China’s Xiaomi Enters Car Market With New Electric Vehicle

A basic SU7 model will cost 215,900 yuan ($29,868), Xiomi CEO said Beijing, China: Chinese consumer tech giant Xiaomi launched its first electric vehicle in Beijing on Thursday, injecting itself into a fiercely competitive sector in the world’s largest car market. China’s EV sector has grown rapidly in recent years …

Read more

Bleak Tory mood enlivens talk of summer election and confidence vote

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. I was wrong: …

Read more

Deutsche adds Target to Fresh Money List, sees ‘at least 20% upside’

Deutsche Bank analysts added Target (TGT) to the Fresh Money List, their quarterly selection of top investment ideas expected to perform well over the next 12 months. “With a conservative 2024 outlook that leaves room for positive earnings revisions, traffic improvements underway, and an expanding value assortment, we see TGT’s …

Read more

US fourth-quarter GDP growth revised up to 3.4%

FTX: Sam Bankman-Fried, founder of cryptocurrency exchange FTX, is scheduled to be sentenced at a Manhattan federal court. He was convicted of fraud and money laundering late last year. US prosecutors told a judge earlier this month that he should be sent to prison for up to 50 years.  Walgreens …

Read more

2024 Subaru Impreza AWD 2.0S review

I would have completely understood if Subaru Australia had decided not to bring the new-generation Subaru Impreza to market. The small car segment is shrinking, and many other brands have pulled out or raised prices to the point where the alternative compact SUV in their range makes more sense. That …

Read more

web web web web web web web web web web web web web web web web web web web web web web web web web web web web web web web