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Japan's Auto Giants Are Losing The EV Race To China
Japan's Auto Giants Are Losing The EV Race To China
Japan’s car industry is being forced into a major reset as Chinese automakers rapidly outpace traditional rivals in electric vehicles, software, and manufacturing speed, according to Nikkei.
The shift is especially visible at Honda Motor. In 2021, CEO Toshihiro Mibe pledged that EVs and fuel-cell vehicles would account for all new Honda sales by 2040. Last week, however, he admitted the plan was “not realistic under the current circumstances,” formally backing away from the target.
Nikkei writes that Honda’s retreat marks a sharp...
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Apr 23, 2026 / Tyler Durden
Intel Shares Soar On Strong AI-Fueled Outlook, Surpassing August 2000 Peak
Intel Shares Soar On Strong AI-Fueled Outlook, Surpassing August 2000 Peak
Chipmaker Intel, which less than a year ago was trading like a distressed company, and required a capital infusion from the US government, and earlier today hit a 90x forward PE...
... soared after hours after giving a strong sales forecast for the current period, signaling that the recently struggling chipmaker is finally beginning to benefit from the giant build-out of artificial intelligence infrastructure. But before we get there, here is a quick look at what the company reported for...
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Sep 10, 2026 / Tyler Durden
Houthis Seize Yemeni Port Of Mocha, Gaining Greater Leverage Over Bab Al Mandab Strait
Houthis Seize Yemeni Port Of Mocha, Gaining Greater Leverage Over Bab Al Mandab Strait
Yemen’s Iran-aligned Houthi militants (Ansar Allah) have scored a major victory against Saudi-backed government forces, after the war was fiercely reinvigorated this month, having seized a historic Red Sea port on Thursday which effectively givens the Houthis even greater leverage over the Bab Al Mandab Strait.
The port of Mocha - also spelled Mokha or Al Makha - once stood at the center of the global coffee trade and is a common household name internationally, but now is...
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May 4, 2026 / Tyler Durden
Trump Renews Call For Israel To Pardon Teflon Bibi, The "Wartime Prime Minister"
Trump Renews Call For Israel To Pardon Teflon Bibi, The "Wartime Prime Minister"
President Trump has renewed US pressure on some Israeli government decision-makers to grant a pardon to Prime Minister Benjamin Netanyahu as he's still battling multiple corruption charges, at a moment he has ordered the armed forces to be engaged in several fronts, including in Lebanon.
Trump told the Israeli outlet Kan News on Sunday, "Tell your president to pardon Bibi. He's a wartime prime minister. They wouldn’t have Israel if it wasn’t for me and Bibi in that order....
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