BYD reclaims top spot as Iran war drives global EV demand
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despite global efforts to diversify, according to a new survey by the EU Chamber of Commerce.
UK shop price inflation rose to 1.2% in May from 1.0% in April as retailers continued to face mounting cost pressures across supply chains, according to new industry data.
In an era of intensifying strategic competition, many U.S. companies remain heavily dependent on China for both revenue and manufacturing, underscoring the limits of rapid economic decoupling.
Chinese President Xi Jinping praised the “unbreakable friendship” between China and Pakistan as he met Pakistani Prime Minister Shehbaz Sharif in Beijing on Monday, a day after companies from both countries signed cooperation agreements worth $1.22 billion.
A government-mediated agreement has suspended an 18-day walkout by about 48,000 Samsung union members, easing fears of damage to South Korea's economy and global chip supply.
South Korea’s Samsung Electronics is facing its largest potential labour action in years, with tens of thousands of workers preparing for a prolonged strike over bonuses and profit-sharing at a time when the company is benefiting from a global artificial intelligence (AI) driven chip boom.
TUI has reported sustained demand for holidays despite the Iran war, as the world’s biggest travel company posted lower-than-expected quarterly losses and said bookings for the second half of the year remained strong.
China is stepping up efforts to boost domestic spending and U.S. retail giant Walmart is expanding across the country to meet demand.
China has urged the European Union to take its concerns seriously over new cybersecurity and digital regulations, warning they could create difficulties for Chinese companies operating in Europe.
Netflix shares fell sharply on Friday after the streaming group issued a weaker-than-expected outlook and said chairman and co-founder Reed Hastings will step down from the board.
AmerAmerican businesses are preparing for a major moment next week as the U.S. government launches a long-awaited system to return billions in unlawfully collected tariffs.
Uzbekistan is advancing plans to reduce the state’s role in the economy while introducing a VAT refund system for foreign visitors, as part of broader efforts to attract investment and boost tourism.
A French fashion label is placing China at the heart of its global ambitions, choosing Shanghai for its worldwide debut in a move that shows growing confidence in the country’s consumer market and cultural influence.
Walt Disney is planning to cut up to 1,000 jobs in the coming weeks, with many of the reductions expected to affect its marketing division, The Wall Street Journal reported on Wednesday, citing sources familiar with the plans.
Turkish President Recep Tayyip Erdoğan has said Türkiye aims to rank among the world’s top ten exporters of defence technology within the next two years.
Trade between Georgia and Azerbaijan is on the rise, but business leaders say the current figures fall short of what the two neighbours could achieve together.
The French government’s bid to suspend the marketplace of Chinese online retailer Shein in the country has been overruled by a Paris Court of Appeal.
TikTok’s Chinese owner, ByteDance, has finalised a deal to create a majority American-owned joint venture that will secure U.S. user data, safeguarding the popular short-video app from a potential U.S. ban. The move comes after years of political and legal battles over national security concerns.
Last year, China’s imports hit a record value of 18.48 trillion yuan ($2.65 trillion). For decades, the orthodox view of the Chinese economy focused almost exclusively on its export prowess. However, the granular breakdown of the 2025 data reveals that this operating model has been superseded.
The Turkish Competition Authority carried out an early-morning raid on online retailer Temu’s Istanbul office on Wednesday (21 January), the regulator and a company spokesperson said, as scrutiny of the Chinese-owned platform’s business model intensifies.
Uzbekistan plans to establish production facilities in Qatar as part of a strategy to expand exports and strengthen its presence in Gulf markets.
American investor Jim Rogers has confirmed that he has acquired shares in a broad range of Uzbek companies listed on the country’s stock exchange, describing Uzbekistan as an increasingly attractive destination for long-term investment.
You can download the AnewZ application from Play Store and the App Store.