(This Dec. 17 story has been corrected to change the data in graphic “Abundant Supplies of Green Aluminium”) By Eric…
U.S.’s Yellen chairs meeting with UK, Australia, Canada, New Zealand ministers
LONDON (Reuters) – U.S. Treasury Secretary Janet Yellen chaired a meeting of finance ministers from Australia, Canada, New Zealand, and…
Alibaba signs cooperation agreement with authorities in China’s Hangzhou -media
SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd has signed a cooperation agreement with the government of Hangzhou,…
Carlyle buys majority stake in India’s VLCC for $300 million – sources
BENGALURU (Reuters) -Private-equity firm Carlyle Group has acquired a majority stake in Indian beauty care and wellness solutions provider VLCC…
Uniper CEO to resign due to government takeover
BERLIN (Reuters) – Uniper Chief Executive Klaus-Dieter Maubach plans to resign this year due to the nationalisation of the embattled…
Renault and PUNCH Torino join forces on low-emission diesel engines
PARIS (Reuters) -Renault will team up with propulsion systems and electronics developper PUNCH Torino on 4-cylinder diesel engines for light…
Dalio’s Bridgewater cements rank in 2022 as top foreign hedge fund in China
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) – Bridgewater has doubled its fund assets in China to more…
Mercedes-Benz sells 2.05 million passenger cars in 2022
BERLIN (Reuters) -Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous…
China passenger vehicle sales rise in Dec, Tesla sales slump 41% – data
SHANGHAI (Reuters) – China’s passenger car sales rose 2.4% in December as consumers rushed to make use of a subsidy…
Asian companies see earnings upgrades by analysts over the past month
(Reuters) – Analysts raised 2023 earnings estimates for Asian companies over the past month, contrasting with the raft of earnings…