We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing Geely Auto has gained the upper hand in mainland China’s intensifying automotive sector, as its diverse product line-up pays off after electric vehicle (EV) king BYD suffered a setback follo...
We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing Geely Auto has gained the upper hand in mainland China’s intensifying automotive sector, as its diverse product line-up pays off after electric vehicle (EV) king BYD suffered a setback following partial withdrawal of a tax break. Betting on rising global demand for energy storage, Contemporary Amperex Technology Ltd (CATL) reported stronger-than-expected growth driven in part by its expansion into new energy storage markets. People walk past an EV showroom inside a shopping mall in Beijing. Photo: AP Several years ago, prime ground-floor spaces in major shopping malls across Beijing and Shanghai’s business districts were commonly occupied by electric vehicle (EV) showrooms, with staff often escorting customers to car parks for test drives. Many of these stores have now closed.
'Europeans Committing Demographic Suicide': EU Politicians Gather To Discuss Immigration Crisis Via Remix News, Europeans are committing demographic suicide and the tools used to managed migration are failing at every level, said Rodrigo Ballester, the head of the Center for European Studies at the Mathias Corvinus Collegium. He made his remark at a recent Ordo Iuris Institute event in Warsaw, Pol...
'Europeans Committing Demographic Suicide': EU Politicians Gather To Discuss Immigration Crisis Via Remix News, Europeans are committing demographic suicide and the tools used to managed migration are failing at every level, said Rodrigo Ballester, the head of the Center for European Studies at the Mathias Corvinus Collegium. He made his remark at a recent Ordo Iuris Institute event in Warsaw, Poland, which saw European politicians, policymakers, and other important players gather to discuss a groundbreaking paper: “Taking Back Control from Brussels. The Renationalization of the EU Migration and Asylum Policies.” “As Europeans, we are committing demographic suicide. We are a continent of old rich people, facing a continent of young, hungry, and determined people — ambitious people. We’re still trying to manage migration with hopelessly outdated tools, using conventions from a century ago. They have completely lost their meaning today. In practice, I’m talking about the Geneva Convention. This is the ‘sacred cow’ we should get rid of,” Ballester emphasized. The “Taking Back Control” paper, which was recently covered by Remix News, outlines 18 ways Europe can regain control of immigration policy . Ballester emphasized that these policies need to be implemented and quickly. Many of the speakers discussed various aspects of Europe’s ongoing immigration crisis, including the sharply differing trajectories of pro-immigration countries such as Poland versus Germany. Polish Prof. Zdzisław Krasnodębski, a former MEP, spoke to the large audience who had gathered, where he compared the impact of immigration on the Polish city of Warsaw to the German city of Bremen where he lived and worked for a long time. " How did it happen that such a process, which is suicidal, was supported by societies for years? I can tell you that I know two such cities well. One was poor and large, and people were moving away from it. It was Warsaw. Warsaw was also White, if I may use that term. The o...
Australian scientists have developed what they say is the world’s first proof-of-concept quantum battery. Quantum batteries, first proposed as a theoretical concept in 2013, use the principles of quantum mechanics to store energy, and have the potential to be more efficient than conventional batteries. Researchers have now created a prototype – charged wirelessly with a laser – that they believe i...
Australian scientists have developed what they say is the world’s first proof-of-concept quantum battery. Quantum batteries, first proposed as a theoretical concept in 2013, use the principles of quantum mechanics to store energy, and have the potential to be more efficient than conventional batteries. Researchers have now created a prototype – charged wirelessly with a laser – that they believe is a major step towards fully functioning quantum batteries with rapid charging times. Lead researcher Dr James Quach of the CSIRO, Australia’s national science agency, said: “It’s the first prototype which does a full cycle of a battery: in other words, you charge it, you store energy, and you can discharge it.” In conventional batteries, charge time increases with size. “That’s why your mobile phone takes about 30 minutes to charge and your electric car takes overnight to charge,” Quach said. In contrast, “quantum batteries have this really peculiar property where the larger they are, the less time they take to charge”, he said. That’s due to a feature known as “collective effects”, in which quantum cells charge faster when there are more cells involved. Quach and his colleagues first demonstrated this property in 2022, but there was no way to extract energy from that prototype battery. A researcher holds the tiny prototype quantum battery. Photograph: CSIRO The new prototype, detailed in the journal Light: Science & Applications, took femtoseconds (quadrillionths of a second) to charge, and stored the energy for nanoseconds – about six orders of magnitudes longer. To put that into perspective, Quach said, for a battery that took one minute to charge, six orders of magnitude would mean it would stay charged for “a couple of years”. The current prototype has a capacity of only a few billion electron volts, “which is very small and not enough to power anything useful”, he said. “What we need to do next is … to increase the storage time,” Quach added. “You want your battery t...
By Casey Hall SHANGHAI, March 18 (Reuters) - Alibaba is sharpening its artificial intelligence strategy by focusing on agents that connect the many businesses under its sprawling corporate umbrella. In recent months, Alibaba has rolled out several AI agent integrations and this week, the firm said it would separate its AI businesses from its cloud computing arm. The newly formed Alibaba Token Hub...
By Casey Hall SHANGHAI, March 18 (Reuters) - Alibaba is sharpening its artificial intelligence strategy by focusing on agents that connect the many businesses under its sprawling corporate umbrella. In recent months, Alibaba has rolled out several AI agent integrations and this week, the firm said it would separate its AI businesses from its cloud computing arm. The newly formed Alibaba Token Hub business group, led by Chief Executive Eddie Wu, is the clearest sign yet that the company is shifting its focus to digital assistants powered by AI models that consume far more tokens - units of data used by models to generate language - than traditional Q&A chatbots. Alibaba did not respond to a request for comment on this story. The $325 billion e-commerce giant reports quarterly results on Thursday, with AI monetisation in focus as major tech firms in China and beyond wrestle with how to make the era-defining technology profitable. Analysts expect Alibaba’s third-quarter revenue to rise 3.8% and net income to fall 42.5%. The quarter included Singles’ Day, China’s biggest shopping festival. Facing a prolonged slump in consumer confidence as shoppers save rather than spend, a weak macroeconomic outlook and a prolonged property crisis that has eroded household wealth, Alibaba has turned to new business models to encourage consumption. Last year, the firm invested heavily in acquiring users for its instant retail platform, which competes in the one-hour delivery market with Meituan. This year, Alibaba’s AI chatbot Qwen has begun moving beyond answering questions to helping users make purchases directly through a chat interface. In February, an early push to get users to try Qwen’s new functions encountered some hurdles. Alibaba launched the first phase of a 3 billion yuan ($435.7 million) coupon campaign that allowed users to make in-app purchases on Alibaba-owned retail platforms using only chatbot prompts. The coupons proved too popular, prompting a temporary shutdo...
Mag Mile Capital ( MMCP ) secured a $24M construction financing loan for an 87-unit project in Richmond Heights (Cleveland area). The loan was arranged for DealPoint Merrill and will fund the 128,000 sq. ft. residential portion of the mixed-use project. These loan proceeds will be used to build an 87-unit multifamily project, with ~80% of the cost funded by debt and a floating interest rate of ~6%...
Mag Mile Capital ( MMCP ) secured a $24M construction financing loan for an 87-unit project in Richmond Heights (Cleveland area). The loan was arranged for DealPoint Merrill and will fund the 128,000 sq. ft. residential portion of the mixed-use project. These loan proceeds will be used to build an 87-unit multifamily project, with ~80% of the cost funded by debt and a floating interest rate of ~6% over the 1-month SOFR. MMCP shares traded lower to around $0.44 in pre-market on March 18, following a sharp ~20% drop. More on Mag Mile Capital, Inc. Financial information for Mag Mile Capital, Inc.
Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Stringer | Reuters French Finance Minister Roland Lescure told CNBC that France is willing to support the U.S. in securing the Strait of Hormuz — just not while ships are still ...
Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Stringer | Reuters French Finance Minister Roland Lescure told CNBC that France is willing to support the U.S. in securing the Strait of Hormuz — just not while ships are still coming under attack in the vital maritime passage. "We are willing to do something to free the Strait of Hormuz, provided that this is not a war situation anymore. Nobody wants to go across the Strait of Hormuz if there's a risk of missiles or drones going on your head," he told CNBC's Charlotte Reed on Tuesday. "We need the conflict to de-escalate, and then we can imagine securing the Strait of Hormuz ... We know how to do it, but you don't do that in a war situation. You do that in a pacified situation in which people need to be secure and safe," he added. watch now VIDEO 1:08 01:08 French Finance Minister: De-escalation needed to secure Hormuz Squawk Box Europe France, the U.K. and Germany are among the European allies who have been criticized by President Donald Trump for failing to assist the U.S. in reopening the Strait of Hormuz, a maritime passage controlled by Iran which is critical for exporting large amounts of oil and gas out of the Middle East. European countries are reluctant to get involved in the U.S. and Israel's conflict with Iran, seeing it as a war of choice rather than necessity, and one that has no clear objectives or endpoint. While European officials have expressed concern that global food, fertilizer and energy supplies are at risk as a result of the Strait of Hormuz being effectively closed, there is little appetite to expand naval operations in the Middle East to assist the movements of vessels through the channel. Read more Traffic starts trickling through Strait of Hormuz: Who's moving through and who's still stranded Trump goes alone in the Ira...
Vault Strategic Mining (KNXFF ) will undertake a strategic review aimed at optimizing its 2026 exploration season at the Letain Nickel project while concurrently advancing a broader evaluation of its United States assets, the company said on Wednesday. As part of this initiative, the company has engaged Mr. William "Bill" Feyerabend to conduct a strategic review of its recently acquired U.S. histo...
Vault Strategic Mining (KNXFF ) will undertake a strategic review aimed at optimizing its 2026 exploration season at the Letain Nickel project while concurrently advancing a broader evaluation of its United States assets, the company said on Wednesday. As part of this initiative, the company has engaged Mr. William "Bill" Feyerabend to conduct a strategic review of its recently acquired U.S. historical mining assets, with a mandate to assess their technical merits and prioritize targets to inform and refine 2026 exploration planning. " This review will help us prioritize targets, allocate capital efficiently, and position the company for meaningful advancement across our projects," CEO Quinn Field-Dyte said. More on Vault Strategic Mining Corp. Financial information for Vault Strategic Mining Corp.
alexsl/iStock Unreleased via Getty Images On Monday, the WSJ had an interesting report on why OpenAI ( OPENAI ) is pondering focusing more on enterprise. Some excerpts from the piece : “OpenAI’s top executives are finalizing plans for a major strategy shift to refocus the company around coding and business users, recognizing that a “do everything all at once” strategy has put them on the defensive...
alexsl/iStock Unreleased via Getty Images On Monday, the WSJ had an interesting report on why OpenAI ( OPENAI ) is pondering focusing more on enterprise. Some excerpts from the piece : “OpenAI’s top executives are finalizing plans for a major strategy shift to refocus the company around coding and business users, recognizing that a “do everything all at once” strategy has put them on the defensive.“We cannot miss this moment because we are distracted by side quests,” Simo told staff last week, according to remarks reviewed by The Wall Street Journal. “We really have to nail productivity in general and particularly productivity on the business front.”Computing resources often shifted from one team to another at the last minute, and the company’s organizational structure grew complicated, the employees said. For example, OpenAI’s Sora team was housed under the research division, even though it was responsible for launching one of the company’s most high-profile products, they said.” In a compute-constrained environment, it can be more expensive than usual to allocate compute on bets with a high degree of uncertainty around monetization, especially for an AI lab that requires enormous funding from investors to pursue their ambitions. What makes it even more complicated is if a competing AI lab can consistently allocate compute in products/services that drive materially higher revenue and margin than OpenAI can. Right now, AI monetization appears to be much more clear and immediate in enterprise and productivity settings. The rise of agents can make this distinction between enterprise and consumer in monetization even more clear. Consumer markets can move in a glacial fashion due to hardcoded habits, whereas enterprise customers can switch or transform their workflow much faster the moment ROI makes compelling sense. If Anthropic ( ANTHRO ) ends up dominating that market, it is conceivable to imagine that OpenAI’s ability to monetize their compute allocation can increas...
AMD (NasdaqGS:AMD) CEO Lisa Su met with Samsung leadership to discuss expanded cooperation in memory and foundry manufacturing. The talks focused on deepening the relationship beyond existing memory ties to include chip production for future AI hardware. This engagement is tied to AMD's efforts to address AI chip supply and secure key components for upcoming accelerator products. For readers track...
AMD (NasdaqGS:AMD) CEO Lisa Su met with Samsung leadership to discuss expanded cooperation in memory and foundry manufacturing. The talks focused on deepening the relationship beyond existing memory ties to include chip production for future AI hardware. This engagement is tied to AMD's efforts to address AI chip supply and secure key components for upcoming accelerator products. For readers tracking AMD's role in AI hardware, this meeting goes to the heart of how the company sources and produces critical chips. AMD already competes in high performance computing, gaming, and data center GPUs, and AI demand is putting fresh pressure on supply chains. A closer link with Samsung on both memory and foundry work could influence how reliably AMD can deliver AI accelerators to cloud and enterprise customers. The fact that Lisa Su is personally engaging at this level signals that supply resilience is a front line issue for NasdaqGS:AMD. If AMD secures additional manufacturing capacity and memory access through Samsung, investors may view the risk profile around AI product availability and potential launch pacing differently compared with a single source model. Stay updated on the most important news stories for by adding it to your or . Alternatively, explore our to discover new perspectives on Advanced Micro Devices. NasdaqGS:AMD Earnings & Revenue Growth as at Mar 2026 Lisa Su’s outreach to Samsung lines up with a broader shift in how AMD is approaching AI infrastructure. The company has large, multi year GPU deployment agreements with hyperscalers like Meta and OpenAI, plus a rack scale Helios platform planned with Celestica. To serve that pipeline, AMD needs both high bandwidth memory and additional chip manufacturing beyond its current foundry relationships. Direct talks with Samsung on memory and contract chip production point to an attempt to build a more diversified supply base so AI accelerator launches and Helios style systems are less exposed to bottlenecks at an...
The intensifying regulatory crackdown on Hong Kong's financial industry is forcing banks and lawyers to be more cautious about dealmaking, putting its IPO recovery at stake. (Source: Bloomberg)
The intensifying regulatory crackdown on Hong Kong's financial industry is forcing banks and lawyers to be more cautious about dealmaking, putting its IPO recovery at stake. (Source: Bloomberg)