3 h. ago China's rare golden monkeys debut at European zoos, a possible successor to 'panda diplomacy'

China's endangered golden snub-nosed monkeys have joined pandas as diplomatic envoys to Europe

Politics

39 h. ago Battle between Netherlands and China over chipmaker could disrupt car factories, companies say

Volvo, VW and Nissan among companies that could face supply problems due to Dutch takeover of NexperiaCar companies across Europe and Japan including Volvo, Volkswagen, Honda and Nissan have warned that the battle between the Netherlands and China over control of the chipmaker Nexperia could hit production at factories.Last week’s decision by the Dutch government to take control of the Chinese-owned chipmaker, which is based in the Netherlands, has sent shock waves across the car industry, which is already facing potential shortages of products such as magnets amid China’s latest restrictions on rare earths exports. Continue reading...

Events

42 h. ago Volvo and VW say Dutch takeover of Chinese chipmaker could halt car factories

Japan also affected as manufacturers report Nexperia has warned them of possible supply problem Business live – latest updatesCar companies across Europe and Japan including Volvo, Honda and Nissan, have warned that the Dutch takeover of a Chinese-owned chip manufacturer could hit production at factories.Last week’s decision by the Netherlands government to take control of Nexperia has sent shock waves around the auto industry, which is already facing potential shortages in products such as magnets amid China’s latest restrictions on rare earths exports. Continue reading...

Politics

5 d. ago Rare earths shares soar as US and China battle over export controls

Trump administration plans to set price floors, create strategic minerals reserve and take equity stakes

Events

5 d. ago To hit back at the United States in their trade war, China borrows from the US playbook

China has expanded its export rules on rare earths, requiring foreign firms to get approval for exporting products containing even small amounts of China-originated materials

Events

8 d. ago Major rare earth firm scraps plans for £190m UK plant in favour of US

UK-listed firm Pensana had planned to build the £190million Saltend site near Hull, to process raw materials used in technologies such as electric cars and wind turbines.

Economics

9 d. ago Waymo to Launch Robotaxis in London Next Year, Marking European Debut

Waymo to Launch Robotaxis in London Next Year, Marking European Debut  Bloomberg.com

Politics

9 d. ago Waymo plans robotaxi launch in London, marking its European debut

Waymo plans robotaxi launch in London, marking its European debut  CNBC

Politics

1 week ago US and China begin collecting port fees on each other’s vessels amid trade war

A return to an all-out trade war appeared imminent last week, after China announced a major expansion of its rare earths export controls

Events

1 week ago US treasury secretary accuses Beijing of trying to damage global economy; silver hits record high – business live

Rolling coverage of the latest economic and financial newsWhy has US-China trade war restarted and how have markets reacted?A flurry of takeover talk speculation has pushed up shares in budget airline EasyJet this morning.EasyJet’s shares are up over 7%, leading the risers on the FTSE 100 share index.“[The group] does not believe the redress methodology proposed by the FCA appropriately reflects actual customer loss or achieves a proportionate outcome.“...the FCA’s proposed approach to assessing unfairness does not align with the legal clarity provided by the supreme court judgement in respect of the “Johnson” case, which confirmed that the test for unfairness is highly fact specific and must take into account a broad range of factors. The group will continue to engage with the FCA in respect of these points.“Many motor finance lenders did not comply with the law or the rules. It’s time their customers get fair compensation. Recent court judgments show that liabilities exist no matt...

Events

1 week ago Trump's rare earth row with China casts a dark shadow over the global economy, says ALEX BRUMMER

Washington and Beijing are at daggers, despite Trump's claims of a good relationship with supreme Chinese leader Xi Jinping (pictured together).

Politics

2 w. ago Trump threatens 100% China tariffs as Beijing restricts rare

President accuses China of ‘very hostile’ moves and says additional tariffs could come on 1 November ‘or sooner’Donald Trump has threatened to impose additional US tariffs of 100% on China from next month, accusing Beijing of “very hostile” moves to restrict exports of rare earths needed for American industry.Wall Street fell sharply after the US president reignited public tensions with the Chinese government, and raised the prospect of another acrimonious trade war between the world’s two largest economies. Continue reading...

Politics

2 w. ago The Guardian view on an AI bubble: capitalism still hasn’t evolved to protect itself | Editorial

Warnings about inflated tech stocks suggest investors never learn and central bankers learn too lateThe message from global regulators this week was blunt: the AI boom is driving stocks to dotcom-bubble highs – and the world is finally listening. With so much cash riding on so few firms, any loss of faith could send shares tumbling and drag down the wider economy. China’s proposed export controls on rare earths add a fresh threat: not just to sentiment, but to advanced chip supply chains themselves. It’s a long way down from such dizzying heights if gravity reasserts itself.Warnings from the past abound in Charles Kindleberger’s history of financial crises, Manias, Panics and Crashes, which begins with tulip mania in 1636. What commonly happens, he wrote, is “that some event changes the economic outlook. New opportunities for profits are seized, and overdone.” Once the mistake is realised, there’s a panicked exit with a crash in the price of “whatever has been the subject of the man...

Politics

2 w. ago China tightens grip on rare earths export amid US trade tensions

Sweeping restrictions mark first expansion of Beijing’s jurisdiction over its materials used abroad

Events

2 w. ago China outlines more controls on exports of rare earths and technology

China has outlined new curbs on exports of rare earths and related technologies, extending controls over the use of the elements critical for many products

Politics

3 w. ago Marc Guehi: 'Dream' Crystal Palace captain sent transfer message after collapsed Liverpool move

Eagles strolled to victory on major European debut

Politics