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After making waves with cheap EVs, Chinese carmakers are targeting the luxury segment in Europe.

Zum 60. Mal wählen die USA am 5. November einen neuen Präsidenten bzw. erstmals eine neue Präsidentin. Wieso zählt dabei nicht jede Stimme gleich viel? Warum ist es schwierig, den Ausgang der Wahl zu prognostizieren? Und was haben die inoffiziellen Maskottchen der Parteien eigentlich mit dem Weihnachtsmann gemeinsam? Ein Streifzug durch die Daten des rot-blauen Rennens ins weiße Haus.

Catch up: LDP’s disastrous Japanese election; Trump’s crude New York rally

Catch up: LDP’s disastrous Japanese election; Trump’s crude New York rally

Earnings season is upon us, with BP Plc kicking off third-quarter results for the oil supermajors on Tuesday. Meanwhile, earnings reports from gold producers are rolling in. In agriculture, prices for the world’s most widely used vegetable oil are soaring, reigniting concerns about food inflation.

For the first time since the great financial crisis, buyers of top-rated commercial mortgage-backed securities are suffering losses.

Oil plunged at the start of the week after Israeli strikes against targets in Iran avoided the OPEC member’s crude facilities, raising the prospect that hostilities in the region may ease.

Nach den israelischen Raketenangriffen hat der Iran sein „Recht und die Pflicht zur Selbstverteidigung“ unterstrichen, jedoch auf eine Drohung mit unmittelbarer Vergeltung verzichtet. Der oberste geistliche Führer des Iran, Ajatollah Ali Chamenei, erklärte am Sonntag, die Angriffe aus Israel dürften „weder überbewertet noch verharmlost werden“. In Katar sollten am Sonntag die Verhandlungen über eine Waffenruhe für den Gazastreifen wieder aufgenommen werden.

Georgiens Präsidentin Salome Surabischwili hat am Sonntag die Parlamentswahl in ihrem Land als durchgehend gefälscht bezeichnet. Sie erkenne das Ergebnis nicht an, sagte sie in der Hauptstadt Tiflis und rief für Montag zu Protesten auf. Bei der Wahl in der Südkaukasusrepublik wurde die Regierungspartei Georgischer Traum offiziell zur Siegerin erklärt.

Bei der Parlamentswahl in Bulgarien hat sich am Sonntagabend ein Sieg für das von Ex-Premier Bojko Borissow angeführte Mitte-rechts-Bündnis GERB-SDS abgezeichnet. Ob sich diesmal eine stabile Regierungsmehrheit ausgeht, bleibt auch nach der siebenten Wahl in weniger als vier Jahren ein weiteres Mal fraglich.

The US heavily taxed imports for much of its history before largely abandoning the policy, beginning in the 1930s, as government leaders embraced the idea of free trade. High tariffs made a comeback during the presidency of Donald Trump, who adopted them in an effort to revitalize American manufacturing and to counter what the US regards as China’s unfair trade practices. Trump’s successor Joe Biden kept the trend going.

Economists nudged up quarterly US economic growth projections through early next year on more sanguine views of consumer demand and maintained views that limited inflation will keep the Federal Reserve on a path toward lower borrowing costs.

Sentiment among US consumers increased in October to a six-month high as households grew more upbeat about buying conditions, partly because of cheaper financing costs.

The European Central Bank shouldn’t hurry to lower interest rates or spend too long right now contemplating how far and how quickly they should fall, according to Governing Council member Bostjan Vasle.

The Bank of Russia hiked its key interest rate to a record high, surpassing the level it imposed after President Vladimir Putin ordered the invasion of Ukraine, and signaled future tightening was possible as policymakers grapple with persistent inflation.

Mercedes-Benz Group AG plans to step up cost reductions after fierce competition and weaker demand in China hit the luxury-car maker’s profits.

Rene Haas, the chief executive officer of Arm Holdings, says AI’s impact will be ‘quite, quite dramatic’ and there’s no holding back smart cars.

The European Union said it still sees “significant remaining gaps” with Beijing after eight rounds of negotiations aimed at avoiding tariffs on Chinese-made electric vehicles that are due to kick in by the end of this month.

Germany’s business outlook improved in October — adding to evidence that the country’s economic downturn may be ending.

The US election next month will be a clash of visions that reverberates through the global economy for years to come.

China’s central bank kept its one-year policy rate unchanged, after slashing funding costs by the most on record a month ago, suggesting authorities are cautiously pacing monetary stimulus to support the economy.

President Xi Jinping’s boldest economic stimulus since the pandemic failed to impress global luminaries gathered in Washington this week, who called for more measures to rebalance China’s growth and greater clarity over Beijing’s policy plans.

Catch up: Gaza ceasefire talks to resume; Guterres meets Putin

Catch up: Gaza ceasefire talks to resume; Guterres meets Putin

Switzerland’s efforts to forge closer links with the European Union are going to prove a hard sell with voters, according to a new poll showing that about half are skeptical about the bloc.

President Vladimir Putin said military relations with North Korea are “our business” as he avoided answering whether Pyongyang had sent troops to Russia.

The European Central Bank mustn’t keep interest rates too high for too long, according to Governing Council member Martins Kazaks, who said weakness in the euro-zone economy is now his “single biggest concern.”

The European Central Bank shouldn’t hurry too much to lower borrowing costs but remain flexible, according to Governing Council member Joachim Nagel.