Volkswagen Eyes Exit from China as Sales Plummet and Labor Strikes EscalateVolkswagen faces financial woes, considering selling factories in China amid union strikes and restructuring plans in Germany.
Is North Korea Getting Ready for Bigger Battles? New Missile Factory Expansion RevealedNorth Korea is expanding a missile factory to enhance its military capabilities, potentially supporting Russia in the Ukraine conflict.
Kim Jong Un Pushes for Expansion of Industrial Achievements as He Inspects Songchon FactoryKim Jong Un inspected a factory under construction, emphasizing the importance of local industrial development and upcoming evaluations.
North Korea’s Push for Local Growth: Kim Jong Un Oversees Industrial Project Ahead of Year-End DeadlineKim inspected a construction site in Jaeryong County, emphasizing the need for timely completion under the 20x10 Local Development Policy.
Russia to Arm Kim Jong Un with Deadly Su-35 Jets—Will North Korea's Air Force Rival the U.S.?Kim's visit to Russia's Yuri Gagarin factory raises speculation about North Korea acquiring Su-35 fighters to modernize its aging air force.
North Korea’s 200 Munitions Factories Are Running at Full Capacity, Could Last 3 MonthsSouth Korea's military authorities have assessed that North Korea has secured enough supplies to sustain a war for as long as three months.
North Korea's Mining Sector Boosted by Expanded Machinery Production for ApatiteNorth Korea's machinery industry boosts production of equipment for apatite mining, including pumps and mining wagons.
Tesla Defies Job Cut Trends by Offering 500 Full-Time Positions in GermanyTesla will convert 500 temporary workers to permanent positions at its German Gigafactory, boosting job stability amid criticism.
Toyota Reconsiders North American EV Rollout as Sales Slow DownToyota delays North American EV production to 2026 due to slow sales and market changes, while maintaining long-term investment plans.
North Korea's Kim Jong Un Pushes for Rapid Development of Industrial and Health FacilitiesKim Jong Un inspected local factory construction, emphasizing health, tech, and grain facilities, with progress over 80%.
Samsung Reaches $400 Million Settlement After Texas Winter Storm DamagesSamsung Electronics has successfully settled a lawsuit with an American insurance company for $400 million.
Trudeau Takes Stand: Blocking Chinese EV Factories in CanadaCanada appears set to block the establishment of Chinese EV factories within its borders, presumably a regulatory move against China.
How Rivian Plans to Dominate the Electric SUV Market by 2026Rivian announced that its profitability is dramatically improving through cost reductions. Rivian sold more than 50,000 units in 2023.
War in Ukraine Halts Samsung and LG's Business, Chinese Companies Sweep InWith no promising lease candidates appearing, the local businesses halted due to the impact of the Russia-Ukraine conflict.
Mercedes Workers in Alabama Vote Against Union Formation: What’s Next for UAW?Predictions have emerged that the momentum of the United Auto Workers (UAW) Union, which is seeking ...
North Korean Leader Kim's Surprising Sniper Skills RevealedKim Jong Un, the North Korean leader, conducted on-site guidance at key defense industry companies u ...
Kim Jong Un's Push for Economic Self-Sufficiency: What You Need to KnowNorth Korea’s Chief Secretary Kim Jong Un attended a groundbreaking ceremony for a local industrial factory in Sungcheon County. (Photo=Rodong Sinmun-News1) North Korea is currently developing local industrial factories in 20 cities and counties. According to North Korean media, these factories, including essential food, daily necessities, and clothing, are being constructed to align with each […]
Goldman Sachs Slashes Tesla's Target Price Over Production ConcernsGlobal investment bank Goldman Sachs has downgraded Tesla’s stock price. This reflects concerns about production issues and market conditions despite the price increase of Tesla’s main models. On the 18th, Goldman Sachs lowered Tesla’s target stock price from $220 to $190, maintaining a neutral investment opinion. The $190 is based on applying a 50-time multiplier […]
China's BYD Sends Delegation to Mexico for Electric Car Factory ReviewOn March 9, 2024, it was reported that the Chinese firm BYD dispatched a delegation to Mexico to consider building an electric car factory there. According to a Mexican government official, last week, BYD executives met with government officials and Chinese suppliers located in Jalisco, including ITI, which manufactures machinery for automotive parts. The cost […]
Elon Musk's Tesla Faces Setbacks: Stock Plummets Amid Factory SabotageTesla’s stock price has taken a severe hit, with its market capitalization evaporating by over $76 billion in just two days. This is mainly due to a series of setbacks in China and Germany, coupled with a global slowdown in the growth of the electric vehicle market. On May 5 (local time), Tesla’s stock closed […]
Volkswagen Eyes Exit from China as Sales Plummet and Labor Strikes Escalate Volkswagen faces financial woes, considering selling factories in China amid union strikes and restructuring plans in Germany.
Is North Korea Getting Ready for Bigger Battles? New Missile Factory Expansion Revealed North Korea is expanding a missile factory to enhance its military capabilities, potentially supporting Russia in the Ukraine conflict.
Kim Jong Un Pushes for Expansion of Industrial Achievements as He Inspects Songchon Factory Kim Jong Un inspected a factory under construction, emphasizing the importance of local industrial development and upcoming evaluations.
North Korea’s Push for Local Growth: Kim Jong Un Oversees Industrial Project Ahead of Year-End Deadline Kim inspected a construction site in Jaeryong County, emphasizing the need for timely completion under the 20x10 Local Development Policy.
Russia to Arm Kim Jong Un with Deadly Su-35 Jets—Will North Korea's Air Force Rival the U.S.? Kim's visit to Russia's Yuri Gagarin factory raises speculation about North Korea acquiring Su-35 fighters to modernize its aging air force.
North Korea’s 200 Munitions Factories Are Running at Full Capacity, Could Last 3 Months South Korea's military authorities have assessed that North Korea has secured enough supplies to sustain a war for as long as three months.
North Korea's Mining Sector Boosted by Expanded Machinery Production for Apatite North Korea's machinery industry boosts production of equipment for apatite mining, including pumps and mining wagons.
Tesla Defies Job Cut Trends by Offering 500 Full-Time Positions in Germany Tesla will convert 500 temporary workers to permanent positions at its German Gigafactory, boosting job stability amid criticism.
Toyota Reconsiders North American EV Rollout as Sales Slow Down Toyota delays North American EV production to 2026 due to slow sales and market changes, while maintaining long-term investment plans.
North Korea's Kim Jong Un Pushes for Rapid Development of Industrial and Health Facilities Kim Jong Un inspected local factory construction, emphasizing health, tech, and grain facilities, with progress over 80%.
Samsung Reaches $400 Million Settlement After Texas Winter Storm Damages Samsung Electronics has successfully settled a lawsuit with an American insurance company for $400 million.
Trudeau Takes Stand: Blocking Chinese EV Factories in Canada Canada appears set to block the establishment of Chinese EV factories within its borders, presumably a regulatory move against China.
How Rivian Plans to Dominate the Electric SUV Market by 2026 Rivian announced that its profitability is dramatically improving through cost reductions. Rivian sold more than 50,000 units in 2023.
War in Ukraine Halts Samsung and LG's Business, Chinese Companies Sweep In With no promising lease candidates appearing, the local businesses halted due to the impact of the Russia-Ukraine conflict.
Mercedes Workers in Alabama Vote Against Union Formation: What’s Next for UAW? Predictions have emerged that the momentum of the United Auto Workers (UAW) Union, which is seeking ...
North Korean Leader Kim's Surprising Sniper Skills Revealed Kim Jong Un, the North Korean leader, conducted on-site guidance at key defense industry companies u ...
Kim Jong Un's Push for Economic Self-Sufficiency: What You Need to Know North Korea’s Chief Secretary Kim Jong Un attended a groundbreaking ceremony for a local industrial factory in Sungcheon County. (Photo=Rodong Sinmun-News1) North Korea is currently developing local industrial factories in 20 cities and counties. According to North Korean media, these factories, including essential food, daily necessities, and clothing, are being constructed to align with each […]
Goldman Sachs Slashes Tesla's Target Price Over Production Concerns Global investment bank Goldman Sachs has downgraded Tesla’s stock price. This reflects concerns about production issues and market conditions despite the price increase of Tesla’s main models. On the 18th, Goldman Sachs lowered Tesla’s target stock price from $220 to $190, maintaining a neutral investment opinion. The $190 is based on applying a 50-time multiplier […]
China's BYD Sends Delegation to Mexico for Electric Car Factory Review On March 9, 2024, it was reported that the Chinese firm BYD dispatched a delegation to Mexico to consider building an electric car factory there. According to a Mexican government official, last week, BYD executives met with government officials and Chinese suppliers located in Jalisco, including ITI, which manufactures machinery for automotive parts. The cost […]
Elon Musk's Tesla Faces Setbacks: Stock Plummets Amid Factory Sabotage Tesla’s stock price has taken a severe hit, with its market capitalization evaporating by over $76 billion in just two days. This is mainly due to a series of setbacks in China and Germany, coupled with a global slowdown in the growth of the electric vehicle market. On May 5 (local time), Tesla’s stock closed […]
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