On Thursday, in a statement China’s commerce ministry said, Beijing resolutely opposes the 2020 U.S. defense draft against Chinese firms and urges Washington to go beyond political leanings and create favorable conditions for Chinese companies. China is closely monitoring the… Read More ›
As per a report from Saudi-owned al-Arabiya TV, the Kingdom’s Khafji oil field, which is jointly operated with Kuwait, will produce 320,000 oil barrels per day (bpd) by the end of 2020. The announcement by was made by Prince Abdulaziz… Read More ›
As per a report from Russian daily Kommersant, Russian President Vladimir Putin stated, Russia has a “pipe-laying vessel” to complete the construction of the Nord Stream 2 gas pipeline which will supply gas to Germany, According to the report, Putin… Read More ›
On Wednesday, according to available customs data, soybean imports from the United States by China has surged in November in comparison to the previous year. China has purchased 2.56 million tonnes of U.S. soybeans, up from zero a year ago… Read More ›
Amidst the growing criticism of the United Kingdom government to allow the take acquisition of UK based defence and aerospace company Cobham by a private equity firm of the United States at the dead of the night in a deal… Read More ›
On Tuesday, Australian clothing retailer Cotton On Group stated, it is investigating a Chinese supplier over fears that it uses forced prison labor. The development comes in the wake of British supermarket operator Tesco PLC suspending ties with the same… Read More ›
On Monday, German automaker BMW AG stated it is being probed by the U.S. Securities and Exchange Commission. The development comes in the wake of a report of a probe related to the company’s sales practices. “We can confirm that… Read More ›
On Monday, the California Department of Insurance proposed reform measures which includes ways for insurers to include more people from low-income families. Currently insurers offer group discounts based on education, occupation, and other factors, to the detriment of low-income families…. Read More ›
According to three sources familiar with the matter at hand, Tesla Inc has entered into $1.4 billion (10 billion yuan) loan agreement with a group of Chinese banks, for its Shanghai car plant. Part of this amount will be used… Read More ›
On Monday, U.S. budget carrier Spirit Airlines Inc stated it aims to purchase 100 Airbus A320neo-family jets which are scheduled to be delivered to it through 2027; the agreement comes with options to purchase up to 50 additional aircraft. Spirit’s… Read More ›
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