Volvo Cars CEO says there is no current agreement for Geely to use SPA3, but the option remains open, while Volvo is adopting some Geely vehicle platforms in China.
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Volvo Cars says it plans to maintain its 20% stake in Polestar, with no intention to increase or reduce its holding.
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Azerbaijan’s Energy Ministry reports that BP produced 7.9 million tonnes of oil during the January-June period.
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Azerbaijan exported 10.5 million tonnes of oil in January-June, according to the Energy Ministry.
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Azerbaijan produced 61,000 tonnes of oil per day in the first half of the year, the Energy Ministry says.
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Azerbaijan’s natural gas exports to Europe totaled 5.9 billion cubic metres in the first half of the year, the Energy Ministry says.
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Japan’s Prime Minister Takaichi says the government will promote investment in domestic financial assets, including by households and pension funds like GPIF.
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Takaichi says the Government Pension Investment Fund (GPIF) is already accumulating domestic investments via alternative assets, supporting Japan’s economic growth under existing guidelines.
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Japan’s Prime Minister Takaichi says GPIF conducts nimble portfolio rebalancing, such as shifting from foreign assets into domestic assets when the yen depreciates against the dollar.
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Switzerland’s government announces plans to broaden international partnerships for ammunition acquisition.
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US forces shoot down eight explosive drones over Erbil, north Iraq
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DOW JONES DOWN 553.41 POINTS, OR 1.05 PERCENT, AT 51,999.56 AFTER MARKET OPEN
NASDAQ DOWN 466.90 POINTS, OR 1.80 PERCENT, AT 25,415.05 AFTER MARKET OPEN
S&P 500 DOWN 90.59 POINTS, OR 1.20 %, AT 7,443.18 AFTER MARKET OPEN
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NASDAQ DOWN 466.90 POINTS, OR 1.80 PERCENT, AT 25,415.05 AFTER MARKET OPEN
S&P 500 DOWN 90.59 POINTS, OR 1.20 %, AT 7,443.18 AFTER MARKET OPEN
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APPLE HAS OVERTAKEN NVIDIA TO BECOME THE MOST VALUABLE COMPANY IN THE WORLD.
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SPACEX FACES A POTENTIAL LOSS OF $1 TRILLION FOLLOWING A 38% DECLINE IN VALUE.
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UKRAINE'S MILITARY REPORTEDLY HIT A RUSSIAN REFINERY IN THE YAROSLAVL REGION AND STRUCK TWO RUSSIAN TANKERS IN THE BLACK SEA.
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GERMAN CHANCELLOR MERZ PREDICTS THAT MACRON'S SUCCESSOR WILL SUPPORT STRONG FRANCO-GERMAN RELATIONS.
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GERMAN CHANCELLOR MERZ SAYS THEY ARE CLOSELY LOOKING AT FRANCE'S NUCLEAR DETERRENCE PROPOSAL, WHICH COULD RESULT IN A NEW DOCTRINE, BUT IT'S TOO EARLY TO CONCLUDE.
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