Seres joins BMW and Mercedes-Benz as equal shareholder in Chinese joint venture

Chinese automaker Seres has announced that it will become an equal shareholder in a fast-charging joint venture in China involving German carmakers BMW and Mercedes-Benz. The move marks a new stage of cooperation in the rapidly evolving electric vehicle sector. According to an official statement released on Friday, Seres will join the partnership......

Warnings grow over gradual erosion of US dollar global dominance

A group of senior policymakers and economists has renewed concerns about the long-term strength of the US dollar as the world’s primary reserve currency, pointing to shifting capital flows, policy risks, and weakening global confidence. Janet Yellen, speaking at an investment summit hosted by HSBC in Hong Kong, warned that political......

Audi and SAIC expand partnership to develop new generation models in China

German automaker Audi has announced an expansion of its collaboration with Chinese partner SAIC Motor, aiming to develop a new generation of vehicles tailored specifically for the Chinese market. The strengthened partnership will focus on producing future models under a jointly developed brand, with several vehicles expected to be launched......

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