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Agreement follows détente between Donald Trump and Indian Prime Minister Narendra Modi
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The left smells blood after shocking Democratic primary result AxiosIn a Close Election, Voters Send a Sharp Anti-Trump Message The New York TimesHow a pro-Israel super PAC made a losing bet to open Democratic primary season NBC NewsNew Jersey Democratic primary contest for House seat on knife-edge as votes trickle in The GuardianDemocrats Mejia, Malinowski loc
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Hegseth Says Defense Department Will Cut Ties With Harvard The New York TimesPentagon to cut ties with Harvard over ‘wokesters', ending training, programs and fellowships The GuardianWar Department Cuts Ties With Harvard University U.S. Department of War (.gov)Defense Department Severs Academic Ties with Harvard The Harvard CrimsonPentagon says it's cutting ties with ‘woke' Harvard, discontinuing military training, fellowships
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Bodies found in area in Mexico where search is on for 10 missing workers from Canadian mine AP NewsBody found in Mexico appears to be 1 of 10 kidnapped employees of Canadian mining company, authorities say CBCSearch for kidnapped Sinaloa mine workers intensifies Mexico News Daily10 Miners from Canada Were Abducted in Mexico, Possibly by Cartel Members, Says Official People.comOperations for missing miners hit organized crime in Mexico BNamericas
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Goldman Sachs is building AI agents with Anthropic's Claude to automate trade accounting and client onboarding, aiming to speed work and boost efficiency.
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Long a neighborhood landmark, the Victorian home was an art project for its previous owners. Its new owners promised to keep it much as it was. Then HGTV came calling.
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Stocks also rise in first trading session as US pledges to lower country's tariffs to 18% following oil agreement
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Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as the global slowdown in electric vehicle sales starts to bite.
While net income for the third quarter ended Sept. 30 rose 26 percent to 13.1 billion yuan ($1.8 billion) versus the same period last year, that was a lot lower than the 14.7 billion yuan expected. Revenue shrank 12.5 percent to 92.3 billion yuan year-on-year, sharply down on projections for 118.4 billion yuan.
The world's largest maker of EV batteries is being hit as automakers from General Motors to Ford begin to scale back EV production plans and delay model launches. Countries like Japan and Germany, home to some of the largest automotive incumbents, have seen not just a slowdown in the growth rate, but an outright decline in EV sales.
CATL supplies many big name carmakers, including Tesla Inc.
Although the Chinese giant dwarfs competitors, it isn't alone in feeling the pain. The world's third largest battery maker, South Korea's LG Energy Solution Ltd., is likely to suffer its third consecutive quarterly profit decline, its most recent preliminary earnings show.
For the January to August period, CATL's global market share stood at 37.1 percent, up 1.6 percentage points on the same period of last year, data from SNE Research show. LG Energy's market share shrunk 2.3 percentage points to 12.1 percent.
CATL's greater control over its supply chain does at least wring more profit from its suppliers, helping to drive down costs. Bloomberg Intelligence has suggested that more global EV makers adopting cheaper lithium-iron-phosphate (LFP) batteries could help CATL gain market share overseas. The company's energy-storage business is also emergin
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