Illegally monopolised markets across the live Concert Industry in the United States for too long. Live nation denies that it is a monopoly and says a breakup would not mean lower Ticket Prices or fees for fans. For more on the story head over to our website where we have more analysis on the story. Tesla boss elon musk has spoken out about the biden administrations tariffs on chinese electric vehicles. Musk says he is not in favour of the measures as they will distort an already competitive market. The tariffs take effect on august one. We are keeping a close eye on the unrest in New Caledonia. The french president Emmanuel Macron has wrapped up his 24 hour visit the territory. He pledged not to force through a controversial voting reform in the territory after weeks of deadly rioting. New caledonia is also the worlds one of the worlds leading producers of nickel and accounts for 6 of global supply. Recent disruption sent nickel prices to a nine month high. I spoke to a principal analy
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The big state-owned lenders are working on reducing rates on the majority of the nation s 38.6 trillion yuan ($5.3 trillion) of outstanding mortgages, according to people familiar with the matter. The reductions will only affect loans on first homes, two of the people said.