Beijing drops electric vehicles from its 2026–2030 strategic plan, marking a shift toward market-driven competition after years of state support that fuelled massive growth and oversupply.
The post China signals end to EV subsidies as policymakers declare industry mature appeared first on Profit by Pakistan Today.
Stronger Nordic growth offsets Asian headwinds as the telecom group posts weaker-than-expected third-quarter results and trims outlook amid higher network expenses.
The post Telenor misses earnings forecasts, takes $49.8 million hit on rising 5G costs in Malaysia appeared first on Profit by Pakistan Today.
Tougher Western restrictions on Russian and Iranian crude disrupt logistics and dampen demand among China’s independent refiners already constrained by quota shortages.
The post Iranian oil discounts to China widen as sanctions tighten and refiners run low on import quotas appeared first on Profit by Pakistan Today.