Alibaba reduces stake in GoGoX amid Hong Kong logistics services firm’s mounting losses, as it faces cutthroat competition on the mainland

Alibaba, which owns the South China Morning Post, has cut its GoGoX stake four times over the past two months, slashing its equity holding to 8.89 per cent as of late December from 12.23 per cent in mid-2023, according to Hong Kong stock exchange records. Following those moves, the biggest shareholder of GoGoX remains billionaire … Read more

The uncertain future of the India-Middle East-Europe Corridor – POLITICO

Anchal Vohra is an international affairs commentator and was based in Beirut until recently. The India-Middle East-Europe Corridor (IMEC) was launched on the sidelines of the G20 summit in New Delhi amid much fanfare. A key pillar of United States President Joe Biden’s Indo-Pacific and Middle East strategies, the American leader hailed the project as … Read more

Is your new car on a storage compound? Inside Kia’s scheme to deliberately withhold deliveries

New Kia vehicles that have arrived from overseas are sitting on a storage lot in Wolverton, Ont., purposely locked up even though customers have been waiting months and months — some well over a year — to get their vehicles. The new cars are being withheld from Kia’s Ontario dealerships — and reportedly from many more … Read more

Rising with the machine: AI and the future of work

Rising with the machine: AI and the future of work Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the … Read more