Bid is latest after multiple offers to buy Hollysys Deutsche Bank to solicit additional potential offers Shares have gained 20.8% year-to-date Oct 2 (Reuters) – China’s Hollysys Automation Technologies , which makes automation and control systems, said on Monday it had set up a committee to consider a $1.55 billion takeover offer from a consortium … Read more
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LONDON, Sept 25 (Reuters Breakingviews) – Western countries have a window of opportunity to come up with a credible infrastructure plan for the developing world. China’s $1 trillion Belt and Road Initiative is drowning in bad debts and may be about to lose Italy, the only big rich democracy which is a member. The People’s … Read more
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Sunak delays petrol car ban by 5 years Eases targets on heating, insulation Says UK is committed to overall 2050 net zero target Businesses complain over changing targets LONDON, Sept 20 (Reuters) – Prime Minister Rishi Sunak watered down Britain’s plans to tackle climate change on Wednesday, saying he would delay a ban on sales … Read more
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FRANKFURT, Sept 17 (Reuters) – Climate activists sprayed orange and yellow paint on the columns of Berlin’s landmark Brandenburg Gate on Sunday to push demands for a stop to the use of fossil fuels by 2030. “Members of the so-called ‘Last Generation’ sprayed the columns on the east side of the Brandenburg Gate with orange … Read more
LONDON, Sept 8 (Reuters) – Rising U.S. business bankruptcies may raise a red flag in what otherwise appears like an economy now impervious to rising interest rates. News of accelerating service sector growth last month and another drop in jobless claims this week are just the latest in a string of data showing the U.S. … Read more
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Chinese Foreign Minister Wang Yi poses as he meets Turkish Foreign Minister Hakan Fidan (not seen) in Ankara, Turkey, July 26, 2023. Stringer/Pool via REUTERS Acquire Licensing Rights BEIJING, Sept 5 (Reuters) – Despite Rome’s scepticism, China’s Foreign Minister Wang Yi said cooperation with Italy under the Beijing-led Belt and Road initiative had been fruitful, … Read more
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UAE commits to buying $450 mln of carbon credits Summit aims to show Africa as destination for climate investment Germany announces $65 mln debt swap with Kenya NAIROBI, Sept 4 (Reuters) – An initiative to boost Africa’s carbon credit production 19-fold by 2030 drew hundreds of millions of dollars in pledges on Monday, as Kenyan … Read more
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Bongo’s family have ruled for 56 years Street celebrations erupt in Gabon’s capital France, with troops in Gabon, condemns coup Army generals plan meeting to choose leader LIBREVILLE, Aug 30 (Reuters) – Military officers in oil-producing Gabon said they had seized power on Wednesday and had put President Ali Bongo under house arrest, stepping in … Read more
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STEINHATCHEE, Florida, Aug 30 (Reuters) – Hurricane Idalia made landfall in Florida as an “extremely dangerous” Category 3 storm on Wednesday after millions of residents evacuated or hunkered down in homes and shelters in anticipation of a life-threatening storm surge. Drawing strength from the Gulf of Mexico’s warm waters, Idalia unleashed destructive winds and torrential … Read more
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China National Petroleum Corporation (CNPC)’s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. Picture taken July 17, 2018. REUTERS/Chen Aizhu/File Photo Acquire Licensing Rights SINGAPORE, Aug 28 (Reuters) – Oil prices ticked higher on Monday after China took steps to support its flagging economy, though … Read more