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European markets on Fri Aug. 29: August gains, Inflation prints

Sagar10 months ago01 mins

European stock markets are heading for a mixed open on Friday as attention turns to inflation prints from some of the region’s biggest economies, along with the U.S. Price rise data is due from France, Spain, Italy and Germany, ahead of the flash August reading for the euro area next Tuesday. Stateside, investors will be…

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Tesla Europe sales plunge 40%, Chinese EV rival BYD up 225%

Sagar10 months ago03 mins

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Sales of Tesla cars in Europe plunged in July, in the company’s seventh consecutive month of declines, while Chinese rival BYD saw…

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China’s BYD posts first delivery dip in 2025 as EV price war bites

Sagar11 months ago03 mins

Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images China’s largest EV maker BYD posted its first monthly delivery decline this year, amid stiff competition from a price war that has attracted attention from policymakers in Beijing. While other major Chinese electric…

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Amazon deploys its 1 millionth robot in a sign of more job automation

Sagar1 year ago03 mins

An Amazon worker on the picket line during a strike over pay at the Amazon.com Inc. fulfilment center in Coventry, U.K., on Feb. 28, 2023. Bloomberg | Bloomberg | Getty Images Amazon announced Monday its millionth worker robot, and said its entire fleet will be powered by a newly launched generative artificial intelligence model. The…

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China’s Xpeng keeps up its solid EV delivery streak against rivals

Sagar1 year ago04 mins

Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug. 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car startup Xpeng is keeping up the sales momentum against its rivals, even as BYD expands on its market dominance amid a fierce price war…

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  • Brookfield eyes AI data centers in London’s answer to Wall Street
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  • AI agents will have ‘capability’ of humans in trading
  • Cup champ Andersen, Oilers agree on 1-year pact

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