How Tesla plans to reverse its sales decline in Europe

**How Tesla Plans to Reverse Its Sales Decline in Europe**
*By Dwaipayan Roy | Oct 13, 2025, 01:33 PM*

Tesla has launched new “Standard” versions of its popular Model Y and Model 3 cars in Europe as part of its strategy to counter declining sales in the region. These new models are priced just under €40,000 (approximately ₹41.3 lakh), making them about €5,000 (around ₹5 lakh) cheaper than the current “Premium” versions.

### Sales Decline in Europe
Tesla’s sales in Europe have plummeted by over 30%, with around 134,000 vehicles sold through August this year. This represents a significant 33% drop compared to the same period last year. The decline has been attributed to several factors, including a lack of affordable models, increasing competition from other electric vehicle (EV) manufacturers, and concerns surrounding CEO Elon Musk’s political views.

### Rising Competition: BYD’s Success
Chinese automaker BYD is rapidly expanding its presence in the European EV market. The company sold nearly 96,000 vehicles in the region, marking an impressive 280% increase from last year. BYD’s rapid growth further highlights the challenges Tesla faces amid rising competition and its ongoing sales slump.

### Global Performance and Challenges
Tesla’s global sales have also taken a hit, with about 1.22 million cars sold in the first three quarters of this year—a 6% decline from the same period last year. The company’s performance has been notably affected in Europe, where competition from automakers like BYD is intensifying, and in China, where sales are also declining.

As Tesla rolls out more affordable options like the new Standard Model Y and Model 3, the company aims to regain market share and revitalize its sales momentum in Europe’s highly competitive EV landscape.
https://www.newsbytesapp.com/news/auto/how-tesla-plans-to-boost-sales-in-europe/story

US set to charge fees on Chinese ships in a bid to save shipyards

NEW YORK, United States – An escalating trade war between China and the United States faces another flashpoint Tuesday when Chinese ships will be required to start paying a special fee to dock at US ports.

The move, announced by the US Trade Representative (USTR) in April, triggered reciprocal measures from Beijing, which will impose similar fees on American vessels.

https://business.inquirer.net/552352/us-set-to-charge-fees-on-chinese-ships-in-a-bid-to-save-shipyards

PH to protest China’s attack on BFAR vessel

MANILA, Philippines — The Philippines will protest a China Coast Guard (CCG) ship’s attack on a fisheries vessel off Pag-asa Island on Sunday morning.

The incident has been condemned by both the United States and the European Union, describing it as an “aggressive” and “dangerous” action.

Fortunately, nobody was injured when the CCG ship fired its water cannon, then rammed and slightly damaged the BRP vessel.
https://www.inquirer.net/457638/ph-to-protest-chinas-attack-on-bfar-vessel/

「並ばない万博」長蛇の列 予約にも苦労、残った課題


title: 「並ばない万博」長蛇の列、予約にも苦労 残った課題とは
date: 2025-10-13 06:00
categories: 社会
tags: 大阪・関西万博, 予約, 長蛇の列, 課題

大阪・関西万博は、「並ばない万博」を掲げ、チケットや入場・来館日時のオンライン予約を通じて運営されてきました。しかし、実際にはゲート前や会場内で長蛇の列ができる場面も見られ、運営側の苦労や来場者の戸惑いが浮き彫りとなっています。

予約システムに関しても、スムーズに利用できた人もいれば、つながりにくさや希望の日時の確保が困難だったという声もありました。こうした課題は、来場者の体験向上と万博運営の効率化に向けて今後の改善点として残っています。

大阪・関西万博は、10月13日に閉幕を迎え、約半年間で延べ2,500万人の来場がありました。会期中の盛り上がりとともに、“並ばない”理想の実現に向けた挑戦は続いていくでしょう。

※この記事は有料会員限定記事の一部抜粋です。全文の閲覧には会員登録が必要となります。
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https://www.nishinippon.co.jp/item/1410625/

PNB Holdings bets on IT-BPM, lifestyle retailers

The real estate spinoff firm of Philippine National Bank (PNB) is pinning its hopes on the rapidly growing IT and business process management sector (IT-BPM) as well as lifestyle-oriented brands.

This strategy aims to maintain high occupancy rates in its properties while differentiating the company from its competitors.

Joselito Consunji, COO of PNB Holdings Corp. (PHC), shared insights on these plans, highlighting the focus on key growth sectors to drive sustained success.
https://business.inquirer.net/552312/pnb-holdings-bets-on-it-bpm-lifestyle-retailers

万博会場は閉幕後に解体 跡地に「国際観光拠点」計画

社会ニュース

万博会場は閉幕後に解体、跡地に「国際観光拠点」計画

2025年10月13日 6:00
※この記事は有料会員限定です。

大阪市・夢洲にある大阪・関西万博会場は、閉幕後にほとんどの建築物が解体され、更地に戻される予定です。

大阪府と大阪市は跡地にエンターテインメント空間を整備する方針で、サーキットやウォーターパークの設置案が検討されています。

これにより、夢洲が国際的な観光拠点としての役割を果たすことが期待されています。

▼関連記事
▶ 大阪・関西万博、13日閉幕へ 来場者、半年で2500万人

※クリップ機能は有料会員の方のみご利用いただけます。
※7日間無料トライアルあり。1日37円で読み放題。年払いでさらにお得。
https://www.nishinippon.co.jp/item/1410623/

Ungrateful locals on Guernsey reveal they reasons they prefer French tourists to Brit holidaymakers

As the autumn months set in, temperatures drop and the days become shorter, locals on Guernsey have reflected on a successful summer packed with holidaymakers. Business owners on the Channel Island are gushing about excited tourists flocking to their shores, buying drinks, lunches, spending money in their souvenir shops, and sunbathing on their beaches.

However, despite the tiny island being a Crown Dependency, and residents largely speaking English, it’s not crowds of British holidaymakers they can’t get enough of. In fact, some have even gone as far as to call British tourists “disrespectful.” Instead, it’s Guernsey’s old arch-rival and very close neighbour—the French—that residents love.

Guernsey has experienced an unprecedented influx of French tourists, with a 74 per cent increase compared to last year. Some suggest the island’s recent feature on a TV show in France is behind its rising popularity. A string of residents and business owners told the Daily Mail that the new tourists have saved the season and even boosted business. They feel the French are far superior visitors compared to the British: more interested in local culture, polite, and ready to spend.

“Thank God for the French,” exclaimed Giselle Bray, who runs a sandwich shop. “Because of them, our summer has been great. We’ve had a mix of French families, young people, and elderly visitors, and they’re all so respectable, polite, and interested in the island.”

The second-largest of the Channel Islands, Guernsey lies just 30 miles from the French coast and has also caught the eye of influencers. TikTok is flooding with dreamy Guernsey content showcasing dazzling shores, pristine beaches, and jagged clifftops. Many claim it’s better than most Mediterranean countries, with some even dubbing it the new Cornwall due to its surprising accessibility.

Guernsey’s tourism board has been actively encouraging travel influencers to visit, with the hashtag #guernsey garnering thousands of views. This rise in popularity comes as Cornwall faced its worst summer visitor numbers in a decade, with its tourism body collapsing.

Louise Parsons, who works in a jewellery shop, shared: “We’ve noticed a huge number of French tourists. I think it’s easier to get here now, and they have been advertising a lot more than they used to. There’s an influencer who spent the weekend here and documented the whole thing—it was great.”

She added, “The French spend more money than the British. They absolutely love the island, and a lot of them are here for the cobbled streets and the idea of a quaint island life. It’s very nostalgic.”

Locals explained that French tourists particularly love Guernsey because the novelist Victor Hugo completed *Les Misérables* while living in exile on the island. There has also been a new ferry system introduced, and French TV is being flooded with adverts promoting Guernsey.

Lucile Le Ray, a 25-year-old visitor from France, told the Daily Mail that tourists from her homeland enjoy the island because they find it easy to relate to. “We like it here because there’s a French touch, and for us, it’s important to relate to the place we’re visiting,” she said. “So many people here speak French, there’s great French heritage, and it’s close.”

The number of French day trippers visiting Guernsey this summer has almost doubled. This has been attributed to new ferry and plane routes between the two countries, as well as a marketing drive from Visit Guernsey across social media and French television.

“There have been a lot of social media campaigns and French TV campaigns which have absolutely worked,” said Theo Le Tissier. “They’ve even been sponsoring influencers.”

“Tourism numbers have been higher than normal this summer because of the new ferries,” explained Diane Le Sauvage, who works in a newsagent. “They’ve been great—lots of French tourists come through the door. They’ve been much more polite than the Brits that we’re used to, and hopefully, it will continue.”

Hayley Winterflood, who runs a local pub, added: “They’re ideal tourists. I found it unexpected, but we’ve had a lot over this year and it’s great. They’re very friendly, way more friendly than the Brits, polite, they spend money, and they’ve taken to pub culture very well.”

One of the big perks for visitors is that they are not required to pay VAT. Diane Gruber, who works in a clothes shop, noted that French tourists looking to splash their cash can really go “crazy.”

Meanwhile, Kevin Castro, who works in a restaurant, said French tourists have boosted business significantly. “There have been so many French tourists here this summer; it’s had a big impact on our business. They spend a lot of money, they’re appreciative, and they even tip on top of the service charge—you don’t get that with Brits, it’s not a guarantee,” he remarked. “We want them to keep coming because, because of them, we’ve been able to have more events and plan more.”

Hannah Beacom, Chair of Guernsey’s Tourism Management Board, commented: “The April to June period is a strong indicator of what we can expect to see during the rest of the tourist season, and there is clearly some very positive news to glean from this latest data.”

“The Board welcomes the significant rise in visitors from France, a huge benefit resulting from the deal struck between Brittany Ferries and the Committee for Economic Development,” she added. “I’ve personally noticed a far greater prevalence of French being spoken around St Peter Port and in other tourism hotspots within the island, which is wonderful to hear as we continue to build stronger ties with our French neighbours.”
https://www.dailymail.co.uk/travel/article-15156399/Ungrateful-locals-Guernsey-reveal-reasons-prefer-French-tourists-Brit-holidaymakers.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

China vows to stand firm against Trump’s 100% tariff threat

**China Stands Firm Against Trump’s 100 Percent Tariff Threat, Urges Negotiations**

*BEIJING –* China signaled on Sunday that it will not back down in response to President Donald Trump’s threat of imposing a 100 percent tariff on imports from China. The Chinese Commerce Ministry urged the US to resolve differences through negotiation rather than threats.

“China’s stance is consistent,” the Commerce Ministry said in a statement posted online. “We do not want a tariff war but we are not afraid of one.”

The statement came just two days after President Trump threatened to raise tariffs on Chinese imports by November 1. This threat was a reaction to China’s new restrictions on the export of rare earth minerals — key components used in numerous consumer and military products.

### Tensions Threaten US-China Meeting and Trade Truce

The escalating tensions risk undermining a potential meeting between President Trump and Chinese leader Xi Jinping, potentially ending a trade truce that saw tariffs on both sides briefly top 100 percent in April.

Throughout the year, Trump has increased import taxes on goods from multiple US trading partners with the aim of securing trade concessions. China, however, has remained resilient, relying on its significant economic clout.

“Frequently resorting to the threat of high tariffs is not the correct way to get along with China,” the Commerce Ministry emphasized in its online post, presented as responses from an unnamed spokesperson to media inquiries. The statement called for resolving concerns through dialogue.

“If the US side obstinately insists on its practice, China will be sure to resolutely take corresponding measures to safeguard its legitimate rights and interests,” the post warned.

### Rare Earths: A Critical Point of Contention

Both China and the US accuse each other of violating the spirit of their truce by imposing new trade restrictions. President Trump has accused China of becoming “very hostile” and accused it of “holding the world captive” by restricting access to rare earth metals and magnets.

China recently implemented regulations requiring foreign companies to obtain special approval to export products containing even trace amounts of rare earth elements sourced from China. These critical minerals are essential for a wide range of products, including jet engines, radar systems, electric vehicles, laptops, and smartphones.

China currently accounts for nearly 70 percent of the world’s rare earth mining and controls approximately 90 percent of global rare earth processing, making access to these materials a key issue in ongoing trade negotiations between Washington and Beijing.

The Commerce Ministry clarified that export licenses would be issued for legitimate civilian uses but noted that these minerals also have military applications.

### Retaliation and Ongoing Disputes

The Ministry also accused the US of introducing new restrictions in recent weeks. These include expanding the list of Chinese companies subject to US export controls and moving forward with new port fees on Chinese ships, set to take effect on Tuesday.

In response, China announced on Friday that it would impose corresponding port fees on American ships.

The escalating tit-for-tat measures underscore the fragile state of US-China trade relations as both countries continue to assert their economic and strategic interests.

*AFP*
https://kashmirreader.com/2025/10/13/china-vows-to-stand-firm-against-trumps-100-tariff-threat/

Why India’s largest oil producer has lower mcap than Zomato

**Why India’s Largest Oil Producer Has a Lower Market Cap Than Zomato**
*By Dwaipayan Roy | Oct 12, 2025, 06:21 PM*

India’s biggest oil and gas producer, Oil and Natural Gas Corporation (ONGC), is currently perceived as undervalued by the market. Despite boasting a market capitalization of around ₹3.1 lakh crore, ONGC trails behind companies like food delivery giant Zomato in terms of market value.

### Understanding the Market Discrepancy

One of the main reasons for this disparity is that over one-third of ONGC’s market capitalization comes from its stakes in subsidiaries and minority investments, which the market has not fully factored in.

### Market Cap Growth Comparison

Looking back over the last 13 years, ONGC’s market capitalization has grown by only about 26%. This growth is modest compared to other major Indian companies. For example:

– **Reliance Industries**: Its valuation surged from ₹2.43 lakh crore in July 2012 to ₹18.7 lakh crore today.
– **Tata Consultancy Services (TCS)**: Grew from ₹2.42 lakh crore in 2012 to ₹10.95 lakh crore now.

### ONGC’s Diverse Portfolio

ONGC holds significant stakes in various subsidiaries and minority investments, including:

– **Mangalore Refinery and Petrochemicals Limited (MRPL)**: 71.63% stake valued at over ₹18,000 crore.
– **Hindustan Petroleum Corporation Ltd (HPCL)**: 54.9% stake worth approximately ₹52,770 crore.

Alongside these, ONGC also has minority stakes in:

– **Indian Oil Corporation**: 14.20% stake valued at around ₹31,000 crore.
– **GAIL (India) Ltd**: 5% stake worth about ₹5,900 crore.

The total value of ONGC’s stakes in subsidiaries and minority investments exceeds ₹1.07 lakh crore, which is more than a third of its current market capitalization.

### The Minister’s Take on PSU Valuations

Oil Minister Hardeep Singh Puri recently expressed concern about the undervaluation of state-owned oil public sector undertakings (PSUs). He highlighted a “perception bias” among investors that undervalues these profitable and economically significant entities.

The Minister underscored the robust performance of oil marketing companies, noting that Indian Oil, Bharat Petroleum, and Hindustan Petroleum together generated a combined profit of ₹2.5 lakh crore over the past six years.

### Conclusion

While ONGC remains India’s largest oil and gas producer with a strong asset base and profitable subsidiaries, the market continues to undervalue its true worth. This disparity underscores investor perception challenges faced by public sector enterprises compared to fast-growing private sector companies like Zomato.
https://www.newsbytesapp.com/news/business/ongc-s-market-cap-growth-lags-behind-peers/story

惜しむ万博閉幕、寄せる人波 雨の中「駆け込み」で楽しむ

くらし

惜しむ万博閉幕、寄せる人波 雨の中「駆け込み」で楽しむ
2025/10/12 18:39 (2025/10/12 18:41 更新)
[有料会員限定記事]

大阪・関西万博は12日、閉幕まであと1日となり、入場ゲートには名残を惜しむ人の波が続々と押し寄せました。

一時雨脚が強まり、会場シンボル「大屋根リング」の下はすれ違うのも難しいほど混雑しました。来場者からは「寂しい」という声が聞かれました。

※この記事は有料会員限定です。
残り485文字
7日間無料トライアル、1日37円で読み放題。年払いならさらにお得です。

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