International Business

Can European Automakers Keep Up with China's EV Surge?
Economy Can European Automakers Keep Up with China's EV Surge?

European car manufacturers are contending with a rapidly changing automotive landscape, as the EV market experiences a transformative shift. This change is substantially driven by China's burgeoning auto industry, which recently showcased its innovation in electric transport at an auto show,

April 19, 2024
How Will Chubb's New Global Risk Platform Transform M&A?
Business News How Will Chubb's New Global Risk Platform Transform M&A?

Revolutionizing M&A Risk Assessment Chubb's groundbreaking transactional risk platform is set to redefine the international insurance market, particularly within the M&A sector. By creating a purpose-built system that addresses the unique challenges of cross-border transactions, Chubb

March 19, 2024
Fidelity International Cuts 16% Staff at China Fund Unit
Business News Fidelity International Cuts 16% Staff at China Fund Unit

Facing economic uncertainties in China, Fidelity International has decided to downsize the workforce at its China fund division by 16%, letting go of 20 employees from its 120-member team. This move comes amidst market volatility that continues to affect operations within the world's

March 19, 2024
Ant Group Overhauls Structure, Carving Out Independent Units
Business News Ant Group Overhauls Structure, Carving Out Independent Units

Ant Group Co., a leading fintech player and an affiliate of the e-commerce giant Alibaba Group Holding Ltd., has announced a far-reaching restructuring that promises to redefine the company's future. The massive overhaul entails segmenting its operational arms into distinct business units.

March 19, 2024
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