Germany Economy And Auto Industry At Risk Due To Heavy Exposure To China, Fund Manager Warns

Germany’s strong economic ties with China present substantial risks for the leading European economy, warns the…

Automakers Accelerate Efforts to Break Free from China’s EV Rare Earth Dominance

The global auto industry’s pursuit of electric vehicle (EV) motors devoid of or with minimal rare…

Naira Scarcity Worsens As Banks Limit Withdrawals, ATMs Run Dry

Naira scarcity is becoming more severe throughout the country as banks have limited cash withdrawals, according…

Gang says ICBC paid ransom over hack that disrupted US Treasury market

Electric vehicle sales are continuing to gain momentum globally, with China recording record monthly sales in…

Global EV sales stay strong, China hits record despite end of subsidies

China’s 11-year subsidy scheme for electric vehicle (EV) purchases ended in 2022. However, some local authorities…

Nigeria’s inflation rate may hit 30% by December 2023 —KPMG

Klynveld Peat Marwick Goerdeler (KPMG), a global financial advisory service firm, has predicted that Nigeria’s headline…

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