Page 681 - World News

China's big EV push into Europe fizzles out on EU tariffs and slowdown

Brands led by SAIC Motor Corp.'s MG registered 3.5 per cent fewer EVs in the region for all of 2024, according to data from automotive researcher Dataforce

Kash Patel to face sceptical Democrats at FBI director confirmation hearing

Patel, a Trump loyalist who has railed against the FBI over its investigations into the president and claimed that Jan 6 rioters were mistreated by the Justice Department, was picked to replace Wray

Nokia Q4 results: Net profit beats estimates, jumps 38%; sales rise 17%

Company said sales at its network Infrastructure business rose 17 per cent due to a strong recovery in demand from communication service providers, notably in North America

Over 7,000 student exchange visitors from India overstayed in US in 2023

As many as 32 countries have student/exchange visitor overstay rates of higher than 20 per cent, Jessica M Vaughan from the Center for Immigration Studies told the US House Committee on Judiciary

Israeli hostages, Palestinian prisoners to be released as ceasefire holds

The tenuous ceasefire between Israel and Hamas is aimed at ending the war in Gaza and securing the release of dozens of hostages

US Senate bill seeks to limit birthright citizenship for some immigrants

The US is one of only 33 countries in the world with no restrictions on birthright citizenship

Chaos erupts as M23 rebels seize Goma: What's happening in DR Congo

M23 plans to govern the city of Goma - a key gateway to rich mining areas that produce valuable resources like gold, tin, and coltan - giving the armed group access to trade routes and economic power

Highlighting history: List of deadliest US airline crashes since 2001

Read the list of last 10 deadly airline crashes to occur in the US

Oil prices waver as markets await clarity on Trump's Canada, Mexico tariffs

Investors are also looking ahead to a ministerial meeting by the Organization of the Petroleum Exporting Countries and its allies, together called Opec+, scheduled for Feb 3

Ro Khanna, Rich McCormick to co-chair India Caucus in new US Congress

Congressmen Andy Barr and Marc Veasey will continue serving as vice co-chairs

Toyota sells 10.8 mn vehicles in 2024, stays world's top-selling automaker

Japanese automaker posted a 3.7 per cent drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors

Exposed wires may have contributed to LA's Eaton fire, claims law firm

Robertson and experts with his firm captured the images of SCE's equipment by hiking to SCE towers along the ridge of foothills near Altadena and deploying drones earlier this month

Tesla gears up for 2025: Low-cost EVs, autonomous cars to hit US roads

Electric automaker Tesla is set to roll out affordable EVs and launch a paid autonomous car service in 2025, focusing on cost cuts and innovation despite a dip in vehicle deliveries last year

Trump officials likely plan to tighten curbs on Nvidia's China sales

Conversations to restrict shipments of those chips to China are in very early stages among Trump officials and the idea has been under consideration

Canada, Mexico can avoid tariffs if they act swiftly: Trump's commerce pick

Lutnick said Trump's Saturday deadline for imposing 25 per cent tariffs on goods from Canada and Mexico was meant to pressure the two countries to stop the flow of fentanyl into the US

Ex-oil market chief criticises IEA, seeks cut in energy transition focus

IEA is under fire from the administration of President Donald Trump for a shift in recent years toward a focus on clean energy policy

Fed guided by economic goals and law, not politics: Jerome Powell

Trump, who frequently criticized Powell and the Fed during his first term, again is testing those limits, saying last week that he'll "demand" immediate interest-rate cuts

Transparency, empowering good officers priorities for FBI, says Kash Patel

Patel said that if confirmed, he intends to collaborate closely with the Justice Department to bring safety and relief to American communities

Asian stocks mixed, dollar steady as traders consider Fed rate pause

Trump's policies remain a risk for the Fed's policy outlook, and Saturday is likely to see new tariffs slapped on Canada, Mexico and possibly China as well

ECB to cut rates, stay receptive to further easing amid growth concerns

With the euro zone suffering through an industrial recession and weak consumption, the case for a cut is so clear that none of the ECB's 26 policymakers have publicly pushed back