This is an audio transcript of the FT News Briefing podcast episode: ‘Hong Kong’s bull run leaves China in the dust’ Sonja HutsonGood morning from the Financial Times. Today is Wednesday, July 2nd, and this is your FT News Briefing. The UK government got its welfare bill over the line, but only after huge concessions….
Tesla increases the CLTC claimed range of its two most popular models in China without enlarging their batteries. The Model 3 LR AWD also gets a $1,400 price hike as a result, while the equivalent Model Y doesn’t. This seems like a desperate effort to stop the sales decline, but it’s probably too little, too…
Thailand’s ruling coalition was already fraying when a court suspended Prime Minister Paetongtarn Shinawatra on Tuesday, raising fresh doubts about her survival, the country’s economy and the future of a dynasty that has loomed over the Southeast Asian nation for decades. Source link
The sale of electric vehicles (EVs) in Europe has remained strong through the first six months of 2025, and in some countries like Norway and Spain, sales of Tesla EVs have bounced back following a rocky start to the year. The start of July brought with it the release of new monthly data from European…
Paramount Global has agreed to pay President Trump $16 million to end his lawsuit over edits to a “60 Minutes” interview — a legal tussle that roiled CBS News, spurred high-level departures and threatened to derail the company’s hoped-for sale. Under the terms of the deal, the money will be allocated to Trump’s future presidential…
The Asia session opens beneath a lengthening shadow, as Tokyo finds itself center stage in a drama not of its own making. Nikkei futures are under pressure, down 0.8%, following Trump’s unambiguous declaration: there will be no extension of the July 9 tariff pause. The 90-day reprieve—once seen as breathing space—now looks more like a…
Jason Barrett visits his 94-year-old grandmother, Ruth Raney, at the Martinsburg Healthcare Center in West Virginia as often as he can. Medicaid will soon be covering the cost of Raney’s care, putting her among the 77% of West Virginia nursing home residents — and 63% of nursing home residents nationwide — who rely on the…
Sir Keir Starmer gutted his controversial welfare bill on Tuesday as he fended off a full-scale Labour rebellion in chaotic scenes in the House of Commons, leaving a multibillion-pound hole in UK public finances. Amid fears of imminent defeat, Starmer authorised a last-minute climbdown. Experts said the emasculated bill, which passed a parliamentary vote on Tuesday evening, could even lose…
At Wimbledon, the action at Centre Court is never limited to the match-ups between the season’s highest-ranked tennis talents. Royals and A-listers line London’s famous green stands to take in the annual Wimbledon Championship organized by All England Lawn Tennis and Croquet Club. They dress like they’ve trained all year to serve their best tennis…
ZTE, a global leading provider of integrated information and communication technology solutions, announced that it has taken the lead in launching a 50G PON-based 1 Fixed Mobile Convergence (FMC) residential community in Jiangsu, China, in collaboration with China Mobile. By leveraging the cutting-edge three-generation five-mode (GPON, symmetric and asymmetric 10G PON, symmetric and…