Tesla Inc. won exemption from a 10% Chinese tax on automotive sales, sidestepping trade tensions with the U.S. following CEO Elon Musk鈥檚 visit to the country.
August 30, 2019Latest News Updates From Bloomberg News
CNH Industrial Weighs Options for Iveco Truck Unit
CNH Industrial NV, the tractor maker backed by Italy鈥檚 billionaire Agnelli family, is evaluating options for its Iveco truck business as it seeks ways to unlock value, people familiar with the matter said.
August 29, 2019Buffett-Backed BYD Close to Battery Supply Deal With Audi
Volkswagen AG鈥檚 Audi luxury-car brand is in talks to add China鈥檚 BYD Co. as a supplier of batteries used in its premium electric vehicles, according to people familiar with the matter.
August 29, 2019Hydrogen a Climate Alternative for Steel
Steel could shed its reputation as a climate threat by using hydrogen instead of fossil fuels for as much as half of global output by 2050, according to BloombergNEF.
August 29, 2019Tesla鈥檚 Musk and Alibaba鈥檚 Ma to Debate AI in China
From Jack Ma to Pony Ma, the leading lights of China鈥檚 internet industry gather in Shanghai this week to showcase the country鈥檚 latest advances in artificial intelligence. But the real headliner could be American entrepreneur Elon Musk.
August 28, 2019Chinese Driverless Startup Pony.ai Strikes Pact With Toyota
Chinese autonomous-driving company Pony.ai struck a partnership with Toyota Motor Corp., a boon for the startup seeking to take on U.S. rivals such as Alphabet Inc.鈥檚 Waymo.
August 26, 2019China Hits US With Higher Tariffs on Soybeans, Cars, Oil
China announced plans to impose additional tariffs on $75 billion of American goods including soybeans, automobiles and oil 鈥 retaliation for President Donald Trump鈥檚 latest planned levies on Chinese imports that sent U.S. stock futures tumbling.
August 23, 2019Trump Says US Is Talking With China but Not Ready for Deal
President Donald Trump said the United States is 鈥渄oing very well with China, and talking!鈥 but suggested he wasn鈥檛 ready to sign a trade deal, hours after his top economic adviser laid out a potential timeline for the resumption of substantive discussions with Beijing.
August 19, 2019China Ramps Up Brazil Soybean Imports, Rebuffing US Crops
China is stepping up its soybean buying in Brazil as growers in Argentina continue to hoard and the Asian nation avoids American oilseed after an escalation in trade tensions between Washington and Beijing.
August 16, 2019China Signals US Tariff Delay Not Enough to Stop Retaliation
China called planned U.S. tariffs on an additional $300 billion in Chinese goods a violation of accords reached by Presidents Donald Trump and Xi Jinping, signaling an American move earlier this week to delay some of those levies was not enough to stave off retaliation.
August 15, 2019Trending
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