Recent Posts - page 338

• China’s CATL aims to raise $8.98 billion to expand lithium-ion batteries production

  By admin1 on August 13, 2021 • ( 0 )

  

  In a statement, Chinese battery giant CATL said, it is planning a private share placement to raise up to $8.98 billion (58.2 billion yuan) to fund six projects aimed at boosting the production capacity of lithium-ion batteries. The development comes at… Read More ›

• UK Economy Continues Growth In June Helped By Diners And Doctors

  By admin2 on August 12, 2021 • ( 0 )

  

  Economic growth in Britain in June was faster than expected at 1 per cent as the month also marked the first full month of indoor service for many hospitality firms. The growth was fuelled by the healthcare sector where a… Read More ›

• Lighter Winds Impact Results Of Offshore Firms Orsted, RWE

  By admin2 on August 12, 2021 • ( 0 )

  

  Lighter winds impacted the performance of the two largest offshore wind players of the world in the first quarter – Orsted and RWE, which highlighted the extent to which profit in this booming industry is dependent on weather conditions. Wind… Read More ›

• Unpredictable regulatory behavior makes investment in China unappealing: global fund managers

  By admin1 on August 12, 2021 • ( 0 )

  

  According to global fund managers, unpredictable behavior of China’s regulators make investing in China unappealing to foreign investors in the short-term. If Beijing were to make more meaningful reforms on data protection and reduce monopolistic practices by state-controlled companies will… Read More ›

• Travel sector recovering from COVID-19 pandemic: Holiday company TUI Group

  By admin1 on August 12, 2021 • ( 0 )

  

  On Thursday, in a statement the TUI Group said, the holiday travel sector is seeing a recovery from the COVID-19 pandemic. Following easing of travel restrictions in Britain, the holiday company saw a surge in bookings from Germany and continental… Read More ›

• Travel recovery has begun: Heathrow Airport

  By admin1 on August 11, 2021 • ( 0 )

  

  In a statement Britain’s Heathrow Airport said, the total number of passenger travelling through the airport in in July has surged, following the government easing travel restrictions; it however warned that overall numbers were still down by 80% compared to… Read More ›

• Deliveroo doubles orders despite reopening of grocery stores and restaurants

  By admin1 on August 11, 2021 • ( 0 )

  

  In a statement Deliveroo said, the value of orders on its platform has more than doubled in the first half of this year, despite the gradual reopening of restaurants in Britain – its biggest market. In a statement Deliveroo’s CEO, Will… Read More ›

• French retailer Carrefour to divest Taiwan business

  By admin1 on August 11, 2021 • ( 0 )

  

  According to three sources with knowledge of the matter at hand, French retailer Carrefour plans on launching a sale of its Taiwan business, which is valued at around $1.9 billion (1.6 billion euros) in the coming weeks. Carrefour has hired Morgan Stanley to… Read More ›

• India pushes back China’s Great Wall Motor, approvals subject to improvements in border row

  By admin1 on August 11, 2021 • ( 0 )

  

  According to three sources familiar with the matter at hand, China’s Great Wall Motor has decided to re-allocate a portion of its $1-billion investment in India to Brazil following a year-long delay in winning government approvals. The development comes in the… Read More ›

• China Files Case Against Tencent Over WeChat Youth Mode

  By admin2 on August 10, 2021 • ( 0 )

  

  Charges that Tencent’s messaging-app WeChat’s Youth Mode does not comply with laws protecting minors were placed against the Chinese tech company by the country’s regulators and prosecutors have filed a civil legal action against the company already. The Youth Mode… Read More ›

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