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GM quarterly core profit rises 30% on truck, SUV strength

GM quarterly core profit rises 30% on truck, SUV strength

By Kalea Hall DETROIT, July 21 (Reuters) - General Motors lifted its earnings outlook for the year on Tuesday after posting a 30% increase in second-quarter core profit on the back of profitable SUV and truck sales.
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China's foreign minister discusses trade balance with EU lawmakers

China's foreign minister discusses trade balance with EU lawmakers

BEIJING, July 21 (Reuters) - Chinese Foreign Minister Wang Yi told a delegation of European lawmakers in Beijing on Tuesday that China and the EU should promote an "upward dynamic balance" in bilateral trade ties from a long-term perspective, according to a statement from China's foreign ministry.
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China's LNG Import Strategy Aims to Secure Long-Term Supply Amid Global Market Tightening

China's LNG Import Strategy Aims to Secure Long-Term Supply Amid Global Market Tightening

China has increased its liquefied natural gas (LNG) imports for the second consecutive month, with June imports rising by 8.3% year-on-year to 5.68 million tons. This increase comes as China, the world's largest LNG buyer, prepares for peak summer power demand. The rise in imports follows a period of declining LNG cargo arrivals earlier in the year. The renewed hostilities in the Middle East and the closure of the Strait of Hormuz have tightened the global LNG market, leading to increased competition for alternative cargoes. In response, Chinese state LNG importers, including PetroChina and Sinopec, are negotiating long-term supply deals with exporters outside the Gulf region to reduce reliance on Persian Gulf deliveries.
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Embraer Projects Growth in Regional Jet Markets Driven by New Industries

Embraer Projects Growth in Regional Jet Markets Driven by New Industries

Embraer Projects Growth in Regional Jet Markets Driven by New Industries
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BIPV Solar Modules Market Set for Growth Amid Tightening Energy Codes

BIPV Solar Modules Market Set for Growth Amid Tightening Energy Codes

The global market for Building-Integrated Photovoltaic (BIPV) solar modules is poised for significant growth from 2026 to 2035, driven by tightening building energy codes and net-zero construction mandates. BIPV modules, which replace traditional building materials in roofs, facades, and windows, are expected to grow at a compound annual growth rate of 12-18%. The market expansion is supported by declining costs, increased architectural demand for customized modules, and regulatory pushes from the European Union and the United Kingdom. Asia-Pacific, led by China, remains the dominant production hub, while Europe and North America are increasing local assembly capacity to reduce import dependence.
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Thermistor Elements Market Forecast Points Higher Toward 2035 Driven by Smart Battery and EV Infrastructure Growth

Thermistor Elements Market Forecast Points Higher Toward 2035 Driven by Smart Battery and EV Infrastructure Growth

Thermistor Elements Market Forecast Points Higher Toward 2035 Driven by Smart Battery and EV Infrastructure Growth
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Boeing Maintains 20-Year Aircraft Demand Forecast Amid Slower Air Travel

Boeing Maintains 20-Year Aircraft Demand Forecast Amid Slower Air Travel

Boeing Maintains 20-Year Aircraft Demand Forecast Amid Slower Air Travel
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Thermistor Elements Market Forecasted to Grow Due to EV and IoT Expansion

Thermistor Elements Market Forecasted to Grow Due to EV and IoT Expansion

Thermistor Elements Market Forecasted to Grow Due to EV and IoT Expansion
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Monoisopropanolamine Market Growth Driven by Electronics and Semiconductor Sectors Through 2035

Monoisopropanolamine Market Growth Driven by Electronics and Semiconductor Sectors Through 2035

Monoisopropanolamine Market Growth Driven by Electronics and Semiconductor Sectors Through 2035
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Boeing Maintains Long-Term Aircraft Demand Forecast Amid Current Slowdown

Boeing Maintains Long-Term Aircraft Demand Forecast Amid Current Slowdown

Boeing Maintains Long-Term Aircraft Demand Forecast Amid Current Slowdown
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Milliohm Meters Market Growth to Accelerate by 2035 Amid Precision Manufacturing Expansion

Milliohm Meters Market Growth to Accelerate by 2035 Amid Precision Manufacturing Expansion

Milliohm Meters Market Growth to Accelerate by 2035 Amid Precision Manufacturing Expansion
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Ambassador Danbazau Advocates for Enhanced Nigeria-China Lithium Battery Manufacturing Partnership

Ambassador Danbazau Advocates for Enhanced Nigeria-China Lithium Battery Manufacturing Partnership

Nigeria's Ambassador to China, Abdulrahman Danbazau, has called for a strengthened partnership between Nigeria and China in the field of lithium battery manufacturing. During an interview at the African Mainstream Media Workshop in Beijing, Danbazau emphasized the need for Chinese investors to transition from merely processing minerals to establishing production facilities in Nigeria. He highlighted Nigeria's rich deposits of critical minerals, including lithium, as a significant opportunity for the country to evolve from a raw material exporter to a manufacturing hub. The ambassador noted that the Nigerian government is committed to ensuring that the country gains more value from its natural resources through local processing and manufacturing. He encouraged Chinese companies to expand their operations in Nigeria to include the production of finished products, which would create jobs, promote technology transfer, and support Nigeria's industrialization efforts.