Poor performance at GM's China joint ventures leads to $5 billion charge for automakerGM is facing over $5 billion in asset write-downs and restructuring charges due to poor performance of its Chinese joint ventures.
Why Detroit's 'Isolationism' Won't Stop China's EV IndustryWestern automakers may need to collaborate with Chinese firms to remain competitive in the evolving EV market.
This Chinese Company Throws A Wrench Into The Nissan-Honda MergerNissan's N7 sedan, developed with Dongfeng Motor, lacks excitement and may be at risk due to the Nissan-Honda merger.
Losses in China lead to $5B charge for General Motors as it cuts the value of its assets | CBC NewsGM faces over $5 billion in write-downs due to poor performance in Chinese joint ventures.The automaker anticipates a full year net profit despite massive losses.
Poor performance at GM's China joint ventures leads to $5 billion charge for automakerGM is facing over $5 billion in asset write-downs and restructuring charges due to poor performance of its Chinese joint ventures.
Why Detroit's 'Isolationism' Won't Stop China's EV IndustryWestern automakers may need to collaborate with Chinese firms to remain competitive in the evolving EV market.
This Chinese Company Throws A Wrench Into The Nissan-Honda MergerNissan's N7 sedan, developed with Dongfeng Motor, lacks excitement and may be at risk due to the Nissan-Honda merger.
Losses in China lead to $5B charge for General Motors as it cuts the value of its assets | CBC NewsGM faces over $5 billion in write-downs due to poor performance in Chinese joint ventures.The automaker anticipates a full year net profit despite massive losses.
ESPN-Fox-Warner Bros. Shut Down Joint Streaming App Venu SportsVenu Sports, a streaming app from major networks, has been discontinued due to strategic considerations and legal challenges.
Venu Sports shuts down before it ever launchesVenu, the live sports streaming service, will not launch due to legal and market challenges.
Loft Orbital forms joint venture with UAE-based firm to scale satellite production in the Middle East | TechCrunchUAE invests over $100 million in joint venture to expand satellite manufacturing, marking a significant move for its space ambitions.
Is Selling Your Business the Only Way Out of Burnout? Here Are Five Alternatives to Consider Instead. | EntrepreneurEntrepreneurship burnout is a real concern for small business owners, with 75% worried about their mental health.
Aflalo Equities Plan Apartments, Retail in Beverly HillsPlans to develop four Beverly Hills properties for multifamily and retail spaces are underway by Aflalo Equities.The projects involve partnerships, joint ventures, and financing arrangements with other companies for development in the neighborhood.