USA Rare Earth shares surged more than 14% on Friday after CEO Barbara Humpton told CNBC that the company is “in close communication” with President Trump’s administration.
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Xpeng announced further expansion into Europe, partnering with Switzerland’s Hedin Group to launch its 2025 G6 and G9 SUVs.
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China has dropped its antitrust investigation launched earlier this year into Google’s Android dominance, according to the Financial Times
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Chinese electric vehicle brands are gaining ground in Europe faster than expected. In the first half of 2025, they captured 5.1% of new vehicle registrations across 28 European countries—matching Mercedes-Benz’s share and nearly doubling their portion from the previous year.
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India plans to continue importing Russian oil despite former President Donald Trump’s threat of additional penalties and a proposed 25% tariff on Indian exports.
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U.S. and China agree to slash tariffs for 90 days
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