An organized network of North Korean nationals working under false identities across American and European firms is generating foreign currency and gathering intelligence for the regime.
Despite Chinese carmakers gaining global market share with high-quality, cheaper vehicles, the US auto industry remains reluctant to adopt "reverse tech transfer" from China, a shift from decades of Western companies sharing technology for market access.
A new survey indicates that the majority of Russians wish for Western companies to return, as Chinese and domestic manufacturers have not fully replaced the quality of Western goods since the war began, particularly in one product group.
An investigation reveals that several Western companies have missed the deadline to exit Russia's primary drone production site, raising questions about their continued presence amid international sanctions.
Chinese engineers have finalized the design for the country's first tourist submarine, which will be capable of diving to an ocean depth of 1,000 meters, directly challenging Western companies in the luxury diving market.
Microsoft reports that North Korean agents are leveraging AI technology, including voice-changing tools, to mask their identities and secure remote IT jobs with Western companies, funneling their wages back to North Korea.
In China, the market is only one part of the reality, with the state being the most important stakeholder. Western companies must adapt to this unique environment where government influence is paramount.
After more than two decades of socialism, Venezuela's oil industry is slowly seeing the return of Western companies, aiming to revive the oil-rich nation's struggling economy.
The Economist reports that war is a significant catalyst for military innovation, highlighting that Ukrainian defense firms are producing new weapons faster and more affordably than most Western companies.
North Korean agents have been infiltrating Western companies by posing as remote IT workers, using fake identities and resumes to circumvent sanctions and fund their regime.
US medical equipment company Stryker continues to face disruption from a cyberattack, with experts now warning that this Iran-linked incident could be the initial strike in a series of attacks targeting Western companies and data centers.
The AI economy experienced significant stock market volatility as investors reacted to a surprising challenge from Chinese chipmakers to the dominance of Western companies.
A flurry of deals is taking place in the rare earths market as a small group of Western companies compete for assets, aiming to gain first-mover advantage and loosen China’s significant grip on this critical sector.
Chinese engineers are constructing a new submersible designed to take tourists 1000 meters deep, aiming to compete with Western companies offering similar deep-sea diving experiences.
For years India’s economy was driven by its vast services sector that saw millions of people working away in low-cost back offices providing consultancy for predominantly Western companies.
But over the past decade they have given way to centres that allow firms to tap top-tier talent and technology, where white-collar staff perform tasks ranging from IT and data analytics to innovation and design.
Today, these centres are the shiniest parts of India’s red-hot economy but not everyone has bee...