Nio states it will not be a part of the ‘price war’ and slash selling prices like Tesla

Critical Details

Chinese electric powered vehicle organization Nio will hold its rates higher alternatively than chopping them, CEO William Li told CNBC in an job interview.
Elon Musk’s automobile business has this yr slashed prices in the U.S. and China.

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Finance

Bill Ackman says he built Microsoft position in first quarter

May 15, 2026

Key Points “In our 13F which we will file later today, we will disclose a new position in Microsoft, a company we have followed for many years now offered at a highly compelling valuation.” While Ackman didn’t note the size of his stake in the tech giant, he called it a “core holding.” Source

Finance

Trump-Xi summit: the 3 big takeaways from historic meeting in Beijing

May 15, 2026

Key Points U.S. President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday and Friday. The trip has gone a long way toward strengthening a fragile trade truce reached in October. However, the two sides have yet to announce many specific agreements. Source

Finance

Trump wraps up two-day China trip; invites Xi for a September visit

May 15, 2026

U.S. President Donald Trump and Chinese President Xi Jinping meet on the sidelines of a visit to Zhongnanhai Garden on May 15, 2026 in Beijing, China. China Pool | Getty Images News | Getty Images BEIJING — U.S. President Donald Trump has invited Chinese President Xi Jinping to visit the White House on September 24, […]