Why tariffs on Chinese EVs may not work
The Chinese auto sector is increasingly making global automakers and politicians hot under the collar.
Asian news from Sweden
Shares of Porsche, VW and other European carmakers fall following reports of 'dieselgate' lawsuits in Britain
Shares of European carmakers fell on Wednesday following a report that some of the world's largest auto manufacturers face possible lawsuits in Britain for allegedly cheating emissions tests.
Norway discovers Europe's largest deposit of rare earth metals
Mining firm Rare Earths Norway says it has discovered Europe's largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region.
Armed conflicts hit post-WWII record in 2023
Number of conflicts worldwide hit 59 last year with 28 occurring in Africa.
Norway wealth fund to vote against Musk's $56 billion Tesla pay package
Norway's $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon Musk's $56 billion pay package, which is up for a shareholder vote next week, after a Delaware judge invalidated it earlier this year.
Swedish defense chief says actions against Philippines in South China Sea threaten global security
MANILA, Philippines (AP) — Sweden’s defense chief has expressed alarm over Beijing’s repeated dangerous maneuvers against Philippine vessels in the South China Sea, saying such actions threaten security, undermine stability and underscore the need to invest “for our security and freedom.”
ECB cuts rates for first time in 5 years
FRANKFURT (Reuters) -- The European Central Bank went ahead with its first interest rate cut since 2019 on Thursday, citing progress in tackling inflation even as it acknowledged the fight was far from over.
Can the West ‘friendshore’ enough critical minerals?
Over the coming years, Western countries will require tremendous volumes of critical minerals given the demand for mineral-rich technologies like electric vehicle batteries.