On Wednesday, in a statement KKR, a private equity firm, said it aims to acquire John Laing Group in a deal that values the British infrastructure investor at around $2.84 billion (2 billion pounds). The development makes John Laing the… Read More ›
Day: May 19, 2021
Vietnam temporarily suspends Foxconn’s plants after COVID-19 outbreak
In a statement, Vietnam’s People’s Committee of the northern province of Bac Giang ordered four industrial parks, including three which house the production facilities of Taiwan’s Foxconn to temporarily shut down because of a COVID-19 outbreak. The People’s Committee said these… Read More ›
Despite China’s anti-Australia rhetoric, Beijing continues to be Australia’s biggest trading partner
Despite China’s anti-Australia rhetoric, ongoing trade between the two countries is evidence of the ongoing relationship, pointed out Australian Prime Minister Scott Morrison. Beijing’s criticism of Australia is aimed at its domestic audience for political gains. While bilateral relationship between… Read More ›
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