In the global car market, China is eating everyone’s lunch — except at home

MarketWatch Wednesday 01 July 2026, 12:32 UTC By Jules Rimmer 1 min read

Key Points

Bank of America report highlights the drag on global automobile sales caused by chronically weak China demand.

China (LOCATION) Bank of America (ORG)

Originally published by MarketWatch Read original →

Mississippians haven’t elected a Democrat to the Senate in nearly four decades, but powerful backers of the Magnolia State’s underdog candidate believe that by dumping money into the race they can overcome the hump. Scott Colom, a district attorney, is squaring off against incumbent Sen. Cindy Hyde-Smith, R-Miss., in deep-red Mississippi, and some of his top backers, including billionaire philanthropist George Soros’ top advisor, believe that he is primed to flip the seat. During a call...

Fox News 19m ago

Ukraine hits Russia's Ufa oil refinery for second time in a week, Zelenskyy says

Ukraine’s domestically developed and manufactured drones and missiles have been hammering Russian oil facilities, including refineries, terminals, storage depots and pipeline pumping stations, for months. Ukrainian forces struck Russia's major Ufa oil refinery for the second time in a week, President Volodymyr Zelenskyy said on Wednesday. The Ufa refinery is one of Russia’s largest producers of lubricants and is located more than 1,000 kilometres from Ukraine, Zelenskyy said in a post on X....

Euronews 21m ago

Reliance Jio’s IPO set to intensify focus on India’s telco sector amid duopoly fears

Indian telecom giant Reliance Jio’s plan to launch one of the country’s largest public share offerings in recent years is expected to shake up the domestic market and spur digital companies to raise funds amid a lull in the Iran war and global trade tensions. Earlier this month, the company filed its initial public offering plan with the Securities and Exchange Board of India to raise US$3.8 billion to US$4 billion, potentially surpassing Hyundai Motor India’s record US$3.3 billion IPO in...

South China Morning Post 23m ago

No, this video doesn’t show Muslims enslaving Christian Africans

No, this video doesn’t show Muslims enslaving Christian Africans A viral video showing handcuffed men walking in single file is being shared by Islamophobic accounts claiming it depicts Muslims enslaving Christian Africans. However, the video has been taken out of context. A video showing a long line of shirtless men, their hands tied behind their backs, walking down a muddy road under the watch of armed men, has gone viral online.

France 24 25m ago

In the global car market, China is eating everyone’s lunch — except at home

Related Stories

Soros network targets deep-red Mississippi in bid to flip Senate seat

Ukraine hits Russia's Ufa oil refinery for second time in a week, Zelenskyy says

Reliance Jio’s IPO set to intensify focus on India’s telco sector amid duopoly fears

No, this video doesn’t show Muslims enslaving Christian Africans