Adnoc’s $13b leap into global growth
Adnoc’s Bold Bet on the Future: A Game-Changing Acquisition In a move that underscores its ambitions beyond oil, Abu Dhabi National Oil Co. (Adnoc) is [more…]
Category: China
GlobalFoundries fined for sanctions slip-up
In the high-stakes world of semiconductor manufacturing, one slip of a key can mean millions—and for GlobalFoundries, a so-called “data entry error” is proving costly. [more…]
Kia EV5 price takes aim at Tesla to win over Aussie drivers
Kia is throwing down the gauntlet in Australia’s electric vehicle market with its new EV5, a sharp competitor to Tesla’s popular Model Y. First making [more…]
DP World bets big on China, expanding global reach through Hong Kong
DP World has big plans, and they’re betting on China to help make them happen. The UAE-based logistics giant, fresh off its acquisition of Cargo [more…]
Hong Kong’s Physical Fitness chain shuts down, directors arrested amid fraud investigation
In a plot twist straight out of a crime drama, Hong Kong’s fitness buffs were left in the lurch last week when Physical Fitness, a [more…]
BYD takes the wheel in Germany with Hedin acquisition
In a move that signals its growing ambition in the European market, China’s BYD has announced plans to acquire its German distributor, Hedin Electric Mobility. [more…]
SM Prime banks on youthful economy amid Chinese online gaming shutdown
The Philippines, known for its vibrant and dynamic economy, now finds itself at a pivotal moment. SM Prime Holdings and its sister companies under the [more…]
Ola Electric launches motorcycles in India’s untapped EV market
In an aggressive move into a new frontier of India’s electric vehicle (EV) market, Ola Electric Mobility unveiled its latest lineup of electric motorcycles. This [more…]
China’s BYD expands global EV footprint with key investments in Thailand and Turkey
In a strategic move, BYD Co., a Chinese electric vehicle giant, announced plans to acquire a 20% stake in its Thai distributor, Rever Automotive Co. [more…]
STMicroelectronics to build chip factory in Sicily
In a move to cut its dependency on China, Europe is taking significant steps to ramp up its semiconductor game. STMicroelectronics, a heavyweight in the [more…]