The move brings into question BYD’s low-cost business model as Chinese firms undercut competitors on price.
Category: 3. Europe
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China’s BYD makes largest recall of 115,000 cars over design issues
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France Pushes Europe to Delay Bank Trading Capital Rules Again
France is pressing the European Union for a third delay on new rules that will impose higher capital requirements on banks, arguing the current timeline will put the bloc’s lenders at an unfair disadvantage, according to people familiar with…
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The Ascott Limited signs seven properties in Europe
Reading Time: 2 minutes Austria/Spain: The Ascott Limited, the lodging business of CapitaLand Investment, has signed seven franchise agreements totalling nearly 1,100 units in Vienna and Seville.
Five of the properties, signed with property…
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Keir Starmer slams decision to ban Maccabi Tel Aviv fans from UK match – POLITICO
Starmer’s direct intervention also raises the stakes for the British government, which must now find a way to defuse the row.
Culture Minister Ian Murray confirmed Friday morning that Culture Secretary Lisa Nandy, responsible for the sport brief in the U.K., would meet with the Home…
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French police arrest four in alleged plot targeting exiled Russian activist Vladimir Osechkin
Vladimir Osechkin founded Gulagu.net, a rights group for prisoners in the notoriously tough Russian prison system.
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Australian pension investment in UK and Europe set to double
Investment by Australian pension funds in the UK and Europe is projected to more than double over the next decade to over A$660 billion (€370 billion), according to a report by Mandala Partners, commissioned by IFM Investors and the…
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Putin is a ‘very bad dude,’ says Farage – POLITICO
The Reform UK head has been criticized by his political rivals in the U.K. over previous comments on Russia. During last year’s general election campaign, Farage said the West “provoked” Putin’s invasion of Ukraine through the eastward expansion of the NATO military…
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The secrets and rituals behind the 100 Best Companies to Work For in Europe
Good morning. How does a company become—and stay—a great place to work? To celebrate the publication of Fortune’s 2025 list of the 100 Best Companies to Work For in Europe, which we produce with Great Place to Work (GPTW), now a part of Continue Reading
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AI models’ bias toward flattery risks spreading false medical information, study warns
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Large language models (LLMs) – the technology behind artificial…
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