The EU

Electric Vehicles

A Culling Looms for China’s Crowded EV Industry

Photo by Michael Förtsch via Unsplash

In an interview with the Financial Times, BYD’s executive vice president Stella Li said just a handful of China’s 130 EV-makers will survive.

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Sabelskaya via iStock

International Economics

‘Not Optimistic’: Washington Hits Tariff Impasse with Switzerland

Small, mountainous Switzerland — a country that ranks 61st in the world by total area — is one of the world’s biggest investors in the US.

5 min read
Photo via Stan Sholik/ZUMAPRESS/Newscom

Industrials

America’s Anduril Among Potential Winners of NATO Breakthrough

NATO chief Mark Rutte said last week that the new defense 5% of GDP spending target amounts to a “quantum leap.”

2 min read
Photo by Tim Evanson via CC BY-SA 2.0

Economics

The World’s Big Central Banks Play It Safe With Rate Holds

As Kenny Rogers sang, gamblers have to know when to hold them. When it comes to interest rates, so, too, do central banks.

2 min read

Big Tech

Meta Jostles With EU and US Regulators in Same Week

Photo by Sanket Mishra via Pexels

European authorities fined Meta for allegedly engaging in antitrust behavior by favoring its classified service Facebook Marketplace.

2 min read

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