Chinese electric vehicle giant BYD has agreed to a deal with Forvia to supply its second European factory located in Türkiye, the French car parts supplier announced on Monday. The world’s seventh largest car parts supplier by revenue, whose Chinese sales account for a quarter of total revenue, Forvia is a long-time partner of BYD, […]
Xiaomi captured the #2 spot in terms of global smartphone sell-through volumes in August 2024, the first time after August 2021, even as its sales volumes remained flat MoM, compared to Apple’s seasonal decline during the same period according to preliminary numbers from Counterpoint Research’s Smartphone 360 Monthly Tracker. Xiaomi has been one of the […]
European leaders have vowed to work with Donald Trump after he declared victory in the US presidential election, even as they agonize over the implications of his return to the White House, such as a more protectionist economy and the level of support that Ukraine will be provided. According to the Financial Times on November 6, after […]
The Russian presidency of BRICS 2024 could not have chosen a more multicultural and multi-nodal site to host a summit laden with enormous expectations by the Global Majority. The southwestern Russian city of Kazan, on the banks of the Volga and Kazanka rivers, is the capital of the semi-autonomous Republic of Tatarstan, renowned for its […]
The so-called “fifth-generation” fighters are the future of manned combat aviation in the next 30-50 years. Thus, many countries are racing to field such aircraft as soon as possible. For the time being, the United States and NATO are in the “lead”, as they’re producing by far the largest number of these jets (exclusively the troubled […]
Russian President Vladimir Putin disappointed both anti-colonial enthusiasts and Western alarmists by conceding that the bloc’s members “have not built and are not” building a payment system to challenge the US dollar-based global banking system. The leaders of the two economic giants present at the BRICS summit, China’s Xi Jinping and India’s Narendra Modi, did […]
China’s approach to smart city development offers valuable lessons for countries in the Global South. While the approach may differ from Western models, China’s strategic use of technology, system integration, focus on economic growth, and partnerships provide a roadmap that can be adapted to developing nations. China’s emphasis on economic growth is driven by the […]
Kazan has not let go of the BRICS agenda, said Minister of Youth of Tatarstan Rinat Sadykov. Today, 30 October, the programme of the meeting of the Youth Council of the association started in the capital of the republic. The official opening took place on 30 October, while the arrival of participants and registration are […]
The National Association of Builders (NOSTROY), Russia’s largest association of self-regulatory organisations in the construction sector, is set to expand its workforce on various construction sites in the country by attracting qualified specialists from India. The initiative, as outlined by NOSTROY President Anton Glushkov on Friday, aims at enhancing the quality and expertise of the […]
As global automakers, including Hyundai Motor Co, withdrew from Russia after the outbreak of the Russian-Ukrainian war, China quickly filled the void, controlling more than 60 percent of the country’s car market. While auto sales in Russia have recently shown a clear recovery, it will be difficult for the global automakers to regain their lost […]
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