The International Monetary Fund (IMF) has raised its forecast for China’s economic growth in 2025 and 2026 to 5.0 and 4.5 percent respectively in its updated World Economic Outlook released on Monday....
It was the first time the Tesla company has been overtaken in annual electric vehicle sales by China's automaker BYD.
The impact on sales became most pronounced after tax credits that had encouraged U.S....
The Bank of Japan has kept its benchmark interest rate unchanged at around 0.5 percent, signaling caution despite a recent trade agreement with the United States. Japan's central bank decided in a policy...
Microsoft announced on Tuesday that Grok, the artificial intelligence chatbot developed by Elon Musk’s company xAI, would be hosted on the Azure cloud platform. The announcement was made during a company...
Swiss company MSC Cruises signed a €3.5 billion contract to build two new ships in Saint-Nazaire, France. The deal was announced during the Choose France summit in Paris. The new ships will focus on...
Japan's Nissan posted an annual net loss of $4.5 billion on Tuesday while saying it plans to cut 15 percent of its global workforce and warning about the possible impact of US tariffs.
Ivan Espinosa, CEO,...
Grupo Modelo, the producer of Corona and other Mexican beer brands, said Thursday that it would invest more than $3.6 billion in Mexico. The Vice President of the brewer owned by Belgian-Brazilian giant AB InBev...
The world's largest auto expo opened its doors Wednesday in Shanghai, showcasing the new electric world order even as mounting trade barriers risk dampening China's global ambitions. With nearly 1,000...
The BYD Shenzhen, the world’s largest car carrier ship to date, was delivered in east China’s Jiangsu Province on Tuesday. The ship can ferry up to 9,200 vehicles, around 100 more than the world’...
Japan's benchmark Nikkei stock index is on a downturn on Monday morning. The sell-off reflects investors' mounting anxiety that increased trade friction could cause the global economy to tank.
The...
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