China’s EV architect suggests investing in Europe is a way forward

Important Details

China’s Ministry of Commerce claimed over the weekend it was launching consultations with the EU about the bloc’s probe into the part of subsidies in Chinese electric powered cars and trucks.
“I imagine the governments [of China and the EU] are now contemplating how as a result of negotiations they can merge financial commitment together with commodity trade,” reported Wan Gang, now president of the China Affiliation for Science and Technological know-how.
Wan turned China’s minister of Science and Technology close to 2007 and is known for spearheading the country’s early drive into electric powered automobiles.

Supply

Finance

Stocks making the biggest moves midday: Zillow, KLA, iRobot, Immunome & more

December 15, 2025

Check out the companies making the biggest moves midday: KLA Corp. — The semiconductor equipment maker jumped 4%, nearing a 52-week high, after Jefferies raised its 12-month price target to $1,500 from $1,200, saying “AI continues to drive spend with [wafer fab equipment] accelerating into C26/C27,” and citing KLA’s “outsized exposure to the Leading Edge.” […]

Finance

Hassett’s Fed chair candidacy received pushback from high-level people close to Trump, sources say

December 15, 2025

watch now VIDEO5:4705:47 The race for the next Fed chair: Here’s the latest Squawk Box Kevin Hassett’s candidacy for the Federal Reserve chair, once seen by the market as almost a sure thing, has received some pushback by high-level people who have the ear of President Donald Trump, according to sources familiar with the matter. […]

Finance

Stocks making the biggest moves premarket: iRobot, Las Vegas Sands, Tilray & more

December 15, 2025

Check out the companies making headlines before the bell. Tilray — The cannabis stock jumped about 3%, building on last week’s rally sparked by news that President Donald Trump would instruct federal agencies to give the drug a less-stringent Schedule III classification from its current Schedule I designation. Dollar General — Shares rose 3% after […]