Tourism in the EU Almost at Pre-Corona Level
The tourism industry in the European Union is almost as busy as it was in the last year before the…
China Extracted More Coal Than Ever Last Year
China has extracted a record amount of coal in the past year. A total of 4.5 billion tons of coal…
China Imported Fewer Chips Due to Corona Restrictions
China imported fewer computer chips last year than a year earlier, China Customs reports. Corona lockdowns and outbreaks in China…
Tesla Slashes Prices by up to 20 Percent in the US and Europe
Tesla has now also reduced the prices of its electric cars in the US domestic and key European markets by…
Japanese Fashion Company Raises Salaries by up to 40 Percent
In recent times, life worldwide has become a lot more expensive due to increased inflation. Therefore, many employees hope to…
Large Cargo Ship Runs Aground in Suez Canal
A large freighter has become stuck in the northern part of the Suez Canal. Tugs are trying to refloat the…
Alibaba Leads Tech Rally at Hong Kong Stock Exchange
The stock market in Hong Kong rose sharply on Monday. Chinese tech companies, in particular, showed substantial profits, led by…
Web Store Alibaba Wants Hub at Istanbul and Data Center Ankara
Chinese online retailer Alibaba plans to build a logistics distribution centre near Istanbul Airport. The company also plans to build…
Economist: China Reopening Good News for Australian Economy
China’s reopening after its protracted zero-covid policy is good news for Australia’s economy. An economist from the American bank JPMorgan…
High Inflation Worldwide Would Decline Only Slowly
Experts expect global inflation to fall in the coming years but will nevertheless remain at a high level. A survey…