Nio unveiled a lower-cost brand named Firefly on Saturday that it touted as a rival to Mercedes' Smart and BMW's Mini in the Chinese electric vehicle maker's latest bid to broaden its customer base and boost sales.
A temporary spending bill scuttled by opposition from President-elect Donald Trump would have made U.S. Congress members eligible for a 3.8% salary increase, not 40%, as suggested in posts online that misinterpret a report on congressional salaries.
In rare criticism of its past policies, the Bank of Japan said former governor Haruhiko Kuroda's stimulus didn't change consumer psychology as much as planned, continuing a symbolic shift away from his decade of policy radicalism.
Walmart said it is likely to miss its 2025 and 2030 targets for reducing planet-warming emissions due to challenges related to energy policy, infrastructure and availability of cost-effective low-carbon technologies.
Romanian state-owned nuclear power producer Nuclearelectrica has signed the main engineering contract to extend the life of its first reactor at a cost of about 1.9 billion euros ($1.98 billion), it said on Thursday.
