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BYD acquires 20% stake in Thai distributor Rever Automotive

Bangkok, July 6, 2024 – Chinese automaker BYD is strengthening its position in the Thai market by acquiring a 20% stake in Rever Automotive,...

US Stock Market Hits Record Highs as Investors Cheer Cooling Labor Market

New York, July 6, 2024 - US stocks ended Friday (July 5) on a high note, with the S&P 500 and Nasdaq Composite indexes...

Swiss National Bank Blames Credit Suisse Management for Collapse

The Swiss National Bank (SNB) places the entire responsibility for Credit Suisse's collapse on the bank's management. In an interview with Le Temps, SNB...

Airbus Deliveries Up Slightly in First Half, Down in Second Quarter

Paris, July 5 (TASR) - Airbus achieved modest growth in aircraft deliveries for the first half of 2024, but saw a decline in the...

Canada Unemployment Rate Rises to Near 2.5-Year High: Labor Market Challenges Persist

Ottawa, July 5 - Canada's labor market is facing headwinds as the unemployment rate rose to 6.4% in June, the highest level since January...

Ryanair and Wizz Air Face Crackdown in Hungary Over Flight Delays and Cancellations

Hungary's government has taken aim at low-cost airlines Ryanair and Wizz Air over a spate of flight delays and cancellations, launching investigations into whether...

Dark secret of vaccine and pharmaceutical companies exposed

Investigate Europe has revealed that the 15 biggest pharmaceutical companies in the world operate more than 1,300 subsidiaries in tax havens. This hidden maneuver...

Canada’s Trade Stumbles as Weak Exports Deepen Deficit

Ottawa, July 4, 2024 - Canada's trade growth is showing signs of slowing down. May saw exports fall to their lowest level in...

BYD Opens First Southeast Asia Plant in Thailand, Making the Country an EV Manufacturing Hub

Rayong, Thailand – July 4, 2024: Chinese automaker BYD has officially opened its first Southeast Asia plant in Rayong, Thailand. The $490 million facility...

Japan Faces Serious Foreign Worker Shortage: Economic Growth at Risk?

Tokyo, July 4 - Japan faces a critical shortage of foreign workers, essential for achieving the country's economic growth targets. According to the state-run...

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