Author Archives

• Albemarle, world No.1 lithium miner, to monitor aquifers beneath Chilean desert

  By admin1 on February 10, 2020 • ( 0 )

  

  With Chile’s residents and Chilean courts ringing the alarm on depleted water supplies in the country’s Atacama salt flat, Albemarle, the world’s top lithium miner had filed a proposal in December to monitor water flows beneath the parched desert floor…. Read More ›

• Amazon.com Inc pulls out of Mobile World Congress 2020

  By admin1 on February 10, 2020 • ( 0 )

  

  Amazon.com Inc has pulled out of the Mobile World Congress citing China’s coronavirus outbreak. “Due to the outbreak and continued concerns about the new coronavirus, Amazon will withdraw from exhibiting and participating in Mobile World Congress 2020,” said Amazon in… Read More ›

• Kia Motors suspends production at two South Korean factories citing shortage of auto parts

  By admin1 on February 10, 2020 • ( 0 )

  

  On Monday, in a statement Kia Motors said, production at three car plants in South Korea have come to a grinding halt due to a shortage of auto parts. Production at Kia Motors’ Gwangju and Sohari plants will be suspended… Read More ›

• Foxconn’s Zhengzhou plant resumes operations

  By admin1 on February 10, 2020 • ( 0 )

  

  On Monday, as per a source with direct knowledge of the matter at hand, Foxconn has received approval to resume production at its plant in Zhengzhou in northern China. Around 16,000 people have returned to the plant, said the source… Read More ›

• Coronavirus adds pressure to China’s pork prices and supplies

  By admin1 on February 9, 2020 • ( 0 )

  

  An official from China’s agriculture ministry told a briefing on Sunday that the coronavirus outbreak has led to a delay in the launch of a new pig breeding program which i has piled on more pressure on pork prices and… Read More ›

• Tesla can avail state subsidies for its Gigafactory: German economy minister Peter Altmaier

  By admin1 on February 9, 2020 • ( 0 )

  

  In an interview to a German weekly newspaper, Germany’s economy minister stated, Tesla could avail state subsidies if it were to set up a gigafactory in the country. “In my conversations with (Tesla CEO) Elon Musk I have always made… Read More ›

• China’s coronavirus casts shadow in M&A space: China’s Melco Resorts abandons stake purchase in Australia’s Crown Resorts

  By admin1 on February 7, 2020 • ( 0 )

  

  China’s coronavirus outbreak has claimed it first big M&A deal. Melco Resorts & Entertainment Ltd, a Macau casino operator, has decided to not pursue its purchase of a stake in Australia’s Crown Resorts Ltd citing a plunge in traveler numbers… Read More ›

• Consultations with U.S. disaster-related clause in Phase-1 agreement could start after Q1: Global Times

  By admin1 on February 6, 2020 • ( 0 )

  

  On Thursday, the Global Times, published by China’s People’s Daily newspaper of the country’s ruling Communist Party said, Beijing is weighing the option of using a disaster-related clause in the Phase-1 trade deal with the United States following the outbreak… Read More ›

• China will cut tariffs on select U.S. products by 50%

  By admin1 on February 6, 2020 • ( 0 )

  

  On Thursday, China said it will reduce tariffs on select goods which it imports from the United States by 50% starting from 1:01 p.m. local time (0501 GMT) on February 14 and said, it hopes to work with the U.S…. Read More ›

• Britain eyeing Free Trade Agreement with Australia

  By admin1 on February 6, 2020 • ( 0 )

  

  Now that Britain has left the European Union, Britain hopes to clinch a free trade deal with Australia, said British Foreign Secretary Dominic Raab. Britain hopes to sign a free trade deal with Australia as one of its first trade… Read More ›