The joint venture between General Motors and the Shanghai-based SAIC Motor, SAIC-GM, is set to recall as much as 7.779 vehicles amid defective electronic power steering, including such car models as Chevrolet Camaro and Cadillac ATS-L.
On Sunday, Emirates' spokesman announced that Thierry Antinori, the airline's Chief Commercial Officer, resigned from his position after the Gulf carrier reported a 69% fall in its full-year profit, the weakest reading in a decade, as a strong dollar and rising fuel costs hit the earnings.
China's export container shipping index continued to drop in April amid weak demand in low seasons, according to the Shanghai Shipping Exchange report showing the CCFI to come in at 799.65 last month, down 3.8% from the prior month.
Shanghai General Motors Wuling is set to recall over 19.680 vehicles starting from June 5 due to issues connected to the electronic control unit software of the car engines, the Shanghai Shipping Exchange reported on Sunday.
Alibaba's affiliate Ant Financial is planning to roll out its mutual aid plan aimed at seniors at 60-70 years old, which would be the extended version of the company's online healthcare platform called Xiang Hu Bao.
Volvo Automobile Sales is set to recall 6.223 vehicles in China, including XC90 model produced in the 2014-2016 period, due to safety concerns raised over defects found in the engine cooling system that increase its fire risk.
China National Offshore Oil Corporation is planning to boost international technology collaboration and interchange to become more competitive at the global market, China's energy industry insider reported.
Walt Disney reported its Q2 earning results for the current year exceeded analysts' estimates with an 81% rise to $3.53 from $1.95 in the previous-year quarter.
Toyota Motor considers investing over $2.2B in China to bolster the eco-friendly vehicles production in cooperation with China's GAC Group, as the Japanese carmaker seeks to meet the rising demand for eco-vehicles.
Lithium Australia has tied up with China's battery manufacturer DLG, seeking to supply Australia's market with its lithium batteries and cooperate together on technology development.
Beijing, Shanghai and Hangzhou are the top three China's cities that became leaders in the mobile payment development last year, according to a recent report.
Britain's Conservative Party, led by the Prime Minister Theresa May, dropped to a fourth place in the European election poll, which is well below the new Brexit Party led by Nigel Farage, the Observer newspaper's latest poll showed.
The Israeli PM Benjamin Netanyahu is set to ask the country's President for extra time to establish the government, after receiving a 28-day period to do it with a possible extension of 14 days, according to Israel's law.
Great Wall Motor viewed its 2019 vehicle sales rise 8.65% year-over-year to 367,680 cars during the January-April period, adding its SUV sales surged 2.3% yoy to 298,394 units.
China's leading manufacturer of the new energy vehicles, BYD, reported a 123.1% growth in its sales for the 2019 January-April period due to continuing market boom, saying it had sold 97,183 NEVs this year, compared to 43,555 units last year.
Air France-KLM, Europe's leading airline, reported a 9.2% growth in its passenger traffic last month, as it numbered 7.46M passengers in April, up 8.8% from the previous year's same period.
Volkswagen is set to recall 92,621 defective vehicles in China starting from June 28 amid gearbox control modules and would involve over a dozen models such as Golf, Scirocco, Audi, Sagitar and the Beatle, according to the Chinese market regulator.
China's major brokerage company CITIC Securities reported a sharp decline in its April net profit to 526M yuan, down from its 1.38B yuan in March, according to the company's statement filed with the Shanghai Stock Exchange.
Nissan China and Dongfeng Motor are planning to recall 2.467 defective vehicles, with Dongfeng to phase out 314 Nissan Civilian buses produced between 2012-2013, while Nissan China to recall 2.153 the same model vehicles, manufactured in the 1998-2012 time period.
China's aluminium products export maintains sustainable growth in the Q1, amounting to 1.28M tonnes, which is up 13.1% from the last year's same period, the MIIT reported.
Guangqi Honda Automobile is set to recall 3.316 imported cars in China starting from May 13, including the Acura MDX model, produced between September 2013 and August 2017, the country's State Administration for Market Regulation reported.
The Monetary Authority of Hong Kong granted their approval to issue the virtual banking licences to four entities, including Ant Financial and Tencent Holdings, aiming to encourage financial innovation in ex-Britain's colony.
The trading house Mitsubishi and MUFG Bank are set to extend the total of $1.63B in their funding to Chiyoda, sending about 30 managers and executives in a move to assist the plant-engineering company with recovering from its massive losses.
Insys Therapeutics may file for a bankruptcy due to a cash crunch that resulted from its legal costs related to the US Justice Department inquiry into sales practices for firm's powerful opioid medication.