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A U.S. official said the U.S. Treasury is revoking a general license that previously authorized sales of Iranian oil.

2026-07-08

A U.S. official said the U.S. Treasury is revoking a general license that previously authorized sales of Iranian oil.

Other News
2026-07-07

Bank of England Governor Bailey said excluding government bonds from the leverage ratio would be inconsistent with Basel rules.

Bank of England Governor Bailey said excluding government bonds from the leverage ratio would be inconsistent with Basel rules.
2026-07-07

1. Cui Dongshu: 22 car models saw price reductions in May 2026, and 7 models saw price reductions in June, representing a large-scale price cut compared to March-June of last year. 2. China Association of Automobile Manufacturers (CAAM): 38,000 impo

1. Cui Dongshu: 22 car models saw price reductions in May 2026, and 7 models saw price reductions in June, representing a large-scale price cut compared to March-June of last year. 2. China Association of Automobile Manufacturers (CAAM): 38,000 imported vehicles were sold in May this year, a year-on-year decrease of 18.6%. 3. "Qianjiyuan" carbon-14 nuclear battery released, marking another breakthrough for domestically produced nuclear batteries. 4. China's lithium battery production capacity in July was approximately 283 GWh, a month-on-month increase of 5.6%. 5. LG New Energy expects its second-quarter operating profit to decline by 77% due to weak demand for electric vehicles. 6. CATL released the Tianxing II light commercial supercharging version commercial power battery. 7. Toyota will move pickup truck production from its Mexican plant to Texas. 8. BYD Semiconductor's BMSAFE chip, the first domestically mass-produced vehicle to be installed, shipped over 100 million units. 9. CATL releases Tianxing II light commercial superchargeable battery, the only one in the logistics industry with a peak supercharging capacity of 8C. 10. Reports indicate Porsche is considering laying off another 4,000 employees in Germany. 11. Following General Motors, Micron has reached another strategic customer agreement with Ford for automotive memory chips.
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