Tesla recalls 1.6 million electric vehicles in China | Business and Economy News

Tesla recalls 1.6 million electric vehicles in China | Business and Economy News

The cars reportedly have problems with their automatic assisted steering and door latch controls. Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles in China for problems with their automatic assisted steering and door latch controls. China’s State Administration for Market Regulation (SAMR) announced…

Asia’s business heirs look beyond profits, hoping to escape parents’ shadow | Business and Economy News

Asia’s business heirs look beyond profits, hoping to escape parents’ shadow | Business and Economy News

Kuala Lumpur, Malaysia – From Malaysia to Singapore and the Philippines, second- and third-generation family businesses in Asia are charting a different path from their forefathers as they seek out greener and more sustainable investments. For some millennial business heirs, the journey is smooth. For others, the gap between their comfortable…

Al Jazeera challenges White House on escalation of tensions in the Red Sea | International Trade News

Al Jazeera challenges White House on escalation of tensions in the Red Sea | International Trade News

NewsFeed Al Jazeera’s Kimberly Halkett challenges White House National Security Spokesperson, John Kirby about US responsibility over the escalation of tensions in the Red Sea. Published On 4 Jan 20244 Jan 2024 Check out our Latest News and Follow us at Facebook Original Source

India’s Adani wins top court relief on further probe over Hindenburg report | Business and Economy News

India’s Adani wins top court relief on further probe over Hindenburg report | Business and Economy News

Indian agency was probing the group after Hindenburg Research last year alleged the improper use of tax havens and stock manipulation. India’s Supreme Court says the Adani Group does not need to face more investigations beyond the current scrutiny of the market regulator, a major relief for the conglomerate hit…

Argentina announces that it will not join BRICS bloc | Business and Economy News

Argentina announces that it will not join BRICS bloc | Business and Economy News

The move is the latest shift in economic and foreign policy by newly elected hard-right President Javier Milei. Argentina has announced that it will not join the BRICS bloc of developing economies, fulfilling a campaign promise by newly elected far-right President Javier Milei who has pledged to pursue closer ties…

Economic downturn punctures joy of festive season in Nigeria | Business and Economy

Economic downturn punctures joy of festive season in Nigeria | Business and Economy

Lagos, Nigeria – Chinenye Ikechukwu’s Decembers are usually dotted with concerts, parties, and restaurant and beach outings with friends. But this year, the 27-year-old resident of Yaba in Lagos has stayed mostly at home due to the economic downturn plaguing Africa’s largest economy. The rising cost of living and soaring…

China considers revising gaming rules after tech giants lose billions | Technology News

China considers revising gaming rules after tech giants lose billions | Technology News

Draft document outlining restrictions caused major stir as tech stocks tumbled, sent investors into a panic. Chinese authorities have said they may revise newly drafted online gaming rules shortly after the planned restrictions caused major tech companies to lose billions of dollars. State broadcaster CCTV reported on Saturday that the…