The temporary relaxation of a safeguard mechanism has ushered in a flood of cheap imports, forcing local manufacturers to idle some capacity, said Waaree Energies Ltd. chairman Hitesh Doshi.

The authorization allows the companies to continue using their China-based chipmaking operations without having to apply for licenses with the U.S. to receive new equipment.

The clause, which aims to create more collaboration between charterers and shipowners to cut carbon emissions, was adopted by BIMCO’s Documentary Committee October 11.

Shizen Energy Inc. signed a 20-year agreement with Microsoft to provide 25 megawatts of solar power capacity from a project in the Aichi prefecture.

Xpeng shares were up by roughly 2% on October 11 in pre-market trading after the stock fell by more than 10% on October 10.

The Green Party, which is a part of the Stockholm City Council’s ruling coalition, said the initiative will lead to an increase in the adoption of electric vehicles.

A previous court decision to support a legal challenge by a group of executives to proposed hikes in salaries for other workers was overturned October 10.

The walkout came after Unifor said that GM was “stubbornly refusing” to match the three-year deal the labor union had previously reached with Ford Motor.

The EU launched an anti-subsidies probe into Chinese EV manufacturers, setting in motion a 12-month investigation that could see provisional duties and tariffs imposed over the next nine months.

IPEF partners will work towards negotiating the outcomes of Pillars I (Trade), III (Clean Economy) and IV (Fair Economy) of the trade framework.