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It looks like the glory days of luxury are over for LVMH, at least for now

Wed, 10/16/2024 - 07:17

Tech Insider

Louis Vuitton — Miguel MEDINA / AFP

Retail, LVMH, Luxury, Earnings, China

BMW CEO: A 2035 gasoline ban will hit the European car industry 'in its heart' and make it reliant on Chinese batteries

Wed, 10/16/2024 - 01:06

Tech Insider

BMW CEO Oliver Zipse speaking at a factory in Berlin, Germany. — BMW CEO Oliver Zipse said the EU's ban on gasoline cars could "threaten the European automotive industry in its heart."
Maja Hitij via Getty Images

Transportation, insider-news, BMW, EU, EV, Gasoline, China

Video shows one of Taiwan's F-16s tracking a Chinese J-15 fighter jet with its sniper pod during war games

Tue, 10/15/2024 - 15:24

Tech Insider

A Chinese fighter jet flies above with some decoy flares soaring behind it against a blue sky. — China's Liaoning aircraft carrier participated in Monday's massive "Joint Sword-2024B" exercise, in which China simulated military action against Taiwan.
Zheng Shuai/VCG via Getty Images

Military & Defense, Defense, China, Taiwan, F-16, J-15

A record-breaking 153 Chinese warplanes flew around Taiwan in war games meant as a warning

Tue, 10/15/2024 - 11:58

Tech Insider

Two Taiwanese fighter jets, one close-up and one in the distance, fly in a blue sky. — Taiwan said its military continued to monitor and respond to massive Chinese military drills.
Daniel Ceng/Anadolu via Getty Images

Military & Defense, Defense, China, Taiwan

We should be learning from Chinese EV players, not shutting them out of Europe — auto bosses say

Tue, 10/15/2024 - 10:00

Tech Insider

Stellantis CEO Carlos Tavares — Stellantis CEO Carlos Tavares said the company had decided to "hop on their train instead of letting it run us over" through its partnership with Chinese firm Leapmotor.
FREDERICK FLORIN/AFP via Getty Images

Transportation, trending-uk, Stellantis, BMW, renault, EVs, Europe

This Chinese EV maker is up for a battle with Elon Musk in China

Tue, 10/15/2024 - 05:46

Tech Insider

Brian Gu, the co-president of Chinese EV startup Xpeng. — Chinese EV players have been shut out of the US by tariffs.
PETER PARKS/AFP via Getty Images

Transportation, trending-uk, Xpeng, tesla, elon-musk, China, Tariffs

China's luxury market has been in a slump, and we're about to find out how bad it really is

Tue, 10/15/2024 - 03:53

Tech Insider

LV China — Luxury brands in China have been struggling amid a prolonged consumer spending slump.
Cheng Xin/Getty Images

Retail, LVMH, China

Even the strongest pillar of the Chinese economy is showing signs of weakness

Tue, 10/15/2024 - 03:19

Tech Insider : Economy

Cargo ships dock at the berth to load and unload containers at the container terminal in Lianyungang Port, East China's Jiangsu province. — China's strong export growth is facing headwinds due to slowing global demand.
CFOTO/Future Publishing/Getty Images

economy, China, chinese-exports, Export, Exports

China has built a giant Osprey-like drone that engineers say can carry 10 passengers and fly at 340 mph

Tue, 10/15/2024 - 02:45

Tech Insider

Dozens of Chinese engineers hold a sign to celebrate the finishing of the Lanying R6000 prototype. — United Aircraft's team stands before the Lanying R6000 prototype with a sign that says the drone was just rolled off the assembly lines.
United Aircraft/Weibo/Screenshot

Military & Defense, China, drone, v-22-osprey

From solitary confinement in China to self-exile in Taiwan: Inside a Hong Kong bookshop owner's fight to keep the free press alive

Mon, 10/14/2024 - 20:14

Tech Insider : Politics, Politics

Lam Wing-kee at Causeway Bay Books' former location in Taipei, Taiwan. — Lam Wing-kee at Causeway Bay Books' former location in Taipei, Taiwan.
Huileng Tan/Business Insider

politics, Small Business, politics, Retails, bookstore, China, hong-kong

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