Rolling, live coverage of business, economics and financial markets. 08:43 Shares in London-listed drug company Indivior have risen by 7% on Monday after it said it will pay a $385m settlement of lawsuits claiming…
Monthly Archives For October 2023
China restricts graphite exports
For some reason US politicians did not think about that one China has unveiled plans to restrict exports of graphite — a mineral crucial to the manufacture of batteries for electric vehicles (EVs) — …
Mycoplasma Pneumonia Outbreak Grips China: Echoes of COVID-19
In the shadow of the COVID-19 pandemic, a new health crisis is unfolding across China. A surge in cases of pneumonia caused by Mycoplasma, a microorganism that teeters between a virus and bacteria, …
Apple iPhone maker Foxconn being investigated in China as founder runs for Taiwan presidency
Taiwan’s Foxconn, one of Apple’s largest suppliers, is being investigated by authorities in China, according to state media.
China’s Cultural Revolution canceled 3,000 years of history as Mao had everything torn down — even statues
Mao’s America’ bears a terrifying resemblance to China that took 20 million lives. I know, I lived through it. The Cultural Revolution canceled 3,000 years of history.
China toddler mauling prompts crackdown on dogs
Officials in China have launched a crackdown on stray, unregistered, and “oversized” dogs. But the move has been widely criticised after reports that dogs without owners are being rounded up and sometimes euthanised. It comes…
Beijing calls for ‘fair’ gas pipeline damage probe, says Chinese ship sailing ‘normally’
BEIJING – China’s Foreign Ministry on Monday called for an “objective, fair and professional” investigation into damage to the Balticconnector gas pipeline, adding that a Chinese vessel being held responsible was sailing “normally”.
China’s special envoy is on a Middle East mission. Peace is just part of the picture
Beijing’s special envoy to the Middle East, has embarked on a whirlwind tour of the region aimed at promoting peace talks between Israel and Hamas – even though Beijing still refuses to condemn or even…
China’s economy is bottoming out, but that’s no reason to cheer
Despite encouraging third-quarter economic data, it is preposterous to expect any kind of meaningful recovery when the property sector is crumbling The economy is likely to continue bumping along the …
Update: Mach Natural Resources Releases Terms for Imminent IPO
Investors looking to pump more oil and gas profits into their energy portfolio have a new home-grown deal to weigh up. Oklahoma City-based Mach Natural Resources has disclosed pricing terms for its …
Oil prices drop as aid arrives in Gaza; major Apple supplier faces China tax probe – business live
Rolling, live coverage of business, economics and financial markets
BUSINESS LIVE: Vistry plots restructuring; Foxconn faces China probe; Keller eyes record year
The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Vistry, Keller and Upland Resources. Read the Monday 23 October Business Live blog below.
Moscow set to become Beijing’s most substantial foreign trade partner after US
Igor Sechin, CEO of Rosneft, made a significant announcement at the Russian-Chinese energy business forum in Beijing. He revealed that Moscow is on a …
