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Chinese auto parts maker says products involved in Tesla recall

Bloomberg Ningbo Tuopu Group Co said it was the supplier of parts that prompted recent recalls of Tesla Inc Model Y cars in China and the US. Some front- and rear-suspension knuckles weren’t completely immersed in a liquid during the heating process, the Chinese auto-parts maker said in an exchange filing . The potential of any knuckle being defective might ...

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SoftBank slumps 9% in Tokyo after week of bad portfolio news

Bloomberg SoftBank Group Corp extended a six-day slump with another drop of as much as 9% in Tokyo as key companies in its portfolio delivered further bad news. Chinese ride-hailing giant Didi Global Inc began preparations to withdraw from US stock exchanges, shortly after the US Federal Trade Commission sued to block SoftBank’s sale of Arm Ltd to Nvidia Corp ...

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China starts new renewable energy build

Bloomberg China is starting the second round of projects in its massive desert renewable build-out just months after President Xi Jinping unveiled the scheme. The National Energy Administration (NEA) has asked provinces to submit a list of the second batch of projects by December 15, according to a report from China Wind Power News, citing an NEA notice. Each individual ...

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