LONDON (Reuters) – BP (BP.L) will have to invest tens of billions of dollars over the next decades and may have to accept lower returns than it can get from oil if it is to meet its goal of becoming one of the largest innovative power generators in the world. …
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HONG KONG (Reuters) – Hong Kong media tycoon Jimmy Lai on Monday became the highest-profile detainee under a new national security law, arrested over suspected collusion with foreign troops as scores of police searched the offices of his Apple Daily newspaper. Lai, 71, was one of the most prominent democracy …
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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 …
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Xpeng Motors latest electric car is called the P7. Xpeng Motors Chinese startup electric car Xpeng Motors has filed for an initial public offering (IPO) on the New York Stock Exchange, according to an official statement. While the company did not disclose how many Class A common shares it would …
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Despite the global pandemic, Dubai has seen “impressive levels” of real estate transactions in recent months, the chief commercial officer of a United Arab Emirates-based developer said last week. Nakheel’s Aqil Kazim’s comments come even because real estate transactions in the second quarter of 2020 fell 38.8% compared to the …
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