As the Neil Sedaka classic has it, “Breakin’ up is hard to do.” Ola Källenius would like to add that it is also financially catastrophic …
Tagged By business
India-China Relations: Still Bogged Down
After the April 27 meeting between the Indian and Chinese defense ministers, the two sides failed to issue a joint statement — a telling clue as to how the meeting went.
European carmakers look to Indonesia as alternative to China
Indonesia is trying to position itself as a new center for electronic vehicle production, and carmaking giants such as Volkswagen are eager to take advantage.
China’s EV wars: Li Auto becomes Tesla’s nearest rival in premium segment as it delivers record 25,000 cars in April
The milestone takes Li Auto ahead of its main domestic rivals, Xpeng and Nio, in their race to compete with the US giant on their home turf According to Li Auto, the strong deliveries are…
Ex-Luckin Duo Brew Up New Cotti Coffee Brand After Sales Scandal
Cotti Coffee is boosting its market share with a big publicity campaign, rapid store openings and low prices, the same formula used by Luckin Coffee The new brand, founded by Charles Lu and Jenny Qian…
VW to plans Cupra-style EV subbrand in China
The Tavascan electric SUV will be the launch model for a subbrand positioned as a lifestyle marque aimed at younger buyers in China.
Alibaba Founder Jack Ma Accepts Teaching Position In Japan; Tycoon’s Emergence Signals Entrepreneurial Confidence
Alibaba Group Holding Limited (NYSE: BABA) founder Jack Ma is starting a teaching position in Japan after dodging the limelight during Beijing’s crackdown on tech. Ma joined Tokyo College as a …
Stocks Edge Higher, Fed Decision In Focus, First Republic Fail, G-7 Eyes AI, Arm IPO – Five Things To Know
Stock futures edge higher with earnings, Fed in focus; Week Ahead: Fed decision highlights hectic slate on Wall Street; First Republic sold to JPMorgan as regulators take over another failed lender; G …
Soft China PMI likely to flow through to uneven commodity demand: Russell
The surprise contraction in China’s manufacturing index in April, coming after first quarter growth exceeded expectations, underlines the uneven nature of the recovery in the world’s second-biggest …
Why China’s man for peace in Ukraine could be good news for Putin
Li Hui was China’s ambassador to Moscow until 2019, and has decades of diplomatic experience in the Soviet Union, before its collapse, and its remnants in the years afterward.
Alibaba founder Jack Ma takes up teaching post in Tokyo
Alibaba’s founder Jack Ma is starting a teaching position in Japan as the Chinese entrepreneur begins to reassume a public profile after largely disappearing from view during Beijing’s crackdown on …
S.Korea exports suffer longest losing streak in 3 years, China sales tumble
South Korea’s exports fell for a seventh straight month in April for their longest losing streak in three years, driven by an extended slump in sales to China and suggesting persistent pressure on the …
Businesses Should Not Be Shocked By China’s Aggressive Decoupling Offensive
China’s recent acceleration of economic decoupling from foreign firms operating in the country, epitomized by broadening the scope of its espionage law, has been met with shock by the business …
