Tesla sales slide in China amid rise of cheaper, high-tech local rivals
Tesla’s deliveries in China dropped sharply in April 2025, with its Shanghai Gigafactory handing over 58,459 Model 3 and Model Y vehicles-a 25.8% decline from [more…]
Category: China
Pirelli initiates steps to reduce Chinese stakeholder power
Pirelli, the renowned Italian tire manufacturer, is on the verge of a significant shift in its ownership structure as it prepares to end the controlling [more…]
Port giants CK Hutchison, PSA look to sell stakes
CK Hutchison Holdings, the Hong Kong conglomerate controlled by billionaire Li Ka-shing, is advancing plans to divest its global ports business in a landmark transaction. [more…]
French giant L’Oréal cuts jobs in China
L’Oréal, the world’s largest cosmetics company, is preparing for significant layoffs in its China operations, particularly targeting its travel retail division. Reports indicate that up [more…]
Apple airlifts 600 tonnes of iPhones from India
Apple has undertaken extraordinary measures to circumvent the steep tariffs imposed by President Donald Trump on Chinese imports, airlifting approximately 1.5 million iPhones from India [more…]
Tata Steel restructures Dutch operations
In a significant shake-up aimed at improving efficiency and long-term profitability, Tata Steel has announced plans to reduce its Dutch workforce by approximately 1,600 positions—about [more…]
Korean instant noodle giant targets growing European market
Your support powers our stories South Korea’s top instant noodle brand, Nongshim, is making a bold move into Europe by setting up a subsidiary in [more…]
Marina Bay Sands secures landmark $12 billion loan for expansion
Your support powers our stories Marina Bay Sands (MBS) has secured a groundbreaking $12 billion loan to support the ambitious expansion of its integrated resort [more…]
Decathlon faces scrutiny over alleged forced labor links in China
Your support powers our stories French sports retail giant Decathlon, known for its extensive global presence and popularity among consumers, has found itself at the [more…]
Shein makes a comeback in India through Reliance deal
Your support powers our stories Shein’s return to India marks a significant shift in the fast fashion landscape, five years after the country imposed a [more…]
