Hutchison Ports invests $700m in Egyptian port projects
Hong Kong-based Hutchison Holdings Ltd's port announced on Thursday, a significant investment in Ain Sokhna Port,…
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China
London at risk of luxury shoppers turn to Paris, Milan
London’s luxury retailers have been concerned about the city’s shopping traction, as tourists from the U.S., China…
China conducts maritime drills in Gulf of Oman with Iran, Russia
Chinese Ministry of Defense has announced on Wednesday the implementation of joint maritime drills in the Gulf of…
Chinese recovery, dollar weakness cause crude price hike
Oil prices inclined during Asian trade on Monday, amidst China’s demand recovering and the weaker dollar that is…
China’s CIEG plans to build $5-8 billion green hydrogen project in Egypt
China International Energy Group (CIEG) plans to establish a massive green hydrogen production project in Egypt…
Chinese passenger car sales declines by 20% – data
China's passenger vehicle sales had a 20 percent decrease in January and February due to weak demand, despite some…
Global dividends hit new records of $1.56tln in 2022 – report
Global dividends grew by 8.4 percent to a record $1.56 trillion, compared to the year before, following the…
OPEC: Chinese demand to be 500-600k barrels/day
OPEC Secretary General, Haitham Al-Ghais, said on Tuesday the Chinese demand of oil will increase to 500 and 600…
Germany plans to ban using Chinese components from 5G networks
Germany is set to prohibit telecom operators’ usage of certain components manufactured by the Chinese Huawei and…
iPhone supplier Foxconn sees 11.6% revenue drop
Foxconn, Apple’s biggest supplier has reported decline in its revenues of an 11.65 percent drop, due to demand for…
