Why Amazon’s Marketplace Failed In China
Amazon entered the China market in 2004 through a $75 million acquisition of Joyo.com, an online media seller. During its time in the country, substantial...
Month : January 2023
General Motors doesn’t expect significant U.S. production of EVs until the second half of this year
General Motors executives blamed U.S. battery cell plants for the company’s slow rollout of EVs....
UK companies fail at fastest rate since financial crisis
Insolvencies reach highest level since 2009 and mortgage approvals slide amid housing market downturn...
GM smashes expectations and guides toward a strong 2023, despite margin squeeze
The strong results and guidance come as the U.S. automotive industry is beginning to normalize after several years of record-low inventories....
Gautam Adani pulls off $2.4bn share sale despite short seller report
Indian billionaire’s flagship company secures backing for the offering...
Nearly a year on from the supposed Russian exodus, most major companies have yet to withdraw
After Russia invaded Ukraine in February 2022, companies across the G-7 and European Union announced plans to cease business operations in Russia....
IMF forecasts UK recession despite other leading economies growing
Britain likely to be exception to brightening global picture, fund predicts...
