JD.com Confirms Acquisition Talks with MediaMarktSaturn
DÜSSELDORF/BEIJING – Chinese online retail giant JD.com is reportedly in advanced talks over a potential acquisition of Media Markt and Saturn, two of Germany’s leading electronics chains. As confirmed by parent company Ceconomy AG, negotiations are ongoing, with JD.com offering … Continue reading JD.com Confirms Acquisition Talks with MediaMarktSaturn
Tesla Locks In $16.5 B Deal with Samsung
AUSTIN/SEOUL – Tesla CEO Elon Musk confirmed today, July 28, that the automaker signed a staggering $16.5 billion chip supply agreement with Samsung Electronics, slated to run through 2033. Under the pact, Samsung’s new fabrication facility in Taylor, Texas, will produce … Continue reading Tesla Locks In $16.5 B Deal with Samsung
EU‑China Business Leaders Symposium in Beijing
BEIJING – At the 25th EU–China Business Leaders Symposium, top representatives of the European Union and China met in Beijing. Originally scheduled for two days, the meeting was condensed into a single day — widely interpreted as a sign of … Continue reading EU‑China Business Leaders Symposium in Beijing
U.S.–Japan Trade Deal Reshapes Global Auto Market
WASHINGTON/TOKYO – In a landmark announcement on July 23, U.S. President Donald Trump revealed that the United States and Japan have concluded what he described as “the largest trade deal in history.” The agreement marks a major shift in bilateral … Continue reading U.S.–Japan Trade Deal Reshapes Global Auto Market
Police Dismantle Two Chinese-Led Cyber Fraud Rings
CHIANG MAI – Thai authorities have apprehended several suspects linked to two separate Chinese-led online fraud networks, following coordinated crackdowns on cybercrime. Police General Thatchai Pitaneelabutr, head of the Royal Thai Police Cyber Taskforce, confirmed the operation’s breakthrough at a … Continue reading Police Dismantle Two Chinese-Led Cyber Fraud Rings