WHO puts pressure on China
The head of the World Health Organization (WHO) will send a new expert group to China to investigate the origins of the coronavirus. To do so, WHO is asking China …
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H&M sales reports flat sales in recent quarter due to high competition
The Swedish fashion brand, H&M reported flat sales in its recent quarter as it has been struggling with high competition from Zara-owner Inditex and other brands. H&M shares fell more …
H&M sales reports flat sales in recent quarter due to high competition Read More
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The Swedish ministry of Justice has renewed the global visa contract with VFS
The Swedish Ministry of Justice has awarded VFS Global to provide visa services in 37 countries. Under the new agreement, VFS Global will continue to operate on behalf of the …
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China warns of consequences if EU investigates state aid for EV’s
The Chinese government threatens retaliation after the EU Commission announced they will investigate whether electric cars from China are exported to Europe with large state subsidies. According to the Financial …
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Swedish Furetank and Canadian Algoma signs up for more Chinese made Vinga vessels
Swedish shipping company Furetank and Canadian Algoma Central Corporation expands with an order for two additional Chinese build Vinga-class vessels. The new order for Vinga vessels grows the companies joint …
Swedish Furetank and Canadian Algoma signs up for more Chinese made Vinga vessels Read More
EU considers imposing taxes against Chinese EV companies
The European Commission is considering imposing punitive rates to protect EU automakers against cheaper Chinese EV imports. “Global markets are now flooded with cheaper electric cars,” said European Commission President, …
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Chinese car-shipping vessel delivered to Norwegian SFL
Norwegian SFL Corporation Ltd. received a car-shipping vessel, manufactured in China on Tuesday, September 12. The ship is dual-powered by liquefied natural gas to fulfill current emission requirements. The vessel, …
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Finnish firm optimistic on China’s shipping business
Finnish Wartsila Corp, that provides power solutions for the marine and energy market, plans to produce more dual-fuel and methanol-powered marine engines. The company has stated, that they seek opportunities …
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Vagabond opens Tmall concept store
Swedish footwear brand, Vagabond, has opened an official concept store via Chinese TMall. The brand states that it’s aiming to expand within the Asian market by launching a selection of …
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Danish Arla Foods and Chinese Zhongbai Xingye signs new agreement
The Danish Milk- and whey-based ingredients supplier, Arla Foods Ingredients, has signed a new agreement with China-based Zhongbai Xingye Food Technology Company, Ltd. The agreement continues the two companies’ partnership …
Danish Arla Foods and Chinese Zhongbai Xingye signs new agreement Read More