July2024
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Texas hunkers down as Hurricane Beryl approaches
Jul 9, 2024Before making landfall in the southern US state of Texas on Monday, Beryl intensified into a hurricane, forcing some locals to flee due to flooding and power disruptions. As Beryl reached the Texas shore, winds were... -
India’s Modi headed to Russia for first visit since Ukraine offensive
Jul 9, 2024Monday marked Prime Minister Narendra Modi’s scheduled arrival in Russia. The Indian leader was attempting to walk a tightrope between preserving his long-standing friendship with Moscow and pursuing deeper security ties with the West. This is... -
Nagad signs deal with Huawei
Jul 9, 2024Together, Nagad and Huawei Technologies want to revolutionize the way individuals engage in digital transactions. In order to do this, the two sides inked a deal that will use Nagad to give the citizens of the... -
BMW asked Brussels to calculate lower tariffs for imports of its China-made electric Mini to Europe
Jul 9, 2024BMW has asked Brussels to calculate lower tariffs for imports of its China-made electric Mini to Europe, which are currently subject to the highest duties under provisional EU regulation, according to a person familiar with the... -
Porsche sticking to its guns in its transition of some models to electric vehicles
Jul 9, 2024Porsche is sticking to its guns in its transition of some models to electric vehicles, despite a recent weakness in demand for battery-powered cars, the carmaker’s head of production told magazine Automobilwoche. Porsche executive board member... -
Beijing plans to support the use of self-driving cars in online ride-hailing services
Jul 9, 2024China’s capital Beijing has plans to support the use of self-driving cars in online ride-hailing services, the official Beijing Daily reported on Monday, citing municipal draft rules for autonomous vehicles. The draft rules that seek public... -
Europe’s stock markets slid in opening deals on Monday
Jul 9, 2024Europe’s stock markets slid in opening deals on Monday as investors fretted over French political uncertainty, following snap elections in which a hung parliament appeared the likeliest outcome. In the eurozone, the Paris CAC 40 benchmark... -
China’s BYD to acquire a 20% stake in its local distributor Rever Automotive in Thailand
Jul 8, 2024China’s BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is an electric vehicle market leader, the companies said Saturday. The Shenzhen-based automaker... -
China’s Chery Auto to start sales in Italy with a petrol version of its Omoda 5 crossover SUV
Jul 8, 2024China’s Chery Auto is starting sales in Italy with a petrol version of its Omoda 5 crossover SUV, priced from 27,900 euros ($30,182), as the automaker assesses its options to expand its manufacturing capacity and sales... -
Toyota Motor did not find any new cases of wrongdoing in the certification applications of its car models
Jul 8, 2024Toyota Motor did not find any new cases of wrongdoing in the certification applications of its car models beyond the ones it had already reported last month, the Japanese automaker said in a statement on Friday....