Maersk: Interruption of Red Sea shipping may reduce Asia-Europe capacity by 20%
On Monday, May 6, Maersk, the Danish shipping giant, stated that the disruption in Red Sea container shipping is worsening,…
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News: Tesla to Lay Off More Software and Service Team Employees
According to sources familiar with the matter, American electric vehicle manufacturer Tesla, which announced a global workforce reduction of over…
Breaking China’s Monopoly on Rare Earth is Urgently Needed in the United States.
The Biden administration has pledged to transition America from gasoline cars to electric vehicles (EVs). To fulfill this promise, the…
EU proposes first sanctions on Russian liquefied gas industry
The European Commission has proposed sanctions for the lucrative liquefied natural gas industry in Russia for the first time. The…
Trump Media Acted on SEC Recommendation, Changes Audit Firm
Trump Media Company, following the recommendation of the U.S. Securities and Exchange Commission (SEC), announced on Monday (May 6) that…
Canada Post Raises Stamp Prices on May 6th
Starting this Monday (May 6), Canada Post has implemented a new postage fee standard, increasing the price of stamps by…
American Cars Rapidly Losing Market Share in China, General Motors Suffers Severe Losses
Amid the tense geopolitical situation between the United States and China, shifting consumer confidence, and intensifying competition within industries on…
Chinese tighten belts during May Day holiday amid economic downturn.
During the May 1st holiday, just ended, data shows that Chinese people have increased their travel during the holiday period,…
China’s New Home Sales Plummet by 47% Year-on-Year during May Day Holiday
China’s real estate market continues to struggle. The latest data shows that during the “May Day” holiday, the average daily…
Henan Initiated Downsizing of Workforce: Analysis Reveals the Chinese Communist Party Is Really out of Money
In mainland China, the concept of a “iron rice bowl” in the eyes of the people is no longer as…