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Tesla and LG Energy Solution Forge $4.3 Billion Battery Partnership in Michigan

Tesla and LG Energy Solution announce a $4.3 billion battery plant in Michigan, focusing on energy storage systems and strengthening the domestic supply chain.

Akur8 Expands into Life and Annuity Market with Strategic Acquisition of Slope Software

Akur8 acquires Slope Software to expand its actuarial AI platform into the Life and Annuity insurance market, creating a unified solution for multi-line carriers.

Independent Bank Acquires HCB Financial in $70.2M Deal, Expanding Michigan Footprint

Independent Bank Corporation to acquire HCB Financial Corp. in a $70.2 million cash and stock deal, expanding its Michigan footprint and enhancing its market position with combined assets of $6.1 billion.

Industries

EU Launches Probe into Goldwind Over Foreign Subsidies; China Cries Protectionism

The European Commission is investigating Chinese wind turbine maker Goldwind over alleged foreign subsidies, sparking criticism from China that the probe is protectionist.

EU Commission Approves Partial Funding for Malta’s Recovery Plan

The European Commission has partially approved Malta's €51.5 million payment request under NextGenerationEU, citing progress in rule of law, green/digital transitions, and healthcare, while noting an unfulfilled tax planning reform milestone.

Tesla and LG Energy Solution Forge $4.3 Billion Battery Partnership in Michigan

Tesla and LG Energy Solution announce a $4.3 billion battery plant in Michigan, focusing on energy storage systems and strengthening the domestic supply chain.

Akur8 Expands into Life and Annuity Market with Strategic Acquisition of Slope Software

Akur8 acquires Slope Software to expand its actuarial AI platform into the Life and Annuity insurance market, creating a unified solution for multi-line carriers.

Pentagon Demands $200 Billion for Iran Conflict Amidst Growing Congressional Concerns

The Pentagon is requesting an additional $200 billion for the Iran conflict, sparking debate and concern in Congress. Reports also highlight potential underestimation of Iran's actions in the Strait of Hormuz.

Qingxian’s makeup brush factories dominate China’s market and beyond

Hu Na is a skilled worker from Cangzhou's Qingxian county in Hebei province, about 170 kilometers southeast of Beijing, who recently demonstrated on e-commerce...

China’s Semiconductor Industry: Overcoming Challenges to Achieve Self-Sufficiency

China's aspiration to compete at the highest levels of chip-making has captured the imagination of its citizens. The country is investing heavily in the...

China International Seed Expo Showcases Cutting-Edge Technology and Innovation

An international seed expo opened on Saturday in North China's Tianjin municipality, with the aim of promoting technological innovation in the seed industry. The...

China’s light industry sees steady growth in 2022, says National Development and Reform Commission data

China's light industry sector achieved steady growth in 2022, according to data from the National Development and Reform Commission. Major enterprises in the sector...

China’s maternal and infant care market reflects changing consumer tastes and preferences

China's maternal and infant care market is expected to experience significant growth, driven by the increasing consumption power of new parents. According to a...

Food Delivery and Ride-Hailing Jobs Overtake Waiter Positions in China’s F&B Industry

A recent job fair at Henan University of Economics and Law sparked a heated discussion after several catering companies recruited dishwashers for a minimum...

Guzhen Town in Guangdong Province Resumes Offline Exhibitions with the 28th China International Lighting Fair

Surrounded by whimsical butterfly- and rabbit-shaped lamps, workers are busy assembling illuminations while others rehearse for the highly anticipated light show at the upcoming...

Improved Market Liquidity and Financial Support Measures Boosting China’s Real Estate Sector Amid Recovery

According to property investment and sales data from the National Bureau of Statistics (NBS), China's real estate market is showing promising signs of a...

Shanghai to witness a boom in shopping mall openings, with 45 new malls set to launch in 2023

Shanghai is poised for a resurgence in the retail sector as the city gears up to welcome a wave of new shopping mall openings...

China and UAE strengthen industrial cooperation with bilateral agreements at JOCIC’s exhibition in Abu Dhabi

The first Chinese Industrial Products Exhibition hosted by Jiangsu Overseas Cooperation and Investment Company (JOCIC) in Abu Dhabi on March 7 attracted over 500...

Industry Experts: China to Promote Clean and Efficient Use of Coal Amid Green Transition

Industry experts say that China will continue to promote the clean and efficient use of coal while advancing technological research and development to ensure...

Chinese Airlines Urge Government for Support in Resuming International Flights

Members of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) have expressed that domestic carriers are looking to increase the...

China’s Tea Exports Maintain Steady Growth in 2022 Despite Pandemic

According to the latest data from the General Administration of Customs, China's tea exports experienced steady growth in 2022, showcasing the country's continued dominance...

China’s Housing Market Sees Double-Digit Growth in Transaction Volume Fueling Market Confidence

The Chinese housing market saw a strong rebound in February, with many cities reporting double-digit monthly growth in housing transaction volume. Experts predict that...

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