German car industry could be sold to Сhina – Putin aide — RT Business News

German car industry could be sold to Сhina – Putin aide — RT Business News

Source link Mercedes, BMW, and other European carmakers will likely “fade into history” within the next decade, Maksim Oreshkin has warned China is rapidly gaining market capitalization in the global automobile sector, while European carmakers are losing competitiveness, Maksim Oreshkin, Russian President Vladimir Putin’s top economic adviser, told Expert magazine in an interview published on […]


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American steelmaking giant sold to foreign company — RT Business News

American steelmaking giant sold to foreign company — RT Business News

Source link Japan’s Nippon Steel has agreed to buy US Steel in a takeover valued at $14.9 billion US Steel, a symbol of American industrialization and once the largest corporation on the planet, has agreed to a takeover by Japan’s Nippon Steel in a $14.9 billion deal that lawmakers from both of Washington’s major political […]