Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’

China has introduced a two-year plan to stabilize its car industry amidst price wars and trade tensions. The initiative, spearheaded by eight government departments, focuses on price monitoring and boosting domestic demand. It sets a target of 15.5 million new energy vehicle sales in 2025, while addressing challenges posed by EU and Mexican trade barriers.

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‘Salami slicing’: Russia’s incursion into Poland – How Putin has riled Trump, again

Following a Russian drone incursion into Polish airspace, NATO scrambled jets, raising alarms across Europe. Trump’s initial ambiguous response, downplaying the incident, unsettled allies who view Poland’s security as vital to NATO’s credibility. This event highlights concerns about Trump’s commitment to defending NATO allies and his perceived hesitation in confronting Russian aggression, potentially emboldening further…

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Steve Ballmer reportedly invests another $10 million into Aspiration amid Kawhi Leonard’s no-show controversy

Los Angeles Clippers owner Steve Ballmer faces scrutiny amid Kawhi Leonard’s $28 million no-show controversy. Ballmer reportedly invested an additional $10 million into Aspiration, a company he claims defrauded him after a previous $50 million investment. Former Aspiration CEO Andrei Cherny stated the company could have terminated the agreement with Leonard if he didn’t fulfill…

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