Discussions are part of US group’s review of strategy in Europe where it has struggled with EV transition and high costs
Billionaire Prajogo Pangestu has lost more than a quarter of his net worth since the start of the year amid market turmoil
Lawmakers Kevin Cramer and Mark Warner to introduce legislation to fund US Export-Import Bank
Also in this newsletter: EU citizens worry about war and poverty
Unencrypted European communications are being targeted by Moscow
Trade tensions between Beijing and Washington drive ‘influx’ of funding, says Adamas Intelligence
Chinese AI pioneer talks about the competition between the technology’s two superpowers and why companies need to be more proactive in adopting it
Turkish president’s push to end four-decade Kurdish conflict hinges on dapper, mercurial coalition ally Devlet Bahçeli
The consolidation of Elon Musk’s empire points towards a focus on AI and robotics
The state department has pushed for close scrutiny before approving export licences
Analysts deeply sceptical of US president’s claim that Narendra Modi has promised to stop buying crude from Russia
Lawyers say Financial Conduct Authority has reinforced its ability to hold companies to account
Investors are jittery about the government’s fiscal and political record
Also in today’s newsletter, diplomats say US-Iran talks expected in coming days
Oil-rich Saudi Arabia is now one of the world’s top deployers of grid-scale energy storage
Regulator found manufacturer could have received grants and preferential tax treatment that undermine European industry
Stocks also rise in first trading session as US pledges to lower country’s tariffs to 18% following oil agreement
Moscow resumes bombing Kyiv and other cities after five-day pause
Common feature in electric vehicles has raised safety concerns
Once a regional tiger economy with double-digit growth, its pivotal drivers of consumption, manufacturing and tourism are in decline
Also in this newsletter: US litigation against Adani, and Uday Shankar’s mantra
Levies will drop from 50% to 18% as US president claims New Delhi will buy more than $500bn of American goods
President’s power play bodes badly whether it is a sign of strength or weakness
As the US redeploys its navy and alienates allies, Beijing is filling the void
US Export-Import Bank will provide $10bn in debt financing for effort named Project Vault
