Growth in domestic and foreign sales is expected to boost the sector’s post-Covid recovery Chinese carmakers sold 1.76 million vehicles in foreign countries in the first five months of 2023, marking growth of 81.5% compared to the same period last year, according to statistics from the China Association of Automobile Manufacturers (CAAM).
){kind=link}
Western restrictions have forced entrepreneurs to reinvest in Russia, the outlet says Russia’s richest business figures continue to reap huge profits from their operations but, because of Western sanctions, they are reinvesting in their own country, Bloomberg reported on Friday.
){kind=link}
The Hungarian-American billionaire is frequently accused of using his wealth to meddle in political affairs George Soros, the billionaire financier and philanthropist who frequently uses his wealth to advance progressive causes, is handing over his business interests to his “more political” son Alexander. The Hungarian-American made the announcement in an interview published in the Wall Street Journal…
){kind=link}