Re:PPCC: Pisitófilos Creditófagos. Otoño 2025

[Cadavre Exquis]

https://www.eleconomista.es/energia/noticias/13642758/11/25/repsol-negocia-una-fusion-con-apa-corporation-de-19000-millones-para-colocar-su-negocio-de-exploracion-en-la-bolsa-de-eeuu.html

Saludos.

[Cadavre Exquis]

https://www.pressreader.com/spain/el-economista/20251114/textview/page/51

Escrivá descarta una burbuja y resta alcance a los posibles límites al crédito hipotecario

Saludos.

[Cadavre Exquis]

https://www.eleconomista.es/legal/noticias/13642780/11/25/hacienda-podra-usar-libremente-la-tasacion-hipotecaria-para-encarecer-transmisiones.html

Saludos.

[Cadavre Exquis]

https://www.eleconomista.es/opinion/noticias/13642386/11/25/una-europa-entre-gigantes-pero-duena-de-su-destino.html

Saludos.

[Cadavre Exquis]

Verizon To Cut About 15,000 Jobs
Posted by msmash on Thursday November 13, 2025 @11:51AM from the more-cuts dept.

Verizon is planning to cut roughly 15,000 jobs, looking to reduce costs as it contends with increased competition for wireless service and home internet, according to WSJ, which cites people familiar with the matter. From the report:

The cuts, the largest ever for the carrier, are set to take place in the next week, the people said. The majority of the reduction is expected to be made through layoffs. Verizon also plans to transition about 200 stores into franchised operations, which will shift employees off its payroll.

Verizon, the largest U.S. telecommunications provider by subscriber base, faces a fierce battle for both wireless and home internet customers. It has lost crucial postpaid phone subscribers for three consecutive quarters. Last month, Verizon named its lead independent director Daniel Schulman as its new chief executive officer. Schulman, a former CEO of PayPal and Virgin Mobile USA, has said he would aggressively reduce the company's entire cost base and take steps to reverse the customer losses.

Saludos.

[Cadavre Exquis]

China's EV Market Is Imploding
Posted by msmash on Thursday November 13, 2025 @09:16AM from the closer-look dept.

An anonymous reader shares a report:

The Chinese electric car has become a symbol of the country's seemingly unstoppable rise on the world stage. Many observers point to their growing popularity as evidence that China is winning the race to dominate new technologies. But in China, these electric cars represent something entirely different: the profound threats that Beijing's meddling in markets poses to both China and the world.

Bloated by excessive investment, distorted by government intervention, and plagued by heavy losses, China's EV industry appears destined for a crash. EV companies are locked in a cutthroat struggle for survival. Wei Jianjun, the chairman of the Chinese automaker Great Wall Motor, warned in May that China's car industry could tumble into a financial crisis; it "just hasn't erupted yet."

To bypass government censorship of bad economic news, market analysts have opted for a seemingly anodyne term to describe the Chinese car industry's downward spiral: involution, which connotes falling in on oneself. What happens in China's EV sector promises to influence the entire global automobile market. China's emergence as the world's largest manufacturer of EVs highlights the serious challenge the country poses to even the most advanced industries in the U.S., Europe, and other rich economies. Given the vital role the car industry plays in economies around the world, and the jobs, supply chains, and technologies involved, the stakes are high.

But the wobbles in China's EV sector demonstrate the downside of China's state-led economic model. China's government threw ample resources at the EV industry in the hopes of leapfrogging foreign rivals in the transition to battery-powered vehicles. The Center for Strategic and International Studies estimates that the government provided more than $230 billion of financial assistance to the EV sector from 2009 to 2023. The strategy worked: China's EV makers would likely never have grown as quickly as they have without this substantial state support. By comparison, the recent Republican-sponsored tax bill eliminated nearly all federal subsidies for EVs in the U.S.

The problem is that China's program encouraged too much investment in the sector. Michael Dunne, the CEO of Dunne Insights, a California-based consulting firm focused on the EV industry, counts 46 domestic and international automakers producing EVs in China, far too many for even the world's second-largest economy to sustain.

Saludos.