Tag #Global Business

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lemonde.fr

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Nov 8, 07:02

Temu Faces Backlash in Southeast Asia and Europe

Temu, a Chinese online platform, faces pushback in Southeast Asia and the EU over unfair competition and product compliance issues.

Temu Faces Backlash in Southeast Asia and Europe

Temu, a Chinese online platform, faces pushback in Southeast Asia and the EU over unfair competition and product compliance issues.

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What is the European Union's stance on Temu and its products?

The European Union has also launched an investigation into Temu for non-compliance of some of its products, considering the possibility of removing tax exemptions for products from outside the EU under 150 euros.

english.kyodonews.net

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Nov 7, 16:28

Nissan Cuts 9,000 Jobs Amidst Financial Struggles

Nissan announces 9,000 job cuts and a 20% reduction in production capacity due to weak performance in the US and China.

Nissan Cuts 9,000 Jobs Amidst Financial Struggles

Nissan announces 9,000 job cuts and a 20% reduction in production capacity due to weak performance in the US and China.

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What are the main reasons behind Nissan's poor performance?

The job cuts and production reduction are in response to struggling businesses in the U.S. and China, where increased incentives and competition with affordable EVs have hurt sales.

Showing 37 to 38 of 38 results