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Automotive Industryin Financial Markets
2 hours ago

Stellantis recalls 250K US vehicles over air bag safety, while Ford's CEO contrasts Waymo's self-driving strategy with Tesla's and highlights AI's disruptive impact on workers, urging corporate action.

South Korea Calls For ‘Mutually Beneficial’ Trade Deal With US

BloombergSaturday, June 28, 2025 at 2:12:13 AM
South Korea Calls For ‘Mutually Beneficial’ Trade Deal With US
South Korea’s new trade minister is in Washington this week pushing for a trade deal that works for both countries, emphasizing fairness and shared benefits in negotiations with the U.S.
Editor’s Note: Trade talks between allies aren’t always smooth, even when they’re friendly. South Korea’s push for a balanced deal signals cautious optimism but also hints at underlying tensions—like protecting key industries or addressing tariffs. For businesses and consumers in both countries, the outcome could affect everything from car prices to tech supply chains.
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Latest from Financial Markets
The Biotech Start-Up Making Vaccines for Bees and Shrimp
positiveFinancial Markets
A biotech start-up is breaking new ground by developing vaccines specifically for bees and shrimp—marking the first time insect vaccines have been approved in the U.S. This could be a game-changer for protecting these crucial species from devastating diseases.
Editor’s Note: Bees and shrimp might seem like an odd pairing, but both are vital to our food supply—bees pollinate crops, and shrimp are a major aquaculture product. Diseases have been wiping them out at alarming rates, so vaccines could help stabilize ecosystems and economies. Plus, it’s a fascinating example of how biotech is solving problems we didn’t even realize we could tackle.
Odd Lots: The Biotech Making Bee and Shrimp Vaccines (Podcast)
positiveFinancial Markets
When you hear "biotech," you probably picture labs working on human diseases—not vaccines for bees or shrimp. But that’s exactly what Dalan Animal Health is doing. Their groundbreaking bee vaccine is already a reality, and they’re now tackling shrimp health too. CEO Annette Kleiser explains why keeping these critters healthy isn’t just niche science—it’s vital for ecosystems and our food supply.
Editor’s Note: This isn’t just quirky science—it’s a big deal. Bees pollinate a third of our crops, and shrimp are a global food staple. If diseases wipe them out, we’re in trouble. Dalan’s work could help stabilize fragile food chains and maybe even inspire more "outside-the-lab" biotech solutions. Plus, who knew shrimp could get vaccinated?
Stellantis to recall over 250,000 US vehicles due to improperly sealed air bag, NHTSA says
negativeFinancial Markets
Stellantis, the parent company of brands like Jeep and Dodge, is recalling more than 250,000 vehicles in the U.S. because their airbags might not be properly sealed. According to the National Highway Traffic Safety Administration (NHTSA), this flaw could prevent the airbags from working correctly in a crash, raising safety concerns.
Editor’s Note: Recalls like this aren’t just bureaucratic red tape—they’re a big deal because airbags are a critical safety feature. If they fail, the risk of injury in an accident goes up. For Stellantis, it’s another headache in an industry already grappling with supply chain issues and quality control challenges. For drivers, it’s a reminder to check for recalls and get repairs done ASAP.
Liquidity surplus alone doesn’t boost broad credit growth, economic activity holds greater influence: StanChart report
neutralFinancial Markets
A new report from Standard Chartered throws cold water on the idea that simply flooding the market with cash will magically spark widespread lending. While extra liquidity might give a temporary bump to things like personal loans (think credit cards or buy-now-pay-later schemes), it doesn’t translate to broader credit growth across the economy. The real driver? Actual economic activity—when businesses and consumers are confident enough to borrow because they see opportunities, not just because money’s cheap. Historically, credit as a share of GDP actually shrinks during high-liquidity periods, which suggests demand, not supply, calls the shots.
Editor’s Note: This isn’t just banking jargon—it’s a reality check for anyone thinking central banks can fix sluggish growth by turning on the money taps alone. If people aren’t spending, businesses aren’t investing, and the economic mood is shaky, no amount of liquidity will change that. It’s like offering free gas to drivers who don’t have cars. The takeaway? Policies need to focus on firing up real demand, not just moving money around.
‘We need to reclaim these words’: Inside England’s first romance-only bookshop catering to record levels of popularity
positiveFinancial Markets
London’s Saucy Books is making waves as England’s first dedicated romance bookshop, offering everything from steamy billionaire dramas to fantastical dragon-riding love stories. While the shop’s opening highlights the genre’s booming popularity, fans argue that romance still battles unfair stereotypes and misogyny—despite its massive appeal.
Editor’s Note: Romance novels are having a moment, but they’re often dismissed as "guilty pleasures" rather than celebrated for what they are: wildly creative, inclusive, and just plain fun. Saucy Books isn’t just selling love stories—it’s pushing back against snobbery and giving readers a space to geek out without shame. For a genre that dominates bestseller lists, this shop is a long-overdue win.

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