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(Reuters) – Alaska Gasline Development Corporation (AGDC) said on Tuesday it will study the feasibility of producing ammonia in the state’s Cook Inlet region with Japan’s Mitsubishi Corp and TOYO Engineering Corp and Hilcorp Alaska. The four companies agreed to “evaluate the commercial feasibility of utilizing North Slope natural gas delivered to Southcentral Alaska via …

Japan companies to study making ammonia in Alaska for greener energy Read More »

ISLAMABAD (Reuters) – Pakistan does not have “space to give our economy any stimulus,” its climate change minister Sherry Rehman said on Thursday at a Geneva meeting. Nearly 1,700 people have been killed in floods caused by heavy monsoon rains and melting glaciers in a crisis that the government and the United Nations have blamed …

Pakistan says no space to give economy any stimulus Read More »

KUALA LUMPUR (Reuters) – Malaysia will present its 2023 budget on Friday as previously scheduled, a finance ministry spokesperson said on Tuesday, amid speculation that parliament could be dissolved before the budget to make way for an early general election. An election is not due until September 2023, but Prime Minister Ismail Sabri Yaakob is …

Malaysia confirms budget announcement on schedule, amid election speculation Read More »

By Huw Jones LONDON (Reuters) – U.S. regulatory inspections of audits of Chinese companies listed in the United States have begun and it could be months before the conclusions are known, PwC Global Chairman Bob Moritz said. A China-U.S. agreement in August allows U.S. regulators, for the first time, to inspect China-based accounting firms that …

U.S. inspections of China corporate audits at ‘very early stage,’ PwC says Read More »

TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Tuesday it was “cautiously optimistic” about its fourth-quarter revenue outlook after reporting record-breaking September sales. Like other global manufacturers, the Taiwanese company, a major Apple Inc supplier, could be vulnerable to slowing consumer tech demand as the global economy faces the possibility of …

Apple supplier Foxconn ‘cautiously optimistic’ about Q4 outlook Read More »

BERLIN (Reuters) – Sixt has committed to buying around 100,000 electric vehicles from China’s BYD in the coming years under a new partnership agreement signed by the two companies, the German car rental company said on Tuesday. Under the first stage of the agreement, Sixt is to order several thousand all-electric vehicles from BYD, the …

Sixt agrees to purchase around 100,000 e-vehicles from China’s BYD Read More »