(Reuters) -A tactic used by Chinese automakers and dealers to inflate car sales has grown increasingly common in recent years in response to a bruising price war in the world's largest auto market, a Reuters analysis of consumer complaints has found.
Earlier this month, Reuters reported EV brands Neta and Zeekr had arranged for cars to be insured before buyers purchased them, a scheme that effectively inflates sales numbers and gives the appearance the... (continue reading...)
BANGKOK (Reuters) -At least six people were killed at a market in a shooting incident in the Thai capital Bangkok on Monday, a police official said.
The number of fatalities includes the gunman who took his own life, Charin Gopatta, Deputy Commissioner of the Metropolitan Police Bureau, told Reuters.
Four security guards at the Or To Ko market, which sells agricultural produce and local food, were killed by the gunman, as well as a woman,... (continue reading...)
(Reuters) -Volkswagen's premium brand Audi on Monday cut its its full-year guidance, citing the impact of higher U.S. import tariffs and restructuring expenses.
The company now expects revenue between 65 billion euros ($76 billion) and 70 billion euros, down from a previous range of 67.5 billion to 72.5 billion, and an operating margin between 5 and 7%, down from a previous range of 7 to 9%.
Audi said it is still assessing the implications... (continue reading...)
BERLIN (Reuters) -The German armed forces are preparing to develop long-range combat drones capable of striking targets deep in enemy territory, the Handelsblatt newspaper reported on Monday.
Three consortia are working on concrete concepts after the Luftwaffe airforce sent a request for deep-strike drones to leading defence companies and startups, the report said.
According to the report, Airbus Defence is contributing to the project... (continue reading...)
PARIS (Reuters) -French government ministers said a framework trade deal between the United States and European Union had some merits - such as exemptions for some key French business sectors such as spirits - but was nevertheless unbalanced.
"The trade agreement negotiated by the European Commission with the United States will bring temporary stability to economic actors threatened by the escalation of American tariffs, but it is unbalanced," wrote French... (continue reading...)
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Several US executives to visit China this week: sources
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Brewer Heineken's first-half profits beat forecasts
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Brewer Heineken's first-half profits beat forecasts
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump, Starmer to meet in Scotland, with trade and Gaza on agenda
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Trump pauses export controls to bolster China trade deal, FT says
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Trump pauses export controls to bolster China trade deal, FT says
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Trump pauses export controls to bolster China trade deal, FT says
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Analysis-Bank of England poised to slow QT after rise in yields
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Viral 'honour' killing in southwest Pakistan triggers national outrage
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Chinese AI firms form alliances to build domestic ecosystem amid US curbs
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Russia's night attack on Kyiv leaves eight injured, including child, Ukraine says
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Morning Bid: US and EU avert tariff bust-up
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Malaysia's economy projected to grow 4% to 4.8% this year, central bank says
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Ministers gather at UN for delayed meeting on Israel, Palestinians
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Evictions and expulsions of Muslims to Bangladesh precede Indian state polls
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China opposes Czech president's visit to Dalai Lama
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Cambodia says immediate ceasefire purpose of talks; Thailand questions its sincerity
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US, China to launch new talks on tariff truce extension, easing path for Trump-Xi meeting
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BOJ may paint less gloomy view, signal rate-hike resumption
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Indian rupee, bond markets cautious in week dominated by Fed, tariffs
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Stocks surge, euro steady after US-EU trade agreement
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Oil rises as US-EU deal boosts trade optimism
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Intense rains lash China swelling waterways, rivers; landslide kills four
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Euro rises after US, EU agree to tariff deal
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CK Hutchison in talks to invite Chinese investor for ports sale after Beijing's scrutiny
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Rubio says US officials are in Malaysia to help in Cambodia-Thailand talks
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Musk says Tesla, Samsung Electronics sign $16.5 billion chip supply deal
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WiseTech Global insider Zubin Appoo succeeds Richard White as permanent CEO
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Man arrested at US Treasury building after climbing gate, agency says
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Tom Lehrer, musical satirist and math prodigy, dead at 97
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North Korea says South Korea's overtures 'great miscalculation'
