Author: Gergely Szakacs
Turmoil in Europe’s car sector could hit the central European economy and hurt banks’ asset quality, S&P Global said on Tuesday, although it added that lenders were strong enough to withstand stress in their automotive portfolios. Automakers across Europe have announced plant closures and big layoffs as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles. The sector is a mainstay of central Europe’s economic growth, accounting for 5% to 10% of the region’s gross domestic product and 5% of its employment, according to S&P.Read More
It comes after Nigel Farage’s party claimed to have overtaken the Tories’ membership numbersRead More
Tory leader says new inquiry should look at background of perpetrators as well as why some in authority did not actRead More
See how collaboration amongst policymakers, healthcare providers, technology companies and investors worldwide can help cut healthcare inequity and costs.Read More
BANGKOK — Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China’s Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan’s Nissan and Honda to announce plans to join forces against a flood of ambitious competitors.Read More
Local news, sports, business, politics, entertainment, travel, restaurants and opinion for Seattle and the Pacific Northwest.Read More
Video-sharing platform dismisses report claiming Chinese government is considering sale to tech billionaire.Read More
Zain KSA partners with Kaspersky to provide flexible monthly subscriptions for award-winning cybersecurity solutions, enhancing protection and privacy for users.Read More
Ethiopia’s STI strategy emphasizes research, innovation infrastructure, and collaboration to boost rankings, support sustainable growth, and reduce technology reliance.Read More
Discover the latest financial trends and insights in the eastern hemisphere, with a focus on Asia.Read More