flounders

BYD enjoys yet another blockbuster quarter as Tesla flounders

April 2, 2025

[HONG KONG] China’s BYD enjoyed a strong start to 2025, with sales up 58 per cent in the first quarter versus the same period of last year.The nation’s best-selling...

Intel CEO Gelsinger leaves as chipmaker’s turnaround flounders

December 2, 2024

INTEL chief executive officer Pat Gelsinger, who was hired in 2021 to lead an ambitious turnaround of the iconic chipmaker, will leave the job after the comeback sputtered and...

China targets EU dairy just as its own milk industry flounders

September 4, 2024

CHINA’S anti-subsidy probe of dairy imports from the European Union comes at a time when the local industry is on its knees. Limiting shipments from the EU could relieve...