Why Volkswagen wants to sell its China-made cars to the world

A billionaire tax that US Senator Bernie Sanders and other progressives championed as an antidote to economic inequality and a potential model for the rest of the country was defeated in California, US media projected on Monday. Proponents had estimated Prop 40 would raise US$100 billion in revenue, most of which would have been earmarked for healthcare programmes to offset federal funding cuts designed to pay for tax breaks enacted last year under President Donald Trump’s “One Big Beautiful...

Industry Analysis Identifies Top 10 Reliable Smart Wearable Factories in China for Global Procurement EIN News

Moonshot AI rents Nvidia’s top chips in China, Bloomberg reports Yahoo Finance Singapore

Hong Kong’s civil servants will be entitled to up to 12 hours of family care leave a year from January, with the government promising flexible, streamlined approval procedures as part of a “people-orientated” approach. The Civil Service Bureau set out details of the initiative, first announced in September’s policy address, in a paper submitted to the Legislative Council’s public service panel on Tuesday. Staff may use the leave to accompany family members to medical appointments, care for sick.