HIF Global LLC., a clean energy startup backed by Porsche AG, won regulatory approval to build a $6 billion facility in Texas that is betting on renewable power to produce substitutes for gasoline and shipping fuel.
China’s first Mars rover hasn’t woken up from a scheduled months-long hibernation on the surface of the Red Planet, a Chinese scientist confirmed Tuesday.
Xi Jinping had been on a winning streak of late, successfully rebuffing US attempts to portray China as a threat to the global order. Then an envoy in France instantly revived all those fears.
The euphoria surrounding Alibaba Group Holding Ltd.’s spinoff plan appears to be all but over.
Nestle SA’s sales growth unexpectedly accelerated, led by Purina and Friskies pet food, as the company raised prices at double-digit rates in most of its markets to keep up with soaring inflation.
UK Labour Party leader Keir Starmer and Shadow Chancellor of the Exchequer Rachel Reeves have held talks with private equity companies to discuss boosting investment in Britain, even as they plan to raise taxes on the same firms, people familiar with the discussions said.
UBS Group AG warned that wealthy clients are turning increasingly risk-averse, adding to challenges for Switzerland’s largest bank as it embarks on the complex task of integrating Credit Suisse Group AG.
Thailand’s government will cut power rates ahead of next month’s general election, in an effort to ease the plight of consumers and businesses grappling with sweltering temperatures.
China will no longer require travelers to the country to provide a negative PCR test result, scrapping a rule that’s been a major deterrent for visitation since the world’s second-largest economy emerged from Covid isolation in January.
The number of job seekers in the City of London increased in the first quarter of 2023 even as the number of open positions fell by almost a third, underlining the tough job market for bankers amid economic uncertainty and the threat of redundancies.
