China’s Baidu wins licences for fully driverless robotaxis in 2 cities
Baidu Inc., China’s technology giant, has announced that it has received approval to operate fully driverless ...
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Starbucks net revenue at impressive USD8.15 billion despite hit to China business
Starbucks Corp beat Wall Street quarterly profit estimates even as its China business suffered a hit ...
China’s massive mortgage boycott by homebuyers affects over 200 projects
Cash-starved property developers in China are facing the heat from homebuyers, who have threatened to halt ...
China’s Lithium giant Ganfeng expands in Argentina; to buy Lithea Inc for USD 962 million
China’s biggest lithium compounds producer Ganfeng Lithium Co. Limited said on Monday that it will buy ...
Nike revenue strikes as Europe demand dominates China sales slump in 2022
Nike Inc enhanced its first-quarter revenue on Monday, as strong demand for its athletic apparel and ...
BMW starts operations at new USD2.2 billion China plant to ramp up EV production
German luxury car maker BMW said on Thursday that the production has formally begun at a ...
New EV shock in China for global automakers in 2022
Global automobile giants looking at dominating the EV market in China such as Volkswagen and General ...
Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022
Chief Executive Officer of Stellantis, Carlos Tavares has said that he expects India to be a ...
Borrowings from China for white elephant projects tumbled Sri Lanka and Pakistan into crisis in 2022
China possessed Hambantota Port in Sri Lanka lies 18kms from the Mattala Rajapaksa International Airport. Unfortunately, ...
AJEX, Riyadh: A China-Saudi joint venture to boost bilateral trade between the 2 nations
AJEX, a logistics joint venture between Chinese logistics firm SF International and Saudi Arabian conglomerate Ajlan ...
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