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industries
China Car Show Latest: BYD Speed, China ConsolidationSlowing demand for electric vehicles, heightened trade tensions and questions about whether Western legacy automakers can interest Chinese consumers have been the talk of Beijing as executives from top global car marques descended on the capital for the Auto China show.April 26, 2024
markets
Asian Tech Stocks Gain, Yen Drops on BOJ Rate Hold: Markets WrapAsian technology shares rose following stellar earnings reports from Microsoft Corp. and Alphabet Inc. overnight. The yen weakened to a fresh 34-year low after the Bank of Japan kept its key interest rate unchanged.April 26, 2024
business
BHP Seeks to Break Mining’s M&A Curse with Thorny Anglo DealThe last time BHP Group took a swing at another major miner, it was Rio Tinto Plc back in 2007. That could have been a blockbuster $150 billion takeover, but with metals prices crashing as the financial crisis took hold and with China signaling its discontent, the plan crumbled.April 26, 2024
markets
BYD Goes All In on Design at Beijing Auto ShowAmong the many reasons BYD Co. is now the overwhelming electric vehicle leader in China is its commitment to design. Bloomberg’s Stephen Engle sat down with the carmaker’s head designer, Wolfgang Egger, at the Beijing Auto Show. Egger used to hold the same role at European luxury automakers Audi, Alfa Romeo and Lamborghini. He says he wants to create beautiful and “timeless pieces” at BYD.April 25, 2024
politics
Trump Aides Discuss Penalties for Nations That De-DollarizeFormer President Donald Trump’s economic advisers are considering ways to actively stop nations from shifting away from using the dollar — an effort to counter budding moves among key emerging markets to reduce exposure to the US currency, according to people familiar with the matter.April 25, 2024