Investments and Business

Chinese electric cars are going global. A cut-throat price war at home could kill off many of its brands

Chinese electric vehicles expand globally, but price competition at home may harm brands

Chinese electric vehicle manufacturers are rapidly entering international markets, but fierce competition at home threatens the survival of some brands.In recent years, China has emerged as a powerhouse in the electric vehicle (EV) sector. The nation’s manufacturers have leveraged advanced technology, robust supply chains, and government incentives to dominate domestic sales while eyeing global expansion. Leading companies are now exporting their vehicles to Europe, North America, and Southeast Asia, signaling the rise of Chinese EVs as serious competitors in the international automotive market. However, the aggressive price wars unfolding in China’s domestic market pose a significant challenge, raising questions about…
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Nvidia will take a  billion stake in Intel, joining the US government as a major shareholder

Nvidia and US Government Now Major Shareholders in Intel After $5 Billion Stake

Nvidia has announced its intention to purchase a $5 billion stake in Intel, a move that positions the company alongside the United States government as one of Intel’s largest stakeholders. This development signals a new chapter in the semiconductor industry, where strategic investments carry both economic and geopolitical weight.The decision by Nvidia to invest in Intel is more than a financial maneuver; it represents a calculated step in shaping the direction of the global semiconductor market. Intel, long regarded as a cornerstone of American chipmaking, has faced increasing competition in recent years, not only from established companies such as AMD…
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Judge rejects Trump’s New York Times lawsuit for being ‘decidedly improper and impermissible’

New York Times wins as judge deems Trump’s lawsuit ‘improper and impermissible’

A judge in New York has thrown out a lawsuit filed by Donald Trump against The New York Times, characterizing the case as both inappropriate and inadmissible, signaling yet another legal defeat for the former president. The ruling highlights the intricate legal struggles Trump still confronts as he attempts to oppose media criticism and ongoing probes.The legal case originated from a 2018 report released by The New York Times which explored Trump's financial background, including information about his tax records and the family wealth transfer. Trump alleged that the newspaper was involved in what he termed a scheme to acquire…
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How families can save money this back-to-school season

Smart ways families can save money for back-to-school

As the time to return to school nears, numerous families encounter heightened costs for educational items, apparel, gadgets, and essential activities outside of school. The monetary strain can accumulate rapidly, particularly for families with several students. Nevertheless, through meticulous preparation and savvy purchasing strategies, parents can substantially decrease expenses while still maintaining quality and preparedness for the school year.One of the most effective ways to manage expenses is to start with a comprehensive list. Before heading to the store, take inventory of items you already have at home. Often, supplies like notebooks, pens, and folders from previous years can still…
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