GlobalStrategy

AstraZeneca Strives for Recovery Amidst China Probe with New R&D Hub in Beijing

2 months ago

In a bold move following a recent investigation by Chinese authorities, AstraZeneca is setting up a new research and development hub in Beijing. This initiative marks the pharmaceutical giant's commitment to deepening its presence in China and pivoting past the scrutiny that has affected its operations in the region.

Commerzbank Restructuring: Major Workforce Cuts in Frankfurt Amid Global Expansion

3 months ago

In a significant move that underscores the changing landscape of the banking industry, Commerzbank has announced its decision to drastically reduce its workforce in Frankfurt, Germany. This decision has stirred considerable discussions regarding the bank's strategic direction, as it simultaneously looks to bolster its presence in international markets by hiring abroad.

Tesla's Potential Best Quarter in China Raises Expectations

8 months ago

Tesla Inc. is at an edge of achieving a feat in one of its most strategically important markets: China. According to the latest reports, the electric vehicle maker is on pace to set the best quarterly sales output within the Asian powerhouse. The expected feat is re-escalating the stakes as well as expectations among investors and industry analysts alike.