Wanxiang Trust Stumbles: In a disconcerting development, Wanxiang Trust, a significant player in China’s shadow banking arena, has encountered payment delays on various investment products, amplifying concerns over the nation’s […]
Foxconn Rides Holiday Sales Surge: Foxconn, the mammoth electronics manufacturer and a linchpin in Apple’s supply chain, is looking at a brighter fourth quarter, driven by robust sales during the […]
Japanese Business Group: The Japan Association of New Economy, a corporate lobby group, and big U.S. IT businesses are concerned about the EU’s proposed cybersecurity labelling laws. The association wrote […]
Engie Scores Legal Victory: French utility Engie has successfully challenged the European Union’s directive to pay €120 million ($130 million) in back taxes to Luxembourg. This decision deals a blow […]
Currency Ballet: In a savvy financial dance, China’s major state-owned banks were recently spotted orchestrating a currency swap spectacle. Picture this: yuan being deftly transformed into U.S. dollars in the […]
Motor Sichs Western Odyssey: Motor Sich, a prominent Ukrainian aerospace group, finds itself at a crossroads as it endeavors to forge new partnerships in the West. This strategic shift comes […]
Moody Shifts China Credit Outlook: Moody’s, a renowned credit ratings agency, has made a significant adjustment to its outlook on China’s government credit ratings, shifting it from stable to negative. […]
Moskvich Revival: In a surprising turn of events, Russia’s classic Moskvich car has secured a spot in the country’s top 10 best-selling brands for the first time, marking a resurgence […]
Airbus Nears Year-End Target: Airbus, a key player in the aerospace industry, faced a marginal decline in its aircraft deliveries for the month of November. According to industry sources, the […]
Thames Water Charts Bold: Thames Water, the largest water utility in the United Kingdom, has embarked on an ambitious three-year turnaround plan with the primary objective of enhancing its overall […]