China’s auto industry needs to boost rural car sales

chinas suffering car industry
Finance
World

China’s auto industry needs to boost rural car sales

China’s auto industry executives met with government officials over the weekend to talk about ways to promote increased auto sales in rural areas, sources familiar with the matter said. The country’s car manufacturers are grappling with the pressures of falling sales in the world’s biggest car market and are looking for new policies. A senior […]

Read More
good news for 737
World

Good news for the grounded 737 MAX at last

Boeing on Monday said it anticipated U.S. regulators to approve the return to commercial use of its grounded 737 MAX jet in the coming months. Its shares jumped as investors grew more optimistic that the planemaker had addressed software issues at the heart of two fatal crashes. Boeing said it expected that the U.S. Federal […]

Read More
teslas new chinese factory
Finance
World

Teslas first Chinese made vehicles launched

Tesla stocks are rising after the company introduced the first vehicles developed in China in its Shanghai gigafactory, which broke ground in January. The blue Model 3 sedans feature the Tesla title in Chinese lettering. The vehicles start at about $50,000 each. The Shanghai gigafactory, the first plant in China wholly owned by a foreign […]

Read More
roger ng
Finance
World

Former Goldman Sachs banker and to face trial in Malaysia

(image courtesy of reuters.com) Roger Ng is a former Goldman Sachs banker and will face trial in Malaysia in April for allegedly abetting the sale of $6.5 billion in bonds tied to troubled state fund called 1Malaysia Development Berhad (1MDB), a judicial official said on Wednesday. It’s reported that Malaysia had briefly surrendered Ng for […]

Read More