Author: Bloomberg
Volkswagen is accelerating its China strategy by deepening partnerships with local technology and electric vehicle makers, including Xpeng, as it faces intensifying competition and a prolonged price war. The company is pushing greater localisation across manufacturing, R&D and product development to shorten vehicle cycles and cut costs. The strategy comes as China’s auto market shifts toward replacement buyers and faster innovation, putting pressure on foreign carmakers to adapt quickly. Robert Cisek, Passenger Cars Brand China CEO at Volkswagen, spoke with Stephen Engle on Insight with Haslinda Amin from the Beijing Auto Show.Read More
PANAMA CITY (AP) — Businesses have doled out up as much as $4 million to move boats through the Panama Canal with the Strait of Hormuz effectively closed, according to the Panama Canal Authority, in a move that has created a seismic shift in global trade flows.Read More
Businesses have doled out up to $4 million to cross boats through the Panama Canal to dodge ongoing chaos in the Strait of Hormuz, which has created a seismic shift in global trade flows.Read More
Barron Trump’s new beverage company is receiving backlash on social media weeks before its official launch. Sollos Yerba Mate, a canned yerba mate brand, listed the 20-year-old as a director. It now f…Read More
April 24, 2026 — Please refer to the attached presentation slides.AttachmentsAttachment 1 (PDF) (Size: 1,713,866 bytes)Release ID: 89189735If t…Read More
The Olympic cricket stadium for LA 2028 could host Indian Premier League teams as part of their global expansion plans, says Kolkata Knight Riders chief executive Venky Mysore.Read More
Christian Fuchs says belief is strong in his Newport County side, as they face Oldham Athletic on Saturday with the potential to secure League Two survival.Read More
The cartoonist illustrates that while it may not be raining outside, the state’s sports fans are getting drenched with big-league fun.Read More
Forty-four lawmakers could be banned from office for seeking to change Thailand’s strict lese-majeste law, which criminalizes criticism of the monarchy. Critics say it has been used to silence opponents.Read More
Myanmar’s junta leader-turned-president Min Aung Hlaing has issued new emergency ordinances to impose military control in 60 townships, a move aimed at tightening security in regions still mired in conflict despite the transition to civilian rule.Read More