BEIJING, November 18, 2025 – China’s youth unemployment rate for individuals aged 16 to 24, excluding college students, declined slightly to 17.3% in October, down from 17.7% in September, according to data released by the National Bureau of Statistics (NBS). The modest decrease reflects a gradual improvement in employment conditions for young people in China,

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Xiaomi Reports 22% Surge in Q3 Revenue as EV Push Gains Momentum BEIJING, November 18, 2025 – Xiaomi Corp (1810.HK), one of the world’s leading smartphone manufacturers, reported a 22.3% year-on-year increase in third-quarter revenue, driven by its strategic expansion into electric vehicles (EVs) and continued growth in its smartphone and consumer electronics divisions. For

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November 18, 2025 – In a landmark move set to reshape the global paint and coatings industry, AkzoNobel (AKZO.AS), maker of the iconic Dulux brand, announced plans to merge with Axalta Coating Systems (AXTA.N) in a transaction valued at approximately $25 billion. This strategic merger is poised to create one of the world’s largest and

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Seoul, Nov 16, 2025 – Hyundai Motor Group announced it will invest 125.2 trillion won ($86.47 billion) in South Korea from 2026 to 2030, following a new trade agreement between Seoul and Washington that reduces U.S. tariffs on South Korean autos from 25% to 15%. This investment represents a significant increase compared to the 89.1

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Detroit, Nov 17, 2025 – Ford Motor Co (F.N) will allow customers to browse and buy used Ford vehicles on Amazon (AMZN.O) starting Monday, joining Hyundai in offering online options for buyers seeking to avoid dealership visits. Online Certified Pre-Owned Program The program initially targets Los Angeles, Seattle, and Dallas, offering only certified pre-owned vehicles—used

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California, Nov 17, 2025 – Tesla (TSLA.O) scored a legal victory after a California judge ruled that more than 6,000 Black workers at its Fremont assembly plant cannot pursue a class-action lawsuit over alleged racial harassment, reversing an earlier decision. Judge Cites Inability to Generalize Worker Experiences California Superior Court Judge Peter Borkon said the

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Shanghai, Nov 17, 2025 – Chinese electric vehicle (EV) maker XPeng (9868.HK) projected fourth-quarter revenue below market expectations, citing fierce competition and a prolonged price war in China, the world’s largest auto market. The announcement sent XPeng’s U.S.-listed shares down nearly 8% in early trading, despite the stock having more than doubled in value earlier

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Montevideo/Lima/Chancay, Nov 17, 2025 – Electric vehicle (EV) sales are accelerating across South America, driven primarily by Chinese automakers rather than Tesla (TSLA.O), which still lacks official showrooms or import channels in most countries. Peruvian entrepreneur Luis Zwiebach experienced the difficulty firsthand in 2019 when he flew 4,000 miles to California to test-drive a Tesla

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Tokyo, November 18, 2025 – Honda Motor Co Ltd (7267.T) announced plans to gradually resume normal operations at its North American vehicle assembly plants starting Monday, signaling that production disruptions caused by a shortage of Nexperia chips are easing. The automaker, Japan’s second-largest, had temporarily halted output at its Mexico plant on October 28 and

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