Chinese EVs Lose Ground, Traders Shred Bets & 42M Tonnes of Rubble

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) European Union tariffs slowed the influx of Chinese-made electric vehicles in July, as the bloc moved to protect its automakers from low-cost competition. (2) China's central bank chief has pledged further steps to support his nation's economic recovery, while cautioning that it won't be adopting "drastic" measures. (3)Treasury yields surged after signs of a resilient US economy in the latest data releases prompted traders to lower their expectations of aggressive Federal Reserve interest-rate cuts this year. (4) The UK government announces changes to a multi-billion pound compensation plan for victims of the infected blood scandal. (5) As US-backed ceasefire talks restart in Doha, calls to reconstruct the Strip are becoming louder. So far, Israeli air strikes have left more than 42 million tonnes of debris across the Strip, according to the UN. See omnystudio.com/listener for privacy information.