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Audi CEO sees better odds of building in US as VW electrifies

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Bloomberg The odds Audi decides to start building vehicles in the US are rising as parent Volkswagen AG electrifies its lineup, the luxury-car maker’s chief executive officer said. The VW group’s strategy to bring down the cost of electric vehicles involves developing common platforms to underpin models across its many brands to conserve costs. The first, dubbed MEB, is the ...

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Stock market risks pile up after record-setting earnings season

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Bloomberg Delta cases. Inflation. Fed tapering. China’s crackdown. These are among the reasons why investors could soon get more nervous about this stock market. The S&P 500 hit another record after Jerome Powell’s dovish taper speech reassured investors. However, the mood seems more cautious compared with a few weeks ago, when companies were in the middle of a record-setting earnings ...

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Chinese tech’s brief revival is showing signs of fatigue

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Bloomberg Chinese tech stocks’ best weekly rally since January may not be enough to persuade some investors to return to a market still reeling from an unprecedented private-industry assault. JPMorgan Asset Management is waiting for clearer policy signals, while Amundi believes Beijing’s new focus on data protection means uncertainty will remain high for internet companies. Martin Currie Investment Management, which ...

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