China's EV makers are racing for global dominance

14-05-2025

In China, government subsidies have helped fuel a booming EV market. CNN's Marc Stewart visited the country's largest car show, Auto Shanghai, to find out how brands are vying for customers in this crowded field.

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New Zealand PM Doesn't Expect to Win US Tariff Reprieve

Bloomberg

24 minutes ago

Bloomberg

New Zealand PM Doesn't Expect to Win US Tariff Reprieve

New Zealand Prime Minister Christopher Luxon has conceded the government is unlikely to win a reduction in the tariff rate the US has applied to New Zealand goods. Officials were taken by surprise when the US on Aug. 1 announced New Zealand imports would be hit with a 15% tariff — up from the 10% initially signaled and higher than some of its competitors such as Australia and the UK, which are at 10%.

Nvidia and AMD to pay 15% of China chip sale revenues to US government, FT reports

Yahoo

an hour ago

Yahoo

Nvidia and AMD to pay 15% of China chip sale revenues to US government, FT reports

(Reuters) -Nvidia and AMD have agreed to give the U.S. government 15% of the revenues from chip sales in China, as part of an arrangement with the Trump administration to obtain export licenses for the semiconductors, the Financial Times reported on Sunday. Reuters could not immediately verify the report. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo

an hour ago

Yahoo

Nvidia and AMD to pay 15% of China chip sale revenues to US government

Nvidia and AMD have agreed to give the US government 15 per cent of the revenues from chip sales in China, as part of an unusual Sign in to access your portfolio