Volkswagen’s flagship brand Audi said on Monday that it and its Chinese joint venture partner SAIC will work together to build a new intelligent and electric car platform tailored for China. The decision underscores growing pressure on legacy automakers and… Read More ›
According to traders and analysts speaking to Reuters, the world’s physical crude oil markets are contracting due to a lack of demand from refineries and an abundance of supply. This development might lead to additional declines in benchmark crude futures…. Read More ›
In order to meet our climate commitments, sales of electric cars must surge. However, EV sales are declining in the West, and governments may need to sacrifice their own economies in order for them to rebound. The experience is familiar… Read More ›
The plan for the aircraft manufacturer to give departing CEO Dave Calhoun a roughly $33 million compensation package in 2023 has received approval from shareholders. The proposal, which has garnered criticism as the airline deals with a crisis triggered by… Read More ›
According to a trade research by Allianz Trade, efforts for a complete decoupling remain “difficult, if not impossible,” with China continuing to be a “critical supplier” to the global economy. European businesses are optimistic about their prospects in China despite… Read More ›
Thanks to earth monitoring satellites, Indian farmer Lokeswara Reddy, who has twenty years of experience, has witnessed his crops bloom after years of hardship. About ten years ago, Reddy, 52, who is presently a contract farmer with the multinational corporation… Read More ›
As geopolitical tensions rise, Beijing’s efforts to internationalise the yuan are making progress. On Friday, the president of Hong Kong’s de facto central bank said that the city will let mainland China’s experimental digital currency to be used in local… Read More ›
The European Union launched a significant inquiry into Facebook parent firm Meta on Thursday for allegedly breaking the rigorous internet content regulation in the region due to potential dangers to children’s safety. Investigating if the social media giant’s Facebook and… Read More ›
Managing director of Peak XV Partners, previously Sequoia Capital India & Southeast Asia, Shailendra Singh, stated that India provides a “very favourable” climate for businesses to initiate initial public offerings. “My general opinion is that the regulatory framework, the work… Read More ›
The latest tariffs imposed by the Biden administration on Chinese electric vehicles and other vital industries are intended to safeguard American industry going forward, but they will probably hasten China’s production move from China to Mexico, Vietnam, and other countries… Read More ›
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