Morgan Stanley says this is the stock to play China’s EV industry consolidation
The firm has resumed coverage of a Chinese automaker with an overweight rating on expectations it can weather macro and industry uncertainties.
Warren Buffett’s Berkshire Hathaway raked in billions from BYD, the China EV maker Munger called a ‘damn miracle’
The BYD bet turned out to be one of Berkshire’s best, with its value ballooning to $8 billion at BYD’s peak as the EV market exploded.
Hungary’s populist Orbán to take over EU presidency as many issues hang in the balance
Orbán in recent years has seemed to relish opportunities to block, water down or delay key EU decisions.
U.S. and Europe warn Lebanon’s Hezbollah to ease strikes on Israel and back off from wider Mideast war
U.S., European and Arab mediators are pressing to keep stepped-up cross-border attacks between Israel and Lebanon’s Iran-backed Hezbollah militants from spiraling.
France votes in snap election that could hand power to the far right
French voters are heading to the polls Sunday for the first round of voting in a snap parliamentary election.
Hurricane Beryl forecast to become a Category 4 storm as it nears southeast Caribbean
Hurricane Beryl is forecast to strengthen into a powerful Category 4 storm as it approaches the southeast Caribbean.
These 3 daily practices are the Japanese ‘secret’ for a ‘long and happy life,’ says authors of ‘Ikigai’
Okinawa, Japan has the highest concentration of centenarians worldwide. Here are three principles that may lead to their longevity.
Tropical Storm Beryl expected to become major hurricane by Monday
A hurricane watch is in effect for Barbados, Saint Lucia, Saint Vincent and the Grenadine Islands, and Grenada.
Growth, value stocks could see boost from Russell rebalancing
This key market event could help boost growth and value stocks. Here’s why.
Record summer airline travel is starting, and so are the flight delays
TSA is predicting record screened passengers for the July 4th period of travel, and if it’s anything like recent years, flight delays will be an issue.
