Tesla Inc. is laying off some electric-vehicle battery workers at its Shanghai plant, people familiar with the matter said, just as a bruising price war among manufacturers in China is showing signs of easing.
The US has expressed concern over China’s recent behavior towards Philippine vessels in the South China Sea, as the Southeast Asian nation reported Chinese vessels “swarming” south of an oil and gas-rich area in contested waters.
The Nordic country has blazed a trail that may eventually be followed by the rest of the world
The invasion of Ukraine propelled Poland’s president from the periphery of European politics to the center, but he might have blown his chance of staying there
Tentative signs of weakness in the US labor market won’t be enough to sway the Federal Reserve from additional interest-rate increases, according to Bloomberg Economics.
Consumers should expect to get a cheaper cup of coffee starting next year, one of the world’s leading roasters said.
US Treasury Secretary Janet Yellen sat down with two old guards of China’s economic policy on Friday, as she begins two days of talks designed to stabilize fraught ties between the two superpowers.
Vietnamese electric-vehicle maker VinFast plans to list its shares on the Nasdaq Global Select Market during the third quarter after merging with a special purpose acquisition company, according to a person familiar with the matter who asked not to be named because the information is private.
The oil market is finally starting to show signs of tightening, a relief for traders who have grappled with fading optimism around China’s recovery and concerns over the global demand outlook.
Vietnam’s Prime Minister Pham Minh Chinh has doubled down on his calls for a “more flexible” monetary policy to support businesses as the government worries it may miss this year’s economic growth target.
