Chinese Tesla rival shares dive 11% after it forecasts a plunge in car deliveries

Xpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups.
International: Top News And Analysis

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Tagged after, Chinese, deliveries, dive, Forecasts, plunge, rival, shares, Tesla

Meta has started its latest round of layoffs, focusing on business groups

Bill Lee, Bassist and Composer of Son Spike Lee’s Films, Dies at 94

Delivery Hero CEO happy to keep Asia unit Foodpanda ‘forever’ after stock plunged on sale outlook

Delivery Hero CEO Niklas Ostberg says he is happy to hold onto Delivery Hero’s Foodpanda unit “forever,” suggesting he’s not in a rush to sell. International: Top News And Analysis

Record high cases, more rules and partial lockdowns: A new Covid wave engulfs Europe

The latest wave of Covid cases is hitting Europe with a vengeance. International: Top News And Analysis

‘The Fed is breaking things’ – Here’s what has Wall Street on edge as risks rise around the world

The Fed’s efforts to tame inflation are rippling around the world, with potentially unforeseen consequences for investors. International: Top News And Analysis

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