TAIZHOU, China / SHANGHAI (Reuters) – Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China’s first global auto giant. Workers …
Read More »China’s factory auction will drop in July as recovery gains momentum
BEIJING (Reuters) – China’s factory auction loses in July, driven by rising global oil prices and as industrial activity climbed back to pre-coronavirus levels, adding to signs of recovery in the world’s second largest economy . PHILO PHOTO: A worker is seen at a hot rolling production line at the …
Read More »Asian stocks cautious as Sino-American tensions weigh
SYDNEY (Reuters) – Asian equities held tight range on Monday as flare-up tensions between the United States and China rose on sentiment, although signs of a recovery in industrial activity in the world’s second-largest economy declined. PHILO PHOTO: A pedestrian wearing a face mask walks over an intersection with an …
Read More »Oil spill threatens ecological disasters as Mauritius declares emergency
PORT LOUIS (Reuters) – Fuel plays from a Japanese bulk carrier that ran aground on a reef in Mauritius two weeks ago, causing an ecological disaster that endangers corals, fish and other marine life around the island of the Indian Ocean, say officials and environmentalists. FILE PHOTO: A satellite image …
Read More »Asian stocks cautious as Sino-American tensions weigh
SYDNEY (Reuters) – Asian equities held tight range on Monday as flare-up tensions between the United States and China rose on sentiment, although signs of a recovery in industrial activity in the world’s second-largest economy declined. PHILO PHOTO: A pedestrian wearing a face mask walks over an intersection with an …
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