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The Society of Motor Manufacturers and Traders (SMMT) is calling on the European Union to recognize UK-made vehicles, parts and materials as equivalent to EU products in order to protect competition, consumer choice and supply chains.

2026-09-22

The Society of Motor Manufacturers and Traders (SMMT) is calling on the European Union to recognize UK-made vehicles, parts and materials as equivalent to EU products in order to protect competition, consumer choice and supply chains.

Other News
2026-09-22

Goldman Sachs said it is positive on Huahong Hongli (01347.HK), forecasting QoQ revenue growth of 11% in 3Q2026 and 15% in 4Q2026 versus 9% in 2Q2026, driven by Chinese AI spending and customers’ domestic-first procurement to secure supply. The bank

Goldman Sachs said it is positive on Huahong Hongli (01347.HK), forecasting QoQ revenue growth of 11% in 3Q2026 and 15% in 4Q2026 versus 9% in 2Q2026, driven by Chinese AI spending and customers’ domestic-first procurement to secure supply. The bank said Huahong is expanding capacity with utilization remaining high amid strong demand and technology-node migration; generative AI is the main demand driver, lifting embedded flash, NOR flash and power-management IC demand. Huahong completed a September acquisition of a 97.5% stake in Huali Microelectronics; Huali has since become a wholly owned subsidiary and will be consolidated, which Goldman says broadens Huahong’s 12-inch manufacturing platform and supports long-term capacity and node expansion. Goldman expects strong demand to underpin utilization, ASPs and gross margins, notes Fab9A capacity will rise by about 40% by end-3Q2026 with full load targeted in 1H2027, and reiterates Buy with a 12-month PT of HK$335.
2026-09-21

The market's attention has been almost entirely focused on the Middle East for the past few months, but while everyone is watching the Middle East, another energy sector is becoming increasingly difficult to ignore! The successive shutdowns of four R

The market's attention has been almost entirely focused on the Middle East for the past few months, but while everyone is watching the Middle East, another energy sector is becoming increasingly difficult to ignore! The successive shutdowns of four Russian refineries raise the question of how this will affect diesel prices.
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