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BUSINESS

  • Tesla Faces Setback as Swedish Strike Case Ends in Defeat Tesla has lost its court appeal to mitigate the impact of the Swedish strike. For the past two months, Tesla service workers in Sweden have been on strike to be included in a collective bargaining agreement. The strikes were in support of unionization...
  • U.S. Government Contemplates Increase Tariff on Chinese Goods Including Electric Vehicles The U.S. government is considering raising tariffs on certain Chinese goods, including electric cars, as part of a long-term review.
  • US Government Takes Aim at Chinese-Made Legacy Chips: Tariffs on Radar The U.S. government plans to counter low-cost Chinese-made legacy chips with tariffs after investigating procurement by domestic companies.
  • Which Car Owners Are Most Accident-Prone? Driving Habits Exposed Ram pickup truck drivers have the highest accident rate in the U.S., while Mercury luxury car drivers have the lowest.
  • Forbes Reveals the Year's Most Profitable Billionaires in 2023 Among the world's billionaires, Tesla CEO Elon Musk was the one who increased his wealth the most this year, the U.S. economic magazine Forbes announced on Nov. 19 (local time)...
  • Alibaba's Change in E-commerce Leadership Sparks Speculation of Possible Sale China's Alibaba, which recently replaced the head of its e-commerce division in a shake-up, has been embroiled in talks to sell a major business. The company's performance has been sluggish due to a lack of consumer sentiment in China, and its market position has been shaken by the rise of new competitors such as Pindududu (PDD Holdings)...
  • Window Breakage of Chinese-Made Tesla Priced at $16,800 Alarms Speculations Tesla 'Y RWD' models manufactured in China have been reported to have their rear windows suddenly break. Owners are criticizing the quality of glass made in China, claiming that it broke without any external impact. In response, users are speculating about the 'jaffa phenomenon' as the cause...
  • Apple Watch Import Ban: White House Holds the Key to Sales Resumption It has been reported that the US International Trade Commission (ITC) has denied a request to delay the Apple Watch import ban, leaving only the White House to stop Apple Watch sales. As a result, Apple Watch sales are effectively blocked, and Apple's stock price has fallen.
  • POSCO Secures 14th Consecutive Win as the World's Top Steelmaker POSCO ranked as the world's most competitive steelmaker for the 14th consecutive year. Highest scores in technological innovation, processing costs, human resources, etc.
  • Chinese car makers increase investment in Mexico, they had a plan [Backbook Global]. Chinese electric car makers are investing heavily in Mexico, with plans to circumvent the country's inflation-reducing laws...
  • EU Takes on Elon Musk's X, Launches Full-Scale Investigation into Fake News EU initiates investigation into X (formerly Twitter) for Digital Services Act (DSA) violations related to fake news and illegal content.
  • Elon Musk's Revenge? Tesla Users Lose Access to Disney+ Streaming Elon Musk takes photos with son at political festival, Tesla removes Disney+ from vehicles in response to ad dispute.
  • Apple Watch 9 Sales Stopped in the US Over Patent Infringement Dispute Apple halts sales of Apple Watch Series 9 and Apple Watch Ultra 2 in the U.S. due to patent infringement allegations.
  • Trade War Risk Rises: China's Expansion Spurs Concerns in Southeast Asia Chinese firms expand globally due to domestic economic woes, pursuing growth and raising trade tensions in host countries.
  • Chinese Semiconductor Firms Turn to Malaysia Amidst US Sanctions Due to U.S. export sanctions, Chinese semiconductor designers seek GPU assembly from Malaysian firms, boosting Malaysia's industry.
  • Chinese Media Blames Congress for U.S. Anti-China Sentiment Chinese state media criticizes U.S. Congress for advocating sanctions against China, citing concerns of harming U.S. businesses.
  • China's Economy Hit Hard by Salary Cuts and Unpaid Wages China's economy faces multiple challenges: declining salaries, wage non-payment, deflation, and business closures, raising concerns.
  • U.S. and Chinese Economies Headed in Opposite Directions, says Goldman Sachs Goldman Sachs' John Waldron's negative outlook on China's economy cites policy shortcomings and structural problems.
  • China Faces Potential $65 Billion Capital Outflow in Stock and Bond Markets Next Year Predictions suggest China could see a $65 billion capital outflow in 2024 due to U.S. supply chain conflicts.
  • China's Economic Policy for 2024: Prioritizing Technological Innovation and Growth China emphasizes 'growth' in its economic policy to revive the economy, addressing real estate, unemployment, and deflation issues.
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