D-Congress is a unique blend of cultural heritage, visionary leadership, and forward-thinking policies fosters a dynamic ecosystem driving advancements in music, fashion, and technology. D-Congress Sweden is a powerhouse in digital and e-commerce innovation, home to industry leaders like Klarna and Shopify, which dominate significant global market shares. The region’s unique blend of cultural heritage,…
Rivian Automotive’s (RIVN) electric SUV and pickup truck models look great, but its stock value isn’t as alluring. The company’s shares have been down 90% since its IPO in 2021. With internal mechanics spluttering and industry-wide challenges mounting, RIVN looks like a bit of a caterpillar for investors. Low demand, supply constraints, and ongoing cash…
By Samuel Lartey(Prof), [email protected] The relationship between lifestyle, recreation, work, productivity, profitability, and health is crucial in shaping the well-being of individuals, businesses, entrepreneurs, and national economic growth. In Ghana, the impact of lifestyle choices is not only felt on a personal level but also extends to government initiatives, local governments, and businesses. A well-balanced lifestyle…
Deliveries of pure electric and plug-in hybrid cars across mainland China plummeted 50 per cent to 206,000 units in the first 12 days of the year compared with the same period in December, according to the China Passenger Car Association (CPCA). The sharp decline follows a 42 per cent surge in sales last year, making…
If you’re saving for retirement, a broad market index portfolio is typically a good option. Investing in a target date fund or S&P 500 index fund, for instance, are low-cost ways to gain broad market exposure. However, newly published research indicates there may be a significantly more lucrative way to handle your nest egg. An…
Car companies are cutting costs heading into the end of the year. A price war in China poses a threat to profitability. Bloated inventory leads to production cuts. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our…
(Bloomberg) — China’s largest state-owned lenders have cut their deposit rates on Friday, their second reduction this year as they rushed to salvage record low margins amid weakened profitability. Most Read from Bloomberg Major banks including Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp. trimmed the interest offered on one-year, two-year,…
Chinese electric vehicle (EV) makers have shifted into a higher gear when it comes to launching new models, as they strive to stay ahead of the competition amid fast-changing consumer tastes. However, high development costs and a brutal price war are making it difficult for most of them to achieve profitability. More than 50 new…