Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers over long payment times as well as regulatory pressure as the backlash to a punishing price war grows.

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and consumers. That could lead to businesses to cut jobs, particularly in the high-growth tech sector, and force Americans to pull back on spending, which drives more than 70% of economic activity in the U.S.

NIO navigates BYD-led price wars, improves margins, and projects 25%-30% YoY delivery growth. See why we recommend a buy on NIO stock here.

Inflation broadly held steady in May — and by some measures cooled unexpectedly — as price growth data showed few signs of President Donald Trump’s tariffs hitting the consumer economy

BYD (BYDDY) reportedly plans to spend up to $20 billion expanding its presence in Europe over the coming years, a senior executive said, even as the company navigates intense price competition in its home market of China.

Bank of America: Saudi Arabia is preparing for a prolonged oil price war to regain market share. U.S. shale is more vulnerable than in past price wars, needing $65+ WTI to stay profitable amid rising costs and geological limits.

Key petroleum product marketers have engaged foreign suppliers to import petrol and sell at about N700 per litre, below the Dangote Refinery rate.

CEO Brian Niccol has Starbucks trying to pick up market share in China with sharp discounts on products it sells there.