On Thursday evening, a fire which broke out at electric carmaker Tesla’s factory in Fremont, California, has been brought under control, with no immediate reports of injuries, said the fire department. According to Aisha Knowles, Fremont Fire Department’s spokeswoman, the… Read More ›
Day: March 12, 2021
Chinese antitrust regulators gunning for Aliababa Group Holding Ltd
According to a report from the Wall Street Journal citing sources familiar with the matter, China’s antitrust regulators are mulling options to levy a record fine on Alibaba Group Holding Ltd over suspected anti-competitive behavior. The potential fine could exceed… Read More ›
China’s State Administration for Market Regulation fines 12 companies for illegal monopolistic behaviors
On Friday, in a statement China’s market regulator said, it has levied fines on 12 companies for illegal monopolistic behavior. The regulator has cited 10 deals which demonstrate their illegal monopolistic behaviours. The companies that have been fined include Baidu… Read More ›