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Shares of European spirits makers jump as China drops provisional brandy measures

UPDATE 2-Shares of European spirits makers jump as China drops provisional brandy measures Adds analyst comments, updates share moves By Alessandro Parodi and Ozan Ergenay Aug 29 (Reuters) - Shares in French spirits makers Remy Cointreau RCOP.PA and Pernod Ricard PERP.PA rallied on Thursday after China's commerce ministry said it will not immediately impose provisional anti-dumping measures on brandy imported from the European Union.
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Accelleron, BHP, Kingfisher

EUROPE RESEARCH ROUNDUP-Accelleron, BHP, Kingfisher Aug 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Accelleron, BHP and Kingfisher, on Wednesday. HIGHLIGHTS * Accelleron ACLN.S : Deutsche Bank raises target price to CHF 42 from CHF 34 * BHP Group BHPB.L : JP Morgan cuts target price to 2,580p from 2,650p * Kingfisher KGF.L : Citigroup cuts to neutral from buy * Vonovia SE VNAn.DE : Citigroup raises target price to EUR 52.80 f
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German autos - pop goes the diesel

LIVE MARKETS-German autos - pop goes the diesel STOXX 600 up 0.2% Positive Ryanair update lifts airlines Miners jump Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com GERMAN AUTOS - POP GOES THE DIESEL Germany's car giants are grappling with weak demand and increased competition from lower-cost rivals in China, and with an escalating trade tit-for-tat, sentim
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Toyota and BMW to upgrade fuel cell alliance, Nikkei Asia says

UPDATE 2-Toyota and BMW to upgrade fuel cell alliance, Nikkei Asia says Adds BMW spokesperson in paragraphs 4-5 TOKYO, Aug 27 (Reuters) - Toyota Motor Corp 7203.T and BMW BMWG.DE are set to upgrade their partnership in fuel cell vehicles, Nikkei Asia reported on Tuesday. The two automakers will sign a memorandum of understanding on the partnership next week, with an official announcement set for Sept.
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Toyota and BMW to upgrade fuel cell alliance, Nikkei Asia says

Toyota and BMW to upgrade fuel cell alliance, Nikkei Asia says TOKYO, Aug 27 (Reuters) - Toyota Motor Corp 7203.T and BMW BMWG.DE will upgrade their partnership in fuel cell vehicles, Nikkei Asia reported on Tuesday. The two automakers are set to sign a memorandum of understanding for the partnership next week, with an official announcement set for Sept.
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Toyota And BMW To Form Alliance In Fuel Cell Vehicle Manufacturing - Nikkei

BRIEF-Toyota And BMW To Form Alliance In Fuel Cell Vehicle Manufacturing - Nikkei Aug 27 (Reuters) - Toyota Motor Corp 7203.T : TOYOTA AND BMW TO FORM ALLIANCE IN FUEL CELL VEHICLE MANUFACTURING - NIKKEI TOYOTA AND BMW TO UPGRADE PARTNERSHIP IN FUEL CELL VEHICLES - NIKKEI TOYOTA AND BMW TO SIGN MOU NEXT WEEK WITH OFFICIAL ANNOUNCEMENT EXPECTED ON S
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China's Didi in talks to sell smart auto assets to state-backed NavInfo's unit, say sources

EXCLUSIVE-China's Didi in talks to sell smart auto assets to state-backed NavInfo's unit, say sources Sale would value Didi assets close to 500 mln yuan, say sources Didi plans to invest over 200 million yuan in AutoAi, say sources Didi to become No.2 shareholder of AutoAi, says source Adds more comments from sources about deal and background, in paragraphs 8-19 By Julie Zhu HONG KONG, Aug 26 (Reuters) - China's Didi Global is in advanced talks to sell its smart driving and cockpit assets to sta
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BMW overtakes Tesla in European EV sales for first time, report says

BMW overtakes Tesla in European EV sales for first time, report says Aug 22 (Reuters) - BMW BMWG.DE led the European battery electric vehicle (BEV) market for the first time, beating U.S. automaker Tesla TSLA.O , according to market research firm JATO Dynamics. The German auto giant sold 14,869 BEV cars in July, about 300 more than Tesla last month. WHY IT'S IMPORTANT The data underscored traditional automakers' success in the market after trailing pure electric-vehicle manufacturers, driven by
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Auto File: Kenya’s Uber drivers take the wheel 

Auto File: Kenya’s Uber drivers take the wheel  By Victoria Waldersee Automotive Correspondent Victoria.Waldersee@thomsonreuters.com August is usually a quiet month for the car industry. When the dust has settled from half-year results conferences, carmakers wind down their plants, executives take their favourite new model out for a summer spin and workers take a well-earned break.
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What happens next in the EU investigation into China-made EVs?

EXPLAINER-What happens next in the EU investigation into China-made EVs? Updates to add details throughout of the EU's draft findings By Philip Blenkinsop BRUSSELS, Aug 20 (Reuters) - The European Commission published on Tuesday the draft findings of its high-profile investigation into alleged subsidies for imports of Chinese-made electric vehicles, which included some revisions to proposed punitive tariffs.
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AI startup Recogni unveils new computing method to slash costs, power requirements

AI startup Recogni unveils new computing method to slash costs, power requirements By Akash Sriram Aug 20 (Reuters) - AI chip and software startup Recogni unveiled a novel computing method on Tuesday that could make its chips used to train and run artificial intelligence systems smaller, faster and less expensive to operate . Backed by BMW BMWG.DE , Bosch and venture capital firm Mayfield, Recogni develops specialized chips and software to enable AI inferencing - the process of trained AI models
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BMW's China-made electric Mini to receive lower 21.3% tariff

BMW's China-made electric Mini to receive lower 21.3% tariff BERLIN, Aug 20 (Reuters) - BMW BMWG.DE said that its joint venture in China which produces the electric Mini was classed as a "cooperating company" in the EU's latest draft tariff document on duties for China-made EVs, qualifying it for a lower duty of 21.3%. "It is logical that Spotlight Automotive Ltd.
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China-based EV makers hit with European Union tariffs

REFILED-FACTBOX-China-based EV makers hit with European Union tariffs Adds tag in headline LONDON, Aug 20 (Reuters) - The European Commission confirmed on Tuesday it would apply additional duties of up to 36.3% on imported electric vehicles made in China as it issued draft definitive findings of its anti-subsidy investigation. Here is a breakdown of the provisional tariffs by company: BYD 002594.SZ : 17% Includes: BYD Auto Co Ltd BYD Auto Industry Co Ltd Changsha BYD Auto Co Ltd Changsha Xingcha
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Tesla to get lower EU tariff on its Chinese-made EVs

UPDATE 4-Tesla to get lower EU tariff on its Chinese-made EVs EU cuts planned tariff on Tesla's China-made EV imports to 9% Some Chinese firms in joint ventures may get reduced rates Other planned tariffs on Chinese EVs broadly maintained EU investigation ongoing, tariffs not in force yet Brussels and Beijing continue negotiations Adds Chinese commerce ministry comments in paragraphs 7-9 By Philip Blenkinsop and Kate Abnett BRUSSELS, Aug 20 (Reuters) - The European Union has slashed its planned
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VW to receive lower rate on Cupra Tavascan under planned EU tariffs, source says

REFILE-UPDATE 1-VW to receive lower rate on Cupra Tavascan under planned EU tariffs, source says Refiles to read 'subsidiary' instead of 'brand' in paragraph 1 By Victoria Waldersee BERLIN, Aug 20 (Reuters) - Volkswagen VOWG_p.DE is due to receive a lower tariff of 21.3% on its Cupra Tavascan, produced by the company's SEAT subsidiary in China, under planned duties by the European Commission on China-made cars, a source close to the matter said on Tuesday.
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BMW recalls over 720,000 vehicles over short circuit concern, NHTSA says

UPDATE 2-BMW recalls over 720,000 vehicles over short circuit concern, NHTSA says Adds background in paragraph 5 Aug 20 (Reuters) - BMW BMWG.DE is recalling 720,796 U.S. vehicles over concerns of a short circuit, the National Highway Traffic Safety Administration said on Tuesday. "An improperly sealed electrical connector on the water pump may be exposed to water and short circuit," the NHTSA said.
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BMW Of North America Is Recalling 720,796 U.S. Vehicles - NHTSA

BRIEF-BMW Of North America Is Recalling 720,796 U.S. Vehicles - NHTSA Aug 20 (Reuters) - Bayerische Motoren Werke AG BMWG.DE : BMW OF NORTH AMERICA, LLC IS RECALLING 720,796 U.S. VEHICLES - NHTSA BMW OF NORTH AMERICA, LLC IS RECALLING SOME U.S. VEHICLES AS AN ELECTRICAL SHORT INCREASES THE RISK OF A FIRE.- NHTSA Source text: https://tinyurl.com/3bx
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EU to propose new duty of 9%, instead of 20.8%, on Tesla cars made in China -Mlex

EU to propose new duty of 9%, instead of 20.8%, on Tesla cars made in China -Mlex BRUSSELS, Aug 20 (Reuters) - The European Commission will on Tuesday propose final tariffs of up to 36.3% which it intends to impose on electric vehicles built in China - a slightly lower level in comparison with initial rates set in July - although Tesla TSLA.O cars was given a hefty reduction of its rate, at 9%, an MLex journalist reported.
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BMW recalls 720,796 cars over water pump issue, US regulator says

CORRECTED-BMW recalls 720,796 cars over water pump issue, US regulator says Corrects to BMW from BWM in headline Aug 20 (Reuters) - BMW of North America BMWG.DE has recalled 720,796 U.S. vehicles as an improperly sealed electrical connector on the water pump may be exposed to water and short circuit, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday.
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BMW, venture to recall 1.36 mln cars in China due to airbag risks, regulator says

UPDATE 2-BMW, venture to recall 1.36 mln cars in China due to airbag risks, regulator says Adds comment from the regulator in paragraph 5 HONG KONG, Aug 16 (Reuters) - German automaker BMW BMWG.DE and its joint venture will recall a combined 1.36 million locally produced and imported cars in China due to potential risks with the Takata airbag, China's market regulator said on Friday.
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