The ‘death knell’ sounded for the Conservative Party long before the UK election, polling guru says
“This is not an election about the ideological position of the parties, this is an election about competence,” said the U.K.’s polling expert, John Curtice.
After the icy Brexit years, the UK’s relationship with the EU might thaw following the election
The Labour Party says it wants to “reset” relations with the EU but doesn’t want to scare swing voters away from the party.
South Korean president announces tax breaks for companies that raise shareholder returns
These tax benefits will be given to companies that “actively expand dividends and push for [a] low-rate separate taxation on shareholders’ dividend income tax.”
China’s BYD is set to take Tesla’s crown as the world’s No. 1 producer of battery electric vehicles
Counterpoint Research on Tuesday said China “remains a dominant force in the BEV market” with BYD leading the way.
At least 116 people killed in stampede at Hindu religious event in India
At least 116 people were killed in a stampede at a Hindu religious gathering in northern India on Tuesday in one of the country’s worst such tragedies in years.
The U.S. needs more of this critical metal — and China owns 80% of its supply chain
China dominates the supply chain for many of the world’s critical minerals, but so far it’s held off on sweeping restrictions on at least one: tungsten.
U.S. adds six companies to trade restriction list, four for training China’s military
The U.S. added six companies to its trade restriction list, including four for their links to the training of China’s military forces.
CNBC Daily Open: Tesla soars, S&P closes above 5,500
The S&P 500 closed above 5,500 for the first time as the Fed Chair announced inflation progress. Tesla shares surged 10.2% despite a drop in deliveries.
Asia-Pacific markets mostly rise as investors assess business activity data from the region
Asia-Pacific markets mostly rose Wednesday, after U.S. Fed Chair Jerome Powell comments on inflation, while investors assessed a slew of data from the region.