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China's Chery takes over former Nissan car factory in South Africa

By Nqobile DludlaChina's Chery HKEX:9973 formally took over Nissan's car manufacturing plant in Rosslyn on Friday under a deal that was announced in January, and executives said the company will spend millions of dollars upgrading and adding machinery ahead of starting vehicle production in…

Reuters en_IN
StocksCN
NEWS zacks

Is International Expansion the Key to Victoria's Secret's Next Leg?

Victoria’s Secret & Co. VSXY is seeing growing contributions from its international business, underscoring the importance of overseas markets in its long-term growth strategy. In the first quarter of 2026, international sales increased 44.9% year over year to $287.4 million, significantly outpacing…

Zacks en_IN
StocksCNUS
zacks

Wendy's Eyes China Expansion: Can It Unlock the Next Growth Cycle?

The Wendy’s Company WEN is sharpening its focus on international expansion as it works through a challenging U.S. turnaround. The company recently signed a franchise agreement to build up to 1,000 restaurants across China over the next 10 years, marking the largest development agreement in Wendy’s…

Zacks en_IN
StocksCN
dow-jones

Alibaba Set to Ban Staff From Using Claude Over Security Fears

By Raffaele HuangChina's Alibaba plans to ban employees from using Anthropic's Claude Code at work over concerns about potential security risks, according to people familiar with the matter.The move comes in the wake of a post on online forum Reddit earlier this week alleging that a version of the…

Dow Jones Newswires en_IN
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