Teslas ChinaMade EV Sales in August Up 3 yryr

BEIJING, Sept 2 Reuters Sales of U.S. automaker Tesla39;s Chinamade electric vehicles grew 3 in August from a year earlier, data from the China Passenger Car Association CPCA showed on Monday. Deliveries of its Chinamade Model 3 and Model Y vehicles rose 17 from July. Chinese rival BYD, with its Dynasty and Ocean series of EVs […]
Read More

Sterling drops versus euro, focus on rate outlook

Sept 2 Reuters Sterling dropped against the euro but was still within striking distance of a onemonth high, while rising versus a weakening dollar. The greenback eased but remained close to its highest level in almost two weeks as investors focused on a U.S. jobs report due at the end of this week. British factories had their strongest month […]
Read More

China Warns Japan of Retaliation over Potential new Chip Curbs, Bloomberg

Sept 2 Reuters China has warned of severe economic retaliation against Japan if it further restricts sales and servicing of chipmaking equipment to Chinese firms, Bloomberg News reported on Monday, citing people familiar with the matter. Toyota Motor 7203.T, opens new tab privately told Japanese officials that Beijing could react to the curbs by cutting Japan39;s access […]
Read More

Turkeys Botas Buying 4 bcm of LNG from Shell in 10yr Deal

ANKARA, Sept 2 Reuters Turkish state energy company Botas and British oil major Shell signed a 10year LNG agreement on Monday, the Turkish Energy Minister Alparslan Bayraktar said. A total of 40 LNG cargoes of approximately 4 billion cubic meters will be delivered annually for a period covering 10 years starting from 2027, Bayraktar said. This […]
Read More