UK inflation holds steady at 4.0% in Jan.
British inflation remained at 4.0 per cent in January, defying expectations of an increase, lower than economists’…
NEC sells back discounted stake to JAE
NEC, a Japanese company, received several buyout offers from global private equity funds before deciding to sell a…
BP, ADNOC establish Egypt-focused gas JV
UAE's Abu Dhabi National Oil Company ADNOC and BP have on Wednesday announced an agreement to form a new joint…
Swiss Schindler foresees slight revenue growth in ’24
Swiss elevator manufacturer Schindler has forecasted low single-digit revenue growth in local currency terms for…
China, U.S. spearhead global efforts to replenish low oil stocks
Analysts and traders anticipate that a push to replenish depleted oil stocks in China, the United States, and…
China’s BYD plans to build new EV plant in Mexico
China's top electric vehicle manufacturer, BYD, is considering establishing a plant in Mexico to serve as an export…
S. Africa’s rand strong ahead of upcoming retail data
S. Africa's rand strengthened early on Wednesday preceding December retail sales data, after falling more than 1…
Sony plans financial unit IPO in ‘25
Sony Group Corp. announced that it will list its financial arm in October 2025, setting the stage for a significant…
China’s SMEs report improved performance in Jan.
China's Small and Medium-sized Enterprises (SMEs) witnessed a positive improvement in their business performance…
Yangtze energy corridor lights up ’23 with more power
In 2023, the world’s largest clean energy corridor, featuring six mega hydropower stations on China’s Yangtze…
