Volvo is aiming for a valuation of about $20 billion in the planned Stockholm listing, the sources said, with one saying the launch was penciled in for the end of.
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Brazil beef en route to China in limbo after mad cow export ban
Brazil continued to ship beef to China after an export ban took effect earlier this month, with the two sides in talks on what to do with possibly thousands of tonnes of meat in legal…
US, EU attempt to block China’s technology growth is doomed
It is no secret that the US and its allies have been busy setting up barriers to block Chinese technology development in recent years. With the Biden administration attempting to lure its allies to …
China becoming more and more aggressive: Gen. Rawat
A weaker adversary like Pakistan will always try to keep us engaged through proxy war and they are in fact a proxy of our northern adversary, that is China, which is becoming more and more…
China Refinery Runs Fell To 15-Month Low In August
Refinery runs in China fell to the lowest in 15 months in August on the back of a sizeable cut in fuel export quotas and the latest wave of Covid-19 …
Cash Markets Firm As Exports Slowly Recover
The Indian tax cut may help keep prices somewhat elevated, but it is not an overly bullish signal and the markets responded modestly. With no changes to the rapeseed rate, canola received no support …
Major banks join blockchain shipping trade finance project
Focus will be put on helping small and medium-sized enterprises gain access to trade finance from banks, with the support of reliable shipping data collected via the digital platform …
Xiaohongshu debuts WILL Awards to recognize extraordinary up-and-coming Chinese brands
This reflects the vibrancy in China’s consumption sector. Against this background, WILL Awards struck a conversation around what kind of brands are equipped for the future by inviting founders …
Volvo Cars gears up for $20 bln IPO in coming weeks, sources say
China’s Geely Holding (GEELY.UL) is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three sources told Reuters, in what is expected to be one of Europe’s biggest …
China’s Economy Weakens on Delta Outbreak and Wary Consumers
Even before the delta outbreak in July, consumers had been cautious to spend, failing to make a comeback to pre-pandemic levels.
China develops machines that can track data sent abroad by cars
China Automotive Engineering Research Institute Co Ltd (CAERI) said in a statement it has developed a system to analyze the path of data transmission by using a communication-detection device …
TikTok investigated over alleged transfer of personal data to China and child safety
The video-sharing app was described as a potential national security risk by White House officials during the Trump administration.
EZGO Announces Strategic Cooperation with China Railway Construction Property Management
EZGO Technologies Ltd. (Nasdaq: EZGO) (“EZGO” or “we”, “our”, or “the Company”), a manufacturer of two- and three-wheeled electric vehicles in China, today announced it entered into a strategic …