Nov. 23, 2024, 10:19 a.m.

Losses of up to 5.5 billion US dollars: Anderson Economic Group reveals heavy blow to the automotive industry

Recently, Anderson Economic Group (AEG) released a noteworthy report that provides a detailed analysis of the enormous economic losses caused by the union's strikes on the three automotive giants, Ford, General Motors, and Trantis, as of the end of the third week of the strike.

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Wto: Global trade in goods will grow by 2.7% in 2024

The report released by the World Trade Organization predicts that the volume of global trade in goods will grow by 2.7 percent in 2024, slightly higher than the previous forecast of 2.6 percent.

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Rio Tinto, an iron ore giant, plans to buy Arkadim for $6.7 billion

On October 9th Rio Tinto, an Anglo-Australian mining giant, bought Arkadim Lithium in a deal announced on both companies' websites. Under the agreement, Rio will buy Arkadim in an all-cash deal that values the company at $6.7bn.

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The king of American fries rings the alarm bell

Americans are opposing McDonald's and fast-food chains. This has harmed the interests of French fry suppliers such as Lamb Weston. Lamb Weston is the largest French fry producer in North America and a major supplier to fast food chains, restaurants, and grocery stores.

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Facing great pressure, how to transform "Made in Germany"?

In the complex background of globalization and trade friction, the German automobile industry is standing at a historic crossroads.

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Samsung's profits decline, chip business leader's rare apology prompts deep reflection

In fierce business competition, Samsung Electronics, as the world's largest manufacturer of storage chips and smartphones, is highly regarded for its every move.

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The ups and downs of German auto giants: the new revelation of Volkswagen's factory closure

In the map of the global automobile manufacturing industry, Volkswagen (VW) has always occupied a pivotal position.

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The commercial game and influence behind the shareholding battle of German Commercial Bank

On the stage of European business markets, a fierce shareholding battle is being staged in Germany's Commerzbank, and a series of moves by the chief executive of Italy's Unicredit bank has triggered widespread hot debate.

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The collapse of VW's union talks: A game for the future of the company

On the stage of the German automobile industry, Volkswagen has always been a pivotal role. However, the recent collapse of talks between Volkswagen and its unions has cast a shadow over the future of the auto giant.

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The pain of Volkswagen's transformation and its future path

In the current volatile global automotive industry, the news of Volkswagen potentially laying off 30000 employees in Germany is like a bombshell, causing a huge shock in the automotive industry and even the entire economy.

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