TOKYO (Reuters) – Japan’s Kansai Electric Power Co has agreed to take a 49% stake in Iberdrola’s Windanker offshore wind project in Germany, the company said on Friday, expanding a partnership with the Spanish renewable energy giant. Located in the German part of the Baltic Sea, the wind farm will have an installed capacity of …
(Reuters) -Australian green hydrogen producer Hysata on Friday signed agreements with South Korean steelmaker POSCO and its POSCO Eco & Challenge unit to advance its electrolyser technology for green hydrogen production, the companies said in a joint announcement. These agreements underline the growing collaboration between the global steel industry and the green hydrogen sector, with …
Australia’s Hysata joins forces with POSCO to enhance green hydrogen technology Read More »
By Leika Kihara TOKYO (Reuters) -The Bank of Japan is leaning toward keeping interest rates steady next week as policymakers prefer to spend more time scrutinising overseas risks and clues on next year’s wage outlook, said five sources familiar with its thinking. Any such decision will heighten the chance of an interest rate hike at …
BOJ leaning toward keeping rates steady next week, sources say Read More »
WASHINGTON (Reuters) – The United States on Thursday offered a $5 million reward for information about an alleged scheme in which North Korean technology workers got jobs at unsuspecting U.S. companies then stole their trade secrets for ransom, with the proceeds used to fund Pyongyang’s weapons programs. The U.S. State Department said about 130 North …
US claims North Korea put workers in US companies to extort money for weapons Read More »
By David Shepardson WASHINGTON (Reuters) -The Justice Department late on Wednesday asked a U.S. appeals court to reject an emergency bid by TikTok to temporarily block a law that would require its Chinese parent company ByteDance to divest the short-video app by Jan. 19 or face a ban. TikTok and ByteDance on Monday filed the …
US asks court to reject TikTok’s bid to stave off law that could ban the app Read More »
(Reuters) – HSBC is reviewing its retail banking operations outside the UK and Hong Kong, which could see it substantially scale back operations in other countries, including Mexico, the Financial Times reported on Thursday, citing people familiar with the discussions. The bank is looking outside its core markets to reduce consumer presence and focus on …
HSBC reviews retail banking outside UK and Hong Kong, FT reports Read More »
SINGAPORE (Reuters) – China will impose tougher curbs on the amount of methane released during coal extraction in an effort to reduce emissions of the powerful climate-warming gas, the environment ministry said on Thursday. Though methane is a significantly more potent greenhouse gas than carbon dioxide, it remains in the atmosphere for only about 10 …
China tightens rules to curb methane emissions from coal mines Read More »
By Lisa Barrington SEOUL (Reuters) -South Korea will support smaller airlines and monitor market competitiveness after dominant carrier Korean Air completed a $1.3 billion acquisition of Asiana Airlines on Thursday to create one of Asia’s biggest carriers. Korean Air acquired a 63.88% stake in the country’s second-largest airline, making it a subsidiary three years later …
South Korea to safeguard competition after Korean Air, Asiana merger Read More »
By Ariba Shahid KARACHI (Reuters) – Haleon Pakistan plans to start manufacturing multivitamin brand Centrum in the country for domestic sales and export, its CEO said, as it seeks to boost sales in the country amid lower inflation. The Pakistan unit of British consumer healthcare firm Haleon plans to expand its pain management offerings next …
Haleon Pakistan to manufacture Centrum multivitamins Read More »
TOKYO (Reuters) -Japan’s Suntory Holdings said on Thursday that Executive Vice President Nobuhiro Torii will become president next March, putting the food and beverage conglomerate back under the leadership of a founding family member. Takeshi Niinami, who took the helm of the family-owned firm in 2014 as its first outsider president, will become chairman and …
Suntory appoints EVP and founding family member Torii as president Read More »
