Volkswagen Cut Board Roles to Achieve 1 Billion Euros
Volkswagen’s decision comes amid mounting external headwinds, including heightened competition from Chinese manufacturers, costly supply chain ...
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Tag: china
GM to Record $7.1 Billion Q4 Impact Because of EV Pullback and China Restructuring
GM's move to lessen its EV presence coincides with a decline in the demand for EVs as ...
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ByteDance Inks Deal To Form Joint Venture To Operate US TikTok App
According to the terms of the agreements, the new investors will hold an 80.1% stake while ...
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China, Germany Hold Strategic Talks on Nexperia Chip Issues, Trade and EU ties in Beijing meeting
Nexperia, a Chinese-owned chipmaker with headquarters in the Netherlands, is at the center of the negotiations. BEIJING While ...
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Rebound in exports pushes China’s trade Surplus past the $1 Trillion Mark
Exports to Southeast Asia, Africa, and Latin America increased at the same time, indicating that traders ...
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Moore Threads Delivers Nvidia-Style Rally, Jumps 502% Post $1.5 Billion IPO Launch
Moore Threads was founded in 2020 by former Nvidia China executives, counts heavyweights such as Tencent ...
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China’s UBTech Robotics seeks Big Capital Push with $400 Million Hong Kong Share Deal
UBTech seems to be concentrated on making sure it can meet growing demand with both speed and ...
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The Rise of a Financial Powerhouse: CICC’s path to a US$140 Billion Brokerage
CICC is positioning itself to be a key player in international listings, cross-border transactions and global ...
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China’s October Targets Dip As Exports Shrink 1.1% And Imports Expand At A Slower Pace Of 1%
China’s official purchasing managers' index (PMI) dropped to a six-month low of 49.0 in October from ...
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IMF Predicts Ireland as the World’s Fastest-Growing Economy with 9.1% Growth
The IMF pointed out that Ireland played a role in eurozone growth during the first quarter ...
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