JAKARTA: Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry.

BRUSSELS/LONDON: EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels’ challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation.

BEIJING: China’s President Xi Jinping said he supports Kazakhstan joining the BRICS bloc, Chinese state media reported on Wednesday, as the group of developing nations mulls further expansion to rival a Western-dominated world order it sees as outdated.

BRUSSELS, Belgium: Eurozone inflation cooled in June, official data showed Tuesday but experts say it will not be enough to convince the European Central Bank to accelerate its rate-cutting cycle despite sluggish economic growth.

HONG KONG: The dollar rose Tuesday and Asia equities were mixed as investors weighed the possibility of another Donald Trump presidency after last week’s poor debate performance by incumbent Joe Biden.

KUWAIT: Careem Rides, the region’s choice for facilitating reliable, convenient and stress-free everyday commutes through the Careem Everything app, is excited to announce the official launch of the new “Luxe” car service in Kuwait.

WASHINGTON: Hindenburg Research has denied allegations by India’s securities regulator that it colluded with a US asset manager to use non-public information to set up a short bet against Adani Group last year, which if proven would breach the country’s rules.

SINTRA, Portugal: The European Central Bank needs more time to conclude that inflation is firmly on a path to 2 percent and benign economic developments indicate that rate cuts are not urgent, ECB President Christine Lagarde said on Monday.

BERLIN: For months, Philip Matthias tried to convince his father to install solar panels on their company’s roof in the eastern German state of Thuringia, aiming to cut electricity costs and carbon emissions at the metal products factory.