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. …
Read More »Asian equities calm as Sino-American tensions warm
SYDNEY / HONG KONG (Reuters) – Asian stocks held tight on Monday as concerns about rising tensions between the United States and China rose on sentiment, though signs of a recovery in industrial activity in the world’s second largest economy limited losses. PHILO PHOTO: A pedestrian wearing a face mask …
Read More »Hong Kong tycoon Jimmy Lai arrested under security law, with ‘worst fears’ out
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 …
Read More »Asian equities calm as Sino-American tensions warm
SYDNEY / HONG KONG (Reuters) – Asian stocks held tight on Monday as concerns about rising tensions between the United States and China rose on sentiment, though signs of a recovery in industrial activity in the world’s second largest economy limited losses. PHILO PHOTO: A pedestrian wearing a face mask …
Read More »Fueled by Volvo, China’s Geely seeks startup to enter auto giant track
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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