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Tesla's EU sales plunge as Musk takes flak
Tesla's EU sales plunge as Musk takes flak
Business and Economy
by  AFP

Tesla electric car sales in Europe plunged in the first three months of the year, industry data showed Thursday, in a fresh blow to its boss Elon Musk who has been criticised for his work in US President Donald Trump's administration. Musk promptly announced he would scale back his work for the Trump administration in May to focus on Tesla.

Asian markets mostly up as Trump soothes Fed fears
Asian markets mostly up as Trump soothes Fed fears
Business and Economy
by  AFP

Asian markets were mixed on Thursday after President Donald Trump said he had "no intention" of firing the US central bank head and made conciliatory comments on his trade war with China. "But the fact that the rally was sparked largely by conciliatory remarks from US President Trump -- whose rhetoric is notoriously volatile -- raises questions about its durability," de Barochez said.

Bessent says 'no currency targets' in Japan tariff talks
Bessent says 'no currency targets' in Japan tariff talks
Business and Economy
by  AFP

US Treasury Secretary Scott Bessent said Wednesday that Washington has "no currency targets" in its talks with Japan on tariffs, after repeated calls from President Donald Trump for a stronger yen. Bessent said Washington is looking at "tariffs, non-tariff trade barriers, currency manipulation and government subsidy of labor and fixed capital investment" in the negotiations with Japan.