Volkswagen and Rivian Form Joint Venture, Deepening Alliance
Posted inAutomobiles Blume, Oliver (1968- ) China Computers and the Internet Electric and Hybrid Vehicles Europe Factories and Manufacturing Germany Mergers, Acquisitions and Divestitures Prices (Fares, Fees and Rates) Production Rivian Automotive LLC Software Sports Utility Vehicles and Light Trucks Stocks and Bonds United States Volkswagen AG

Volkswagen and Rivian Form Joint Venture, Deepening Alliance

The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.
Mexico Signals It Could Hit Back With Tariffs at U.S.
Posted inCanada China Customs (Tariff) Europe European Union Illegal Immigration International Relations International Trade and World Market Lopez Obrador, Andres Manuel Mexico Pena Nieto, Enrique Politics and Government Sheinbaum, Claudia Trump, Donald J United States United States Economy United States International Relations

Mexico Signals It Could Hit Back With Tariffs at U.S.

Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.
Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices
Posted inCBRE Group Inc China Economic Conditions and Trends High Net Worth Individuals Hong Kong Interest Rates Luxury Goods and Services Real Estate and Housing (Residential) S&P Global Inc

Hong Kong’s Trophy Homes Are Selling at Fire Sale Prices

China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales.