(Bloomberg) -- Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsWhat Do US Vehicle Regulators Have Against Tiny Cars?For a Master of Brutalist Provocations, a Modest Museum AppraisalCan Microtransit and Regular Buses Live in Harmony?The European Union unleashed one of its most powerful economic tools on China, imposing tariffs on electric vehicles in a move that increases the risk of retaliatory meas
European automaker stocks rallied Friday following the European Union's decision to impose new tariffs on electric vehicles (EVs) manufactured in China. The measures, which could remain in effect for up to five years and reach up to 45%, come after an EU investigation concluded that China unfairly subsidized its automotive industry. Morning Brief co-hosts Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
(Bloomberg) -- BMW AG is unwilling to invest more in Northvolt AB, the cash-strapped battery maker that’s seeking fresh funds to stabilize its finances, according to a person familiar with the matter. Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsWhat Do US Vehicle Regulators Have Against Tiny Cars?For a Master of Brutalist Provocations, a Modest Museum AppraisalCan Microtransit and Regular Buses