Climate change demands immediate action by industries around the globe, and China has been tightening regulations of various sectors, including the automotive industry, to promote environmental …
Tagged By business
China 2021 aluminium imports rise to annual record high
China’s aluminium imports in December eased from the previous month, snapping three monthly gains, although imported volumes were strong enough to solidify 2021’s position as a record year of …
Delhivery gets Sebi’s go-ahead to raise Rs 7,460 crore via IPO
The IPO comprises fresh issuance of equity shares worth Rs 5,000 crore and an offer for sale (OFS) component of Rs 2,460 crore by existing shareholders, according to the draft red herring prospectus …
China’s technological self-reliance push leaves German firms fearing ‘lack of equal treatment’
A third of Germany firms surveyed by the German Chamber of Commerce in China last year listed preferential treatment offered to local companies as a concern Survey of 596 German companies took place …
Two-time Olympic snowboarder: Olympic sponsors need to pay price for doing business with China
Olympian Drew Neilson discusses how China is using the IOC and CCP to push propaganda on ‘The Ingraham Angle.’ …
New cargo train route between east China, Moscow opens
A new cargo train, loaded with 445 tonnes of goods, departed from Quanzhou, east China’s Fujian Province and headed for Moscow Tuesday morning. This is the first China-Europe freight train route from …
Delhivery gets Sebi’s go-ahead to raise Rs 7,460 cr via IPO
Under the OFS, investors Carlyle Group and SoftBank as well as Delhivery’s co-founders will divest their shareholding in the logistics company. The company, which filed its preliminary IPO papers with …
IPO greenlight for Delhivery, Radiant Cash Management, and Veranda Learning
Services, and Veranda Learning Solutions — have got approval from the Securities and Exchange Board of India (SEBI) to launch their initial public offerings (IPOs). Delhivery, an Indian logistics and …
China to Curb Purchases of U.S. Farm Goods in 2022 as Ties Fray
Relations between the U.S. and China are set to remain strained, which could prompt Beijing to continue diversifying its imports of agricultural goods and keep America’s share low, according to Fitch …
Chinese energy production rises as crude oil imports drop off
Crude production last year rose 2.4% to about 4 million barrels per day, but imports fell 5.4% to 10.3 million bpd …
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…