SINGAPORE (Reuters) – Taiwan’s CPC Corp is seeking to procure a jet fuel cargo for delivery between mid-October and early November via a spot tender, a second such purchase this year, an official document on its website showed on Monday. The state-owned refiner is looking to buy at least 300,000 barrels of jet fuel for …
Taiwan’s CPC Corp seeks second jet fuel cargo this year Read More »
TOKYO (Reuters) – Japan will make comprehensive decisions to ensure the country’s energy supply is stable while cooperating with the G7 group amid fresh U.S. sanctions on Russia, Industry Minister Yasutoshi Nishimura told reporters on Monday. This month, the United States sanctioned a number of companies providing engineering, construction and other services to the Russia-led …
Japan says to ensure stable energy supply amid US sanctions on Russia Read More »
JAKARTA (Reuters) -Indonesia may issue on Tuesday a regulation on the use of social media to sell goods in the country, President Joko Widodo said, a move intended to quell threats to offline markets in Southeast Asia’s biggest economy. Ministers have repeatedly said that e-commerce sellers using predatory pricing on social media platforms are threatening …
Indonesia may issue regulations on social media e-commerce this week Read More »
By Sergio Goncalves LISBON (Reuters) – Portuguese oil company Galp said on Monday it had teamed up with Japan’s Mitsui to invest 400 million euros ($426 million) in an industrial-scale plant to produce biodiesel and biojet fuel from waste at its Sines refinery. The companies will create a joint venture for the project, which will …
Portugal’s Galp to invest $426 million in biofuels with Japan’s Mitsui Read More »
By Felix Light GORIS, Armenia (Reuters) – After the village was bombed so hard there was no way to bury the truckloads of dead, he fled with his family and stuffed whatever possessions could be salvaged into two vans. Petya Grigoryan is one of the first ethnic Armenians of Nagorno-Karabakh to make it to Armenia …
Fleeing bombs and death, Karabakh Armenians recount visceral fear and hunger Read More »
By Hadeel Al Sayegh (Reuters) – Spinneys Dubai LLC, the franchisee of the supermarket chain in the United Arab Emirates and Oman, is planning an initial public offering of the business in the second quarter of 2024, three sources with direct knowledge of the matter said. Albwardy Investment, the franchise’s 100% owner, hired Rothschild & …
Supermarket franchisee Spinneys Dubai plans IPO in 2024 Read More »
(This Sept. 22 story has been corrected to say ‘more than 2,000%’ instead of ‘more than 2,000 times’ in paragraph 6) By Katherine Masters NEW YORK (Reuters) – E-commerce giant Shein is sending more low-priced apparel and home goods to U.S. warehouses from China to speed up shipping times for shoppers, according to data from …
Shein shifts shipping strategy to bring China-made goods closer to US shoppers Read More »
BEIJING (Reuters) -China Evergrande said on Sunday that in view of an investigation into Hengda Real Estate Group, its flagship onshore unit, it was unable to meet qualifications for the issuance of new notes under its debt restructuring plan. The Evergrande unit was being probed by the Chinese securities regulator for suspected violation of information …
China Evergrande: unable to meet qualifications for issuance of new notes Read More »
SHANGHAI (Reuters) – China has limited room for further monetary policy easing, and it should pursue structural reforms such as encouraging entrepreneurs rather than counting on macroeconomic policies to revive growth, a central bank adviser said on Sunday. Liu Shijin, a member of the People’s Bank of China’s (PBOC) monetary policy committee, told a financial …
China central bank adviser proposes structural reforms to revive economy Read More »
SHANGHAI (Reuters) – China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China Business News reported on Sunday. The fund has already received investment intentions from more than 20 central government-owned enterprises as well …
China state asset manager plans $14 billion emerging industry fund -report Read More »
