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Standard Chartered hires Marisa Drew as Chief Sustainability Officer
LONDON (Reuters) - Emerging markets-focussed lender Standard Chartered said on Thursday it had appointed sustainability veteran Marisa Drew as Chief Sustainability Officer, effective July 1. Drew join...
Syndicated Content Jan 27, 2022
Tata group takes control of Air India
By Aditi Shah NEW DELHI (Reuters) - India's Tata Group took control of state-run carrier Air India on Thursday, finalising a $2.4 billion deal to regain ownership of the airline after nearly 70 years....
Syndicated Content Jan 27, 2022
SAIC sets up automotive chip fund with Shanghai research institute
SHANGHAI (Reuters) - SAIC Motor Corp will establish a multibillion-yuan fund with the Shanghai Industrial Technology Research Institute (SITRI) to promote research and production for automotive microc...
Syndicated Content Jan 27, 2022
Analysis-Debt fears overshadow China’s infrastructure push to fight economic slowdown
By Kevin Yao BEIJING (Reuters) - China is counting on revived infrastructure spending to support its slowing economy, but controls over local government debt risks and falling investment returns could...
Syndicated Content Jan 27, 2022
China conditionally approves AMD’s $35 billion deal for Xilinx
SHANGHAI (Reuters) - China's market regulator said on Thursday it had conditionally approved Advanced Micro Devices Inc's $35 billion all-stock deal for peer Xilinx. (Reporting by Brenda Goh; Editing ...
Syndicated Content Jan 27, 2022
Exclusive-Tencent plans to take U.S.-listed streaming firm DouYu private -sources
By Julie Zhu (Reuters) - Tencent Holdings Ltd plans to take DouYu International Holdings Ltd private amid disagreements over strategy among executives at the Chinese videogame streaming firm, two peop...
Syndicated Content Jan 27, 2022
Norway wealth fund earns $177 billion in 2021
OSLO (Reuters) - Norway's sovereign wealth fund, the world's largest, earned a return on investment of 1.58 trillion Norwegian crowns ($177 billion) last year, with the biggest boost coming from techn...
Syndicated Content Jan 27, 2022
Hong Kong Exchange Fund’s 2021 investment income at HK$170.5 billion – HKMA
HONG KONG (Reuters) - Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$170.5 billion ($21.9 billion) in 2021, the Hong Kong Monetary Authority (HKM...
Syndicated Content Jan 27, 2022
Taiwan GDP storms to decade high in 2021 on strong exports
TAIPEI (Reuters) - Taiwan's economy grew last year at its fastest pace in more than a decade, driven by a surge in tech exports during the COVID-19 pandemic to support a trend of people working and st...
Syndicated Content Jan 27, 2022
Renault-Nissan-Mitsubishi alliance say to deepen cooperations in EV production
TOKYO (Reuters) - Renault SA, Nissan Motor Co and Mitsubishi Motors on Thursday said they plan to deepen cooperation in electric vehicle production as their two decade-old alliance positions itself to...
Syndicated Content Jan 27, 2022
Peoria, IL, USA
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