struggle

Live stock market news updates: Stocks struggle to rebound as selling pressure continues

Live stock market news updates: Stocks struggle to rebound as selling pressure continues

U.S. stocks edged lower in choppy trade on Wednesday, extending a downtrend that began the week as investors weigh higher interest rates and the prospect of an economic slowdown against optimism around the relaxation of COVID protocols in China. The S&P 500 (^GSPC) fell 0.3%, while the Dow Jones Industrial Average (^DJI) fell about 50 …

Live stock market news updates: Stocks struggle to rebound as selling pressure continues Read More »

Italy's EV struggle in 2022 traced to Q3 - Plugins at 8.7% market share

Italy’s EV struggle in 2022 traced to Q3 – Plugins at 8.7% market share

2022 has not been a pleasant journey for plug-in vehicles in Italy. After years of exponential growth, the spark for the electric vehicle revolution appears to have cooled in one of arguably the largest automotive markets – by volume and automotive history – in Europe and globally. Official statistics for the first three quarters of …

Italy’s EV struggle in 2022 traced to Q3 – Plugins at 8.7% market share Read More »

Sober or bright?  Europe facing holidays during the energy crisis

Sober or bright? Europe facing holidays during the energy crisis

VERONA, Italy (AP) — Early-season revelers sipping mulled wine and shopping for holiday decorations packed the Verona Christmas Market for its inaugural weekend. But beyond the wooden market stalls, the Italian city has yet to decorate its granite-clad pedestrian streets with twinkling Christmas lights as officials debate the brightness of the season during an energy …

Sober or bright? Europe facing holidays during the energy crisis Read More »

Chinese chip makers struggle to take advantage of U.S. export controls at home

Chinese chip makers struggle to take advantage of U.S. export controls at home

As U.S. export controls bite, Chinese makers of equipment needed to make semiconductors stand to benefit from a rush of domestic orders, though executives and analysts warn that boost could be short duration. Since Washington introduced sweeping restrictions on Oct. 7 to limit the ability of Chinese companies to obtain or manufacture advanced computer chips, …

Chinese chip makers struggle to take advantage of U.S. export controls at home Read More »