Spain's watchdog probes Naturgy for anti-competitive practices

Reuters
Exclusive-Firm making car that Putin gifted to Kim uses South Korean parts, data shows
Laughing and joking, Russian President Vladimir Putin and North Korean leader Kim Jong-un cruised around Pyongyang last week in a Russian-made Aurus limousine to showcase their strengthened anti-Western alliance. The luxury sedan was intended to epitomize Russia's domestic prowess and reduced dependence on imported technology and goods when unveiled in 2018. But customs records show that the company that builds it uses millions of dollars in imported parts, many arriving in Russia from what Kim has described as his country's "primary foe", South Korea.
The Telegraph
How Putin handed America the keys to the world’s energy market
It did not take long for Vladimir Putin’s invasion of Ukraine to reshape the world’s energy markets, as countries long reliant on Russian gas sought to sever ties as soon as possible.
AFP News
Western tariffs a 'challenge' for China's battery giant CATL
An executive from China's battery giant CATL said on Thursday that Western tariffs tied to electric vehicles present a "challenge" for the firm, and are bad for customers too.Many of the vehicles affected by tariffs are fitted with batteries from CATL, which is aiming to ramp up its operations in Europe next year.
CoinDesk
Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue
The miner has mined 93 million worth of KAS tokens since Sept. 2023.
Reuters
Silicon Box picks Piedmont region for its Italian $3.4 billion chip plant
Singapore-based semiconductor firm Silicon Box has picked the town of Novara, in the industrialised northwestern region of Piedmont, for its new multi billion-euro chip factory in Italy, the industry ministry said on Friday. "Silicon Box offers Piedmont the opportunity to become a semiconductor hub," Industry Minister Adolfo Urso told reporters.
Reuters
Toyota to launch first EV with advanced self driving system for China in 2025
Toyota is planning to launch the first electric car model equipped with an advanced autonomous driving system similar to Tesla's Full Self-Driving for the Chinese market next year, one of its Chinese joint ventures said. The JV with state-owned Guangzhou Automobile Group (GAC) aims to restore the Japanese automaker's market share in China by catching up with Chinese rivals on technologies in hybrids, batteries and intelligent vehicles. GAC Toyota said it would launch Bozhi 3X SUV next year as the first model to be equipped with the system that would enable advanced driving assistance for parking and navigation on highways and urban traffics.
Reuters
Chinese-owned chipmaker Nexperia invests $200 million in European expansion
AMSTERDAM/HAMBURG (Reuters) -Nexperia, one of the world's largest makers of basic semiconductors such as diodes and transistors, said on Thursday it would invest $200 million to expand capacity at its main production site in Hamburg, Germany. The investment by Dutch-headquartered Nexperia, owned by Chinese electronics maker WingTech, is a rare example of a computer chip investment made in Europe without assistance from state subsidies under the EU's Chips Act launched in 2023. It also comes as the European Union is considering whether China is unfairly subsidising domestic Chinese production of simple "legacy" chips, found in cars, electric systems, smartphones and industrial applications.
BBC
VW to invest up to $5bn in Tesla rival Rivian
Shares in the US-based electric truck and SUV maker jumped by almost 50% after the announcement.
Reuters
Zeekr's sales jump as Chinese dominate Russian EV market
Sales of Zeekr electric vehicles have shot up in Russia in the last year, putting Chinese carmakers ahead of local competition in Russia's small but rapidly expanding electric vehicle (EV) sector. Chinese carmakers have already seized more than half of Russia's car market since Western competitors pulled out, taking their technology and know-how with them, after Moscow sent troops into Ukraine in February 2022. Governments in Europe and the United States are growing increasingly wary of Chinese dominance in the EV sector but Russia, rather than imposing tariffs, is embracing Chinese brands across all automobile sectors to prop up its car industry.
Simply Wall St.
3 High-Yield Dividend Stocks In China With Yields Up To 5.9%
As global markets navigate through varying economic signals, China's market has shown resilience with sectors like retail showcasing growth despite broader challenges. In this context, high-yield dividend stocks in China may offer investors a blend of stability and potential income in an otherwise uncertain environment.
Reuters
Toyota's May global output slides with marked decline in China
Toyota's global production slid for a fourth straight month in May from a year earlier on lower output in many overseas markets, with the decline in China, where local brands have become much more competitive, particularly sharp. In China, production fell 22%. The Japanese automaker also had lower production in markets such as Thailand, Mexico, Brazil and France although the U.S. and Japan saw output grow.
Investing.com
Oil prices settle higher, but gains capped by surprise inventory build, dollar
Investing.com-- Oil prices settled slightly higher Wednesday, though gains were capped by unexpected build in U.S. inventories and a stronger dollar.
Simply Wall St.
Green Thumb Industries And Two Other Stocks Estimated As Undervalued On TSX
The Canadian market has shown positive momentum, rising 1.1% over the past week and achieving a 9.9% increase over the last year, with earnings projected to grow by 15% annually in the coming years. In this context, identifying stocks that are potentially undervalued can offer investors opportunities for growth, especially when market trends suggest a favorable economic environment.
Yahoo Finance Video
Is this the Tesla robotaxi killer? Meet the 'Verne'
Tesla (TSLA) may have some competition in the robotaxi space as Croatian automaker Rimac Automobili is set to launch its new robotaxi service, Verne, in 2026. Yahoo Finance Pras Subramanian joins Catalysts to discuss Rimac's announcement and what it means for the auto sector moving forward. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Investing.com
Oil prices settle higher on supply disruption jitters amid geopolitical tensions
Investing.com -- Oil prices settled higher Thursday as rising Middle East tensions stoked worries about global supplies disruptions, overshadowing data from a day earlier showing a surprise build in U.S. inventories.
Oilprice.com
Why Big Investors Are Doubling Down Right Now on Oil & Gas Stocks
Buffett, Slim and Tepper are making major bets on energy companies such as Occidental, PBF and Energy Transfer LP
Yahoo Finance Video
2024 election: What Biden, Trump could mean for commodities
Presidential policies can have a ripple effect throughout the economy and broader markets. With the 2024 presidential election coming up — and the first debate happening on Thursday, June 27 — uncertainty around several sectors arises as candidates President Joe Biden and Former President Donald Trump have very different views on how to run the country. One of those markets that could shift drastically on policy alone is commodities, with crude oil (BZ=F, CL=F) and gas prices (RB=F) already facing pressure from geopolitical volatility. Blue Line Futures Chief Market Strategist Phil Streible joins Market Domination to provide insights into what investors should keep in mind with the commodity market during an election year and how each candidate may impact the market: "Energies are one of the top focuses that we're going to be watching. Under Trump, we were energy independent. We did also have a hard stance on Iran. It makes a play for lower energy prices if Trump was to come into office where we are much more dependent on OPEC, South American oil, it's very difficult for oil and gas exploration companies to get those permits to expand wells." Streible continues: "With the green energy Initiative front and center under the Biden administration, it's just really tough with the regulations in order to boost that output. So you're going to see more elevated energy prices with Biden around." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
The Independent
Victoria Beckham first slept with David ‘hours after meeting Prince Charles’
‘Thereafter, she said, Beckham was ‘a total animal’ in bed,’ the biography claims
The Telegraph
‘This wasn’t a debate, it was a medical emergency’: Our writers give their verdicts
Follow the latest reaction in our live blog
Cosmopolitan
Katy Perry Went Topless in Nothing But Ripped Tights and an Open Jacket at PFW
Katy Perry went topless in nothing but ripped tights and an open jacket during Paris Fashion Week.

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Spain's watchdog probes Naturgy for anti-competitive practices

Latest stories

Exclusive-Firm making car that Putin gifted to Kim uses South Korean parts, data shows

How Putin handed America the keys to the world’s energy market

Western tariffs a 'challenge' for China's battery giant CATL

Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue

Silicon Box picks Piedmont region for its Italian $3.4 billion chip plant

Toyota to launch first EV with advanced self driving system for China in 2025

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

VW to invest up to $5bn in Tesla rival Rivian

Zeekr's sales jump as Chinese dominate Russian EV market

3 High-Yield Dividend Stocks In China With Yields Up To 5.9%

Toyota's May global output slides with marked decline in China

Oil prices settle higher, but gains capped by surprise inventory build, dollar

Green Thumb Industries And Two Other Stocks Estimated As Undervalued On TSX

Is this the Tesla robotaxi killer? Meet the 'Verne'

Oil prices settle higher on supply disruption jitters amid geopolitical tensions

Why Big Investors Are Doubling Down Right Now on Oil & Gas Stocks

2024 election: What Biden, Trump could mean for commodities

Victoria Beckham first slept with David ‘hours after meeting Prince Charles’

‘This wasn’t a debate, it was a medical emergency’: Our writers give their verdicts

Katy Perry Went Topless in Nothing But Ripped Tights and an Open Jacket at PFW