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Several thousand vehicles from German luxury car brands Audi and Porsche are stuck on board ships at ports in the United States because of customs issues involving a Chinese-made part. Both brands belong to German auto giant Volkswagen (VW) and include parts manufactured by VW suppliers in western China, including in the Xinjiang province, which has been the focus of widespread international attention and human rights concern over China's treatment of the Muslim Uyghur minority. "We are working
The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow's mayor as showing the resilience of Russia's auto industry to Western sanctions. "This is a historic event," Sergei Sobyanin said as the Moskvich was unveiled at a factory the Moscow government took from French carmaker Renault last year for just one rouble ($0.01). But the rebirth of the Moskvich is also a sign of China's growing sway over an important sector of Russia's economy.
The Western automakers that dominated Russia's car market left following Moscow's invasion of Ukraine, leaving a slumping production and sales in their wake, with domestic producers and Chinese firms picking up the pieces. One of the first Western carmakers to exit, France's Renault in May 2022 sold its majority stake in carmaker Avtovaz and its Moscow factory with annual capacity of 150,000 vehicles to the Russian state, each for one rouble, sources told Reuters at the time. The deal gave Renault a six-year buyback option on its Avtovaz stake.