SHANGHAI, Dec 21 (Reuters) – China’s imposition of a $210 million fine for tax evasion on Viya, an internet celebrity dubbed ‘the queen of livestreaming’, highlights how quickly the industry has grown to become one of the country’s most popular sales channels in a few short years. Top Western brands from L’Oreal (OREP.PA) to Louis… Continue reading TechnologyFactbox: ‘Oh my God, buy it!’ How livestream shopping works in ChinaChina’s imposition of a $210 million fine for tax evasion on Viya, an in…
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EXCLUSIVE Geely, Renault to soon announce hybrid-focused auto JV for Asia – sources
Geely to possibly gain manufacturing foothold in S.Korea-sources Geely looking to use deal to export duty-free to U.S. -sources Deal will help Renault restart operations in China Deal will help create new hybrid-focused Renault brand BEIJING, Dec 21 (Reuters) – Geely Holding and France’s Renault are likely to soon announce a deal to jointly produce… Continue reading EXCLUSIVE Geely, Renault to soon announce hybrid-focused auto JV for Asia – sources
Ferrari plans new leadership structure, three top manages to leave
A man drives a Ferrari luxury car in Ferrari’s hometown of Maranello, Italy, October 9, 2015. REUTERS/Stefano Rellandini/File Photo Register now for FREE unlimited access to Reuters.com Register MILAN, Dec 20 (Reuters) – Luxury sports car maker Ferrari (RACE.MI) announced plans on Monday to shake up its leadership structure, in one of new boss Benedetto… Continue reading Ferrari plans new leadership structure, three top manages to leave
GM to extend production halt for Chevrolet Bolt EV through February
FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Dec 20 (Reuters) – General Motors Co (GM.N) said Monday it is extending a production halt at its… Continue reading GM to extend production halt for Chevrolet Bolt EV through February
U.S. motor vehicle travel rose by 7.1% in October over 2020 levels
Travelers are stuck in a traffic jam as people hit the road before the busy Thanksgiving Day weekend in Chicago, Illinois, U.S., November 21, 2017. REUTERS/Kamil Krzaczynski/File Photo WASHINGTON, Dec 20 (Reuters) – U.S. motorists drove 7.1% more miles in October over 2020 levels as people return to offices and leisure trips, but the distance… Continue reading U.S. motor vehicle travel rose by 7.1% in October over 2020 levels
Toyota to halt production at 5 factories in January due to supply chain issues
A Toyota Mirai fuel cell vehicle awaits final inspection at a Toyota Motor Corp. factory in Toyota in Aichi Prefecture, Japan, April 11, 2019. Picture taken on April 11, 2019. REUTERS/Joe White TOKYO, Dec 20 (Reuters) – Toyota Motor Corp (7203.T) said on Monday it would suspend production at five domestic factories in January due… Continue reading Toyota to halt production at 5 factories in January due to supply chain issues
From metaverse to DAOs, a guide to 2021’s tech buzzwords
Dec 20 (Reuters) – This year, tech CEOs drew inspiration from a 1990s sci-fi novel, Reddit investors’ lexicon seeped into the mainstream as “diamond hands” and “apes” shook Wall Street, and something called a DAO tried to buy a rare copy of the U.S. Constitution. If you’re still drawing a blank as 2021 wraps up,… Continue reading From metaverse to DAOs, a guide to 2021’s tech buzzwords
SenseTime relaunches $767m Hong Kong IPO after US investment ban
The logo of artificial intelligence (AI) startup SenseTime is seen at its office in Hong Kong, China August 18, 2021. Picture taken August 18, 2021. REUTERS/Tyrone Siu/File Photo/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, Dec 20 (Reuters) – Chinese artificial intelligence start-up SenseTime Group (0020.HK) relaunched its $767… Continue reading SenseTime relaunches $767m Hong Kong IPO after US investment ban
How SAP uses ‘social sabbaticals’ to retain employees
SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, Dec 20 (Reuters) – The pandemic era upended the world in all sorts of ways, but one of the most fascinating is the so-called ‘Great Resignation.’ Employees are moving out… Continue reading How SAP uses ‘social sabbaticals’ to retain employees
China summons Quora-like Zhihu for unlawful release of information
A sign above an office of the Cyberspace Administration of China (CAC) is seen in Beijing, China July 8, 2021. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register BEIJING, Dec 20 (Reuters) – The Beijing cyberspace regulator said on Monday that the Cyberspace Administration of China (CAC) had asked it to summon… Continue reading China summons Quora-like Zhihu for unlawful release of information