompanied on the trip by a group of executives from some of America’s most valuable companies, including Tesla CEO Elon Musk and Nvidia boss Jensen Huang. The president was greeted on the tarmac by…

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Donald Trump, Xi Jinping, U.S.-China meeting

U.S. President Donald Trump is welcomed after arriving in Beijing to kick off a landmark state visit in China on May 13, 2026. Anadolu | Anadolu | Getty Images Asia-Pacific markets traded mixed Thursday as investors look to a high-stakes meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping for clues on…

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