Is Europe becoming uncompetitive?
According to a McKinsey Global Institute report, Europe-based big businesses invested 60% less in 2022 than their American counterparts and expanded at a rate of two-thirds slower...
Tag : China
Through USD 2.4 billion package, Japan eyes breaking China’s EV battery monopoly
Japan has been seen as one of the biggest laggards as the industry shifts to all-electric...
IF Insights: iPhone 16 & Apple’s AI push
Along with a more durable display screen, the new iPhone 16 also promised a bold new palette of colours...
China creates USD 230 billion brokerage powerhouse, eyes sector consolidation
The combined entity, with 1.6 trillion yuan in total assets, will overtake Citic Securities as China's largest brokerage...
OPEC+ agrees to delay October 2024 oil output hike for two months
On December 1, OPEC+ ministers convene as a full group to decide on policy...
Business Leader of the Week: All eyes on Oliver Blume as Volkswagen enters choppy waters
Oliver Blume, who became the group's CEO in 2022, has kept up positive relations with the unions and the influential Porsche and Piech families, who own Volkswagen...
Business Leader of the Week: Under Michael Lohscheller, Polestar eyes profitability by 2025
Over the past ten years, Michael Lohscheller has served as CEO of multiple other automakers...
IF Insights: Canada launches ‘tariff missile’ against China
Tesla sold 36,900 EVs in Canada in 2023, compared with 24,400 in 2022...
Dubai Airport sees record year for passengers after 8% rise in H1 2024
According to Dubai Airports, the top three countries by number of passengers were, in order, India, Saudi Arabia, Britain, and Pakistan...
IF Insights: Who is leading the global 6G race?
Experts estimate that 6G will be a hundred times more powerful than 5G, with microsecond latency and terabit-level speed possible...