Stellantis and CATL have announced plans to jointly build a 4.1 billion euro ($4.3 billion) lithium iron phosphate battery plant in Spain.
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‘White gold’ seen as pivotal to Europe’s massive trade deal with South America
Analysts at ING said the significance of critical raw materials like lithium seemed to be “making less headlines” in the coverage of the free trade agreement.
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December 10, 2024December 10, 2024Worldwide
China stocks rise amid broader gains in Asia markets as Beijing’s stimulus pledge boosts sentiment
Traders in Asia react to Beijing’s promise of “more proactive” fiscal measures and “moderately” looser monetary policy next year.
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December 10, 2024December 10, 2024Worldwide
UnitedHealthcare CEO killing: Luigi Mangione held without bail on gun, forgery charges
Luigi Mangione was arrested on a gun charge after police found him with a pistol consistent with the one used to kill UnitedHealthcare CEO Brian Thompson.
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December 10, 2024December 10, 2024Worldwide
Nvidia shares fall after China opens investigation over possible violation of antimonopoly law
Nvidia shares were under pressure after a Chinese regulator said it was investigating the chipmaker over possible violations of the country’s antimonopoly law.
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Ant Group gets new CEO as billionaire founder Jack Ma talks up AI in rare appearance
Alibaba and Ant Group co-founder Jack Ma said the AI era over the next 20 years would “exceed everyone’s imagination.”
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India appoints Revenue Secretary Sanjay Malhotra as new central bank governor
India has appointed Sanjay Malhotra as governor of the country’s central bank for a three-year period, according to CNBC TV18.
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China vows ‘more proactive’ fiscal stimulus measures, ‘moderately’ looser monetary policy
China’s leaders pledged “more proactive” fiscal and monetary policies next year to boost domestic consumption, according to an official readout.
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From failed accountant to Marvel and Barbie star: Simu Liu shares how he got out of ‘rock bottom’
Actor Simu Liu was fired from Deloitte before becoming an actor. He’s now investing in Asian American businesses and is outspoken about tackling discrimination.
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China’s top leaders are set to discuss GDP growth target, stimulus measures amid economic worries
Market participants will watch the events this week for clues on how policymakers plan to steer the economy through entrenched disinflation and looming U.S. tariffs.