Markets
Toyota recalls 2.4 million hybrid cars over stall fault
The recall applies to 1.25 million vehicles in Japan, 807,000 in the United States, 290,000 in Europe and 3,000 in China, with the rest across the globe. The company had received three reports in Japan related to the issue as of the end of September, but wasn't aware of any crashes in the country, Jault said. [Full Article...]
Aston Martin shares start trading at $24, value company at $5.6B
Under current figures, it could soon be heading towards the FTSE 100 , the LSE's share index of the 100 biggest companies trading. Nevertheless, the 105-year-old company - based in Gaydon in central England - has a troubled history and has declared itself bankrupt multiple times in the past. [Full Article...]
US Asks Google To Shun China Search Engine Project
He warned Beijing that the USA "will not be intimidated" and "will not stand down". "The Chinese Communist Party is turning plowshares into swords on a massive scale", Pence said in a speech at the Hudson Institute in Washington , D.C. [Full Article...]
Trump Aims to Model New Trade Deals on Revised Nafta
Canada and the USA have agreed a basis for the revised North American Free Trade Agreement (NAFTA), reaching a compromise in late-night talks on Sunday after months of stand-off. While much of the new USMCA trade deal is focused on exchanging consumable goods such as dairy and meat products, the automotive sector saw many changes. [Full Article...]
Devolver Announce The First Marijuana Tycoon Game, Weedcraft Inc
Weedcraft is the work of Polish studio Vile Monarch (who previously developed Oh Sir: The Insult Simulator and barbarian RTS Crush Your Friends), and is pitched as an exploration of "the financial, political and cultural aspects of the country's complex relationship with this troublesome and promising plant". [Full Article...]
Fuel duty to be frozen for a ninth year in a row
Phillip Hammond previously hinted that fuel duty might rise in the October Budget to part-fund the NHS. The chancellor, Philip Hammond , took the unusual step of pointing out the cost of the policy when it was announced on Wednesday. They are the people this party exists for. The move was criticised by environmental campaigners. Claire Haigh, Chief Executive of campaign group Greener Journe... [Full Article...]
Prime Minister pledges compensation for dairy farmers hit by USMCA deal
Still, Trump will be able to crow victory. "It's largely political, a reflection of the fact that the large battle the U.S.is engaged in is with China". The deal will be signed in November and will be submitted to Congress for approval at the beginning of 2019. But NAFTA encouraged factories to move to Mexico to take advantage of low-wage labour. [Full Article...]
U.S. vice president says China interfering in American politics
Pence was to address the issue, saying that the USA intelligence community has determined that China is targeting U.S. state and local governments and officials to exploit any divisions between federal and local levels on policy. Pence also accused China of "reckless harassment" because of an incident on Sunday in which a US destroyer, the Decatur , traveled within 12 nautical miles of Gaven and ... [Full Article...]