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Chinese carmakers offer lifeline to Europe’s struggling steel industry

Chief of major auto supplier Voestalpine says BYD and others will boost sector even as factories close

Nov 12, 2026 · Staff
Originally on Wedgetail
News
How Switzerland’s rescue of a Russian bank went spectacularly wrong

A four-year saga of unpaid debts, feuding owners and legal battles

Nov 12, 2026 · Staff
Originally on Wedgetail
News
Chinese carmakers offer lifeline to Europe’s struggling steel industry

Chief of major auto supplier Voestalpine says BYD and others will boost sector even as factories close

Nov 12, 2026 · Staff
Originally on Wedgetail
News
Angola’s Oil Windfall Fuels Diversification Push, Citi Says

Angola’s drive to diversify its economy away from oil is picking up steam as the government uses a surge in crude revenue to finance structural reform...

Nov 12, 2026 · Staff
Originally on Wedgetail
News
Indian shares bounce back as investors seek AI shelter

Nifty 50 is world’s best-performing major market so far this quarter

Nov 12, 2026 · Staff
Originally on Wedgetail
News
Senators Ask Trump Administration to Preserve Nvidia Documents

Two Democratic senators asked the Trump administration on Thursday to preserve all records regarding the export of Nvidia Corp.’s advanced semiconduct...

Nov 12, 2026 · Staff
Originally on Wedgetail
News
Modi Ally Chandrababu Naidu Sees Google Project on Track, New Data Centers

Alphabet Inc.’s $15 billion Google AI hub in India’s southern state of Andhra Pradesh is on track to begin operations in 2028, Chief Minister N. Chand...

Nov 12, 2026 · Staff
Originally on Wedgetail
News
Vietnam Dollar Bond Sale on Hold as Fuel Cost Fans Inflation

Vietnam’s plans for an international bond issuance are on hold while officials wait for more suitable conditions, as global disruptions to fuel suppli...

Nov 12, 2026 · Staff
Originally on Wedgetail
News
Pacific fuel crisis cost region nearly $1 billion in six months, NZ briefings reveal

Officials say the fuel crisis triggered in late February due to the war between Iran and the United States of America has cost the Pacific region near...

Nov 12, 2026 · Staff
Originally on Wedgetail
News
New Zealand Bond Auction Demand Climbs to Highest Since 2013

The demand for New Zealand bonds at auctions jumped to the highest in more than a decade after preliminary election results eased concern over governm...

Nov 12, 2026 · Staff
Originally on Wedgetail
News
Nomura explores possible sale of Laser Digital crypto unit

Japan's largest securities firm is talking to potential buyers including Marex, which is evaluating the deal.

Nov 12, 2026 · Staff
Originally on Wedgetail
News
China’s Loan Interest Rates Are Already Low, Central Bank Says

China’s central bank highlighted what it said were relatively low loan rates compared to the rest of the world — a sign it may remain cautious about c...

Nov 12, 2026 · Staff
Originally on Wedgetail