EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs

BRUSSELS (Reuters) — The European Commission launched an investigation on Wednesday into whether to impose punitive tariffs to protect European Union producers against cheaper Chinese electric vehicle (EV) imports it says are benefiting from state subsidies. “Global markets are now flooded with cheaper electric cars. And their price is kept artificially low by huge state subsidies,”… Continue reading EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs

Chinese battery makers brace for price war to supply EV producers

China, the world’s biggest maker of electric vehicles, is poised to become a battleground for a price war between the two largest producers of the batteries that power EVs. Contemporary Amperex Technology, better known as CATL, holds 43% of domestic market share while Warren Buffett-backed BYD, which makes both electric cars and batteries, has about… Continue reading Chinese battery makers brace for price war to supply EV producers

HUMAN APPEAL WARNS OF NEXT THREAT FACING MOROCCO EARTHQUAKE SURVIVORS

MANCHESTER, England, Sept. 12, 2023 /PRNewswire/ — International humanitarian charity Human Appeal dispatched a team of Aid experts after the powerful earthquake that struck Morocco, to support its local partner on the ground in Morocco in the distribution of initial aid for those impacted by the disaster. The combined toll of those killed and injured… Continue reading HUMAN APPEAL WARNS OF NEXT THREAT FACING MOROCCO EARTHQUAKE SURVIVORS

EU Escalates China Tensions With Probe to Ward Off Cheap EVs

(Bloomberg) — The European Union is launching an investigation into Chinese subsidies for electric vehicles in a bid to ward off a flood of cheap imports, an escalation that opens the door to retaliation which would hit the bloc’s carmakers hard. Most Read from Bloomberg Given the size of the market and its rapid growth,… Continue reading EU Escalates China Tensions With Probe to Ward Off Cheap EVs

HUMAN APPEAL WARNS OF NEXT THREAT FACING MOROCCO EARTHQUAKE SURVIVORS

MANCHESTER, England, Sept. 12, 2023 /PRNewswire/ — International humanitarian charity Human Appeal dispatched a team of Aid experts after the powerful earthquake that struck Morocco, to support its local partner on the ground in Morocco in the distribution of initial aid for those impacted by the disaster. The combined toll of those killed and injured… Continue reading HUMAN APPEAL WARNS OF NEXT THREAT FACING MOROCCO EARTHQUAKE SURVIVORS

Autoworkers strike would test Biden’s ‘most pro-union president in US history’ assertion

The UAW chief has also sought to broaden his argument beyond just auto workers. He said on a livestream with union members that the UAW’s demands are about “raising the standard for workers everywhere.” The prospect of an auto workers strike could test Joe Biden ‘s treasured assertion that he’s the most pro-union president in… Continue reading Autoworkers strike would test Biden’s ‘most pro-union president in US history’ assertion

EU to investigate ‘flood’ of Chinese electric cars, weighing tariffs

Summary Companies EU opens anti-subsidy probe into Chinese EVs Investigation to last up to 13 months Chinese share of European EV market up to 8% this year BRUSSELS, Sept 13 (Reuters) – The European Commission launched an investigation on Wednesday into whether to impose punitive tariffs to protect European Union producers against cheaper Chinese electric… Continue reading EU to investigate ‘flood’ of Chinese electric cars, weighing tariffs

Die Silk Road International Cultural Expo wurde in der Provinz Gansu im Nordwesten Chinas eröffnet

LANZHOU, China, 13. September 2023 /PRNewswire/ — Die sechste Silk Road (Dunhuang) International Cultural Expo begann am 6. September in der Provinz Gansu im Nordwesten Chinas. Laut dem Veranstalter hat die zweitägige Veranstaltung über 1.200 Gäste aus mehr als 50 Ländern, Regionen und internationalen Organisationen angezogen. Continue Reading The sixth Silk Road (Dunhuang) International Cultural… Continue reading Die Silk Road International Cultural Expo wurde in der Provinz Gansu im Nordwesten Chinas eröffnet

HUMAN APPEAL WARNS OF NEXT THREAT FACING MOROCCO EARTHQUAKE SURVIVORS

MANCHESTER, England, Sept. 12, 2023 /PRNewswire/ — International humanitarian charity Human Appeal dispatched a team of Aid experts after the powerful earthquake that struck Morocco, to support its local partner on the ground in Morocco in the distribution of initial aid for those impacted by the disaster. The combined toll of those killed and injured… Continue reading HUMAN APPEAL WARNS OF NEXT THREAT FACING MOROCCO EARTHQUAKE SURVIVORS

Präsentation der K-Hospitality: Lotte New York Palace und Lotte Hotel Seattle Garner erhalten höchste Auszeichnungen im Jahr 2023

SEOUL, Südkorea, 13. September 2023 /PRNewswire/ — Lotte Hotels & Resorts, ein führendes südkoreanisches Hotelunternehmen mit insgesamt 33 Ketten weltweit, hat internationale Aufmerksamkeit erregt, da die hervorragenden Leistungen durch prestigeträchtige Auszeichnungen wie den Forbes Travel Guide und die World’s Best Awards gewürdigt wurden. Die Dienstleistungen der Lotte Hotels & Resorts sind von der koreanischen Kultur… Continue reading Präsentation der K-Hospitality: Lotte New York Palace und Lotte Hotel Seattle Garner erhalten höchste Auszeichnungen im Jahr 2023