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Tesla’s weak China sales—and a 7.2% plunge in share price—help to knock Elon Musk off his perch as the world’s richest person
Elon Musk is no longer the world’s richest person—and China is to blame. Tesla shares dropped 7.2% in Monday trading,…
Li Auto wants to sell an electric minivan, complete with fridge and sofa, as it tries to stave off a sales decline
Li Auto recorded its first-ever annual net profit just a week ago, revealing that it delivered almost three times more…
Japan’s Nikkei index continues its record-breaking bull run by breaking 40,000 for the first time in its history
It’s been a good few weeks for the Japanese stock market. The Nikkei 225, a major index for the Japanese…
The Gen Z and millennial rebellion against full-price luxury is hurting Burberry and Kering, but propping up secondhand marketplaces
Ever dreamt of buying your first luxury handbag? With sky-high rents and a challenging job market, investing in luxury has…
Japan lost its early lead in chips to companies in Korea and Taiwan. Now a new TSMC project could lead the way to ‘a renaissance of semiconductors’
Morris Chang, founder of Taiwan Semiconductor Manufacturing Company, gave a bold prediction when he opened the chipmaker’s new facility in…
Xiaomi founder Lei Jun followed Apple into the EV market. He’s now ‘very shocked’ by the iPhone maker’s decision to pull out
Both Xiaomi and its founder, Lei Jun, are big fans of Apple. The Chinese smartphone maker embraces Apple-like designs in…
The CEO of the just-privatized Air India describes how tough it was to turn around a 91-year-old airline: ‘The first 6 months was really triage’
Campbell Wilson had a tough job when taking over Air India, the once-state-owned now privatized airline, back in June 2022.…
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Saudi Arabia needs a second airline because it’s ‘not as easy as it should be’ to get to ‘the home of Cristiano Ronaldo,’ says the CEO of the country’s next carrier
Tony Douglas, the CEO behind Saudi Arabia’s soon-to-be second flag carrier, couldn’t get a direct flight to Singapore from his…
Li Auto wins race to become the first of China’s major EV startups to turn a profit, sending shares up by over 25%
The Chinese electric vehicle maker Li Auto now has what many of its peers in China are searching for: a…












