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Italy rethinks its close China relations

BLOOMBERG Prime Minister Giorgia Meloni is getting dragged into the escalating tensions between Washington and Beijing as she tries to disentangle Italy from its close relationship with China. Meloni, the right-wing leader who came to power less than a year ago, is leaning towards pulling out of an agreement to join China’s controversial Belt and Road Initiative, which has funded ...

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Greece’s PM confirms general vote on May 21

BLOOMBERG Greek PM Kyriakos Mitsotakis confirmed a general vote on May 21, completing the formal process to call for an election that will take place in the aftermath of a deadly train crash which has shaken the country. The country is today very close to recovering its investment grade, a development that will mean lower borrowing costs for the state, ...

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BYD’s EV hatchback at $11,450 set to reshape China’s first-car market

BLOOMBERG A new electric hatchback starting from just 78,800 yuan ($11,450) from BYD Co is set to intensify competition in China’s already crowded entry-level car market. Unveiled at the Shanghai auto show, the Seagull drew big crowds with its neon yellow exterior and budget price tag. The 55kW motor provides around 190 miles (300 kilometres) of charge at a top ...

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