Top news of the week: 12.01.2023.
Tesla slashes car prices in China for second time in 3 months
Tesla cut car prices in China for the second time in less than three months on Friday, fuelling a price war amid a darkening demand outlook in the world's largest auto market.
2022 Financial Results: Lululemon Got Local In China, While Calvin Klein, Tommy Hilfiger Made Global Waves
China remains a key driver of the fashion industry’s long-term growth. So how did global players perform there at the end of 2022?
In Depth: Behind the massive sell-off in Chinese wealth management products
Pfizer CEO dismisses reports of a Paxlovid generic for China. Chinese local governments set to borrow $146 billion in the first quarter. Plus, the country’s online advertising and gaming ...
Chinese Mainlanders Can Book Omicron-Specific mRNA Shot in Hong Kong
Chinese Mainlanders Can Book Omicron-Specific mRNA Shot in Hong Kong - Fosun Pharma opens online reservation platform for BioNTech vaccination as Covid border controls are set to end
Warren Buffett cashes in US$26 million from BYD bet as Berkshire Hathaway pares stake in world’s No 1 EV maker
Warren Buffett’s Berkshire Hathaway trimmed its stake in BYD for the seventh time as the stock slipped more than 39 per cent from its peak in June 2022 and this year’s rally bypassed the EV ...
Europe quizzes TikTok on data safety, disinformation and DSA compliance
TikTok's CEO, Shou Zi Chew met senior European Union lawmakers today and was quizzed on a range of topics -- including preparations to comply with incoming pan-EU rules focused on content ...
Tencent doubles down on WeChat live streaming to take on TikTok after user base quadruples in 2022
Tencent will provide more incentives for influencers and merchants to use its short video and live-streaming service in 2023, including more support for original content creators.
Job cuts and falling shares: how did it all go so wrong for the US tech sector?
As Amazon axes 18,000 roles and Tesla loses 65% of its value, we examine the causes of the glitch hitting Silicon Valley