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GM hits China‘s market with cheap Baojun cars to meet mass demand

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} For much of the past decade, sales of global automakers were buoyed by demand from China, whose residents have eagerly snapped up locally produced versions of pricey foreign cars such as Daimler’s Mercedes-Benz, Volkswagen’s Audi, and BMW’s namesake sedans. Yet Co. has not only fared well with its premium-priced Buick line, it’s killing […]

Donald Trump says China‘s ZTE to pay $1.3 billion fine to re-open

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} President said the US would allow Chinese telecommunications-equipment maker Corp. to remain in business after paying a $1.3 billion fine, changing its management and board and providing “high-level security guarantees.” In a tweet Friday evening, Trump confirmed a deal that his administration had outlined for members of Congress, according to two people familiar […]

Lenovo makes waves in gaming market with flashy rigs, snazzy LED lighting

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} Lenovo’s making inroads in a field not normally associated with the Chinese company: showier gaming computers. The world’s No. 2 PC maker, long a specialist in workman-like computers, has over the past year touted a Legion line that’s held its own against the hyper-fast liquid-cooled machines offered by Dell Inc.’s and its ilk. […]

IMF MD Lagarde says protectionism Is darkest cloud over world economy

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} The threat of trade is the biggest concern looming over a solid upswing in the global economy, IMF Managing Director said. The “darkest cloud” on the economic horizon is the “determination of some to actually rock the system that has actually presided over the trade relationships that we have all undertaken and enjoyed […]

Modi in Odisha: 4 years of NDA sent shivers down spine of corrupt, says PM

.story-content span,.story-content p,.story-content div{color:#000!important;font-family:‘open sans‘,Arial!important;font-size:15px!important} span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} Prime Minister on Saturday, while addressing a public rally in Odisha’s Cuttack on four years of his government, said the NDA government's commitment to fight corruption has sent "shivers down the spines of many who have come on one platform". Addressing a public rally at the Bali Yatra ground, the Prime Minister said […]

Gangster Abu Salem convicted in 2002 extortion case; sentencing on May 30

span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} A Delhi Court on Saturday convicted gangster in the 2002 extortion case. Salem, who was extradited from Portugal in November 2005, is facing trial in eight cases including the 1993 Mumbai blasts case. The Patiala House court has convicted Salem under 387, 506/507 Sections of the Indian Penal Code (IPC) for demanding Rs 50 million as protection money […]

PM Modi to inaugurate Rs 110-bn Eastern Peripheral Expressway on Sunday

span.p-content div[id^=”div-gpt”]{line-height:0;font-size:0} Prime Minister will travel in an open jeep on the Delhi-Meerut Expressway on Sunday and also inaugurate India's first smart and green highway, the (EPE), built at a cost of Rs 110 billion, Union Minister said on Saturday. The Prime Minister's road show will commence from the Nizamuddin Bridge, the start of the about 9 km first leg […]