Crude production last year rose 2.4% to about 4 million barrels per day, but imports fell 5.4% to 10.3 million bpd …
Tagged By business
South Korea’s IPO K-wave swells on China crackdown
LG Energy Solution’s record $11 bln float is part of a recent boom in local listings. Geopolitics and regulatory uncertainties in China are pushing investors to look elsewhere. Seoul’s performance has …
China Merchants Bank-backed SPAC files first application under new Hong Kong rules
A SPAC backed by China Merchants Bank applied to list in Hong Kong late on Monday, the first company to do so since new rules allowing such listings took effect at the start of this…
Big Tech Brands Hit By China Ban
Big tech brands Intel, Panasonic, and Samsung who are major sponsors of the Winter Olympics that are set to kick off in February in China next month, are now relying on TV viewing to deliver…
NOD raises another round of financing from Proterra Asia, to ramp up growth in China and South-East Asia
Less than 2 months after One Capital invested in its Pre-A round, No Ordinary Drinks (NOD) a healthy beverage solutions company based in Shanghai, has raised a supplementary Pre-A round led by …
China food-security goals drive global feedgrain demand
China’s appetite for feedgrain is seen as strong in the near term at least as it seeks to reduce its reliance on agricultural imports including soybeans…Read More …
After flying start, Stellantis must tackle Tesla and China
If playing catch up with Tesla is what everyone in the auto industry is about then Stellantis, the company formed from the merger of Fiat Chrysler and Peugeot, has had a good start – its…
Down but not out: China’s Alibaba looks towards challenging 2022
Alibaba has not had the best 14 months. Ever since China’s regulators abruptly nixed the initial public offering of its financial technology subsidiary Ant Group, the Chinese tech giant has struggled.
US exporters sent over 13M pounds of lobster to China in 2021
Despite the pandemic making exportation more difficult, Chinese demand for American lobster grew by about 6 percent from 2020 to 2021.
CATL confirms entry into battery swap market ahead of a brand launch event in China
CATL recently shared news it is entering the market of battery swap technology for EVs, with a new brand called EVOGO, set to launch Tuesday.
QiXinTian Serves Up Spicy Hong Kong IPO, Defying Pandemic with Major Expansion
QiXinTian, China’s No. 3 hotpot restaurant chain, has filed for a Hong Kong IPO that could value it at more than $2 billion The company has doubled …
USDA Seizes Illegally Imported Animal Products from China
The USDA’s Animal and Plant Health Inspection Service (APHIS) seized and destroyed more than 1,900 pounds of prohibited pork, poultry, and ruminant products f …
EXCLUSIVE: Firmenich Partners With Beauty Retailer Harmay in China
Each group is to leverage its respective capabilities to bolster developments of new fragrance brands, concepts, experiences and models.
