By Curtis Williams and David French HOUSTON/NEW YORK (Reuters) – Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana liquefied natural gas (LNG) export project, according to two people familiar with the discussions. Woodside, an Australian oil and gas producer, this month closed on a $1.2 billion buy …
Woodside and Tokyo Gas in discussions over stake in US LNG project Read More »
TOKYO (Reuters) – Japan’s biggest drugmaker, Takeda Pharmaceutical, beat estimates for second-quarter profit on Thursday and lifted its full-year earnings forecast as it restructures to cut costs. Operating profit in the three months through September stood at 184.2 billion yen ($1.21 billion), the company said, versus a loss of 49.3 billion a year prior and …
Japan’s Takeda raises full-year profit forecast amid restructuring Read More »
By Yimou Lee and Ben Blanchard TAIPEI (Reuters) -A strong Typhoon Kong-rey made landfall on Taiwan’s east coast on Thursday, the largest storm by size to hit the island in nearly 30 years, closing financial markets, causing hundreds of flights to be cancelled and reducing rail services. The typhoon knocked out power to nearly half …
Taiwan shuts down as strong Typhoon Kong-rey hits, one dead Read More »
By Ariba Shahid and Gibran Naiyyar Peshimam KARACHI (Reuters) -The final bidding process for the privatisation of Pakistan International Airlines attracted just one bid of 10 billion Pakistani rupees ($36 million) for a 60% stake in the national flag carrier, the Privatisation Ministry said on Thursday. The government had pre-qualified six groups in June, but …
Pakistan flag carrier stake sale attracts sole bid below government minimum Read More »
By Timothy Gardner WASHINGTON (Reuters) – TerraPower, the Bill Gates-backed next-generation nuclear power company looking to build small modular reactors, has had informal talks with countries in Europe, including Turkey, a company spokesperson said on Thursday. Earlier this month Reuters reported that Turkey is drafting a law to facilitate building SMRs to complement plans to …
TerraPower has had informal talks with countries including Turkey on small reactors Read More »
By Ron Bousso and America Hernandez LONDON – Higher production and sales in Asia helped Shell’s liquefied natural gas (LNG) business outshine TotalEnergies’ in the third quarter, analysts and traders said, even as group profits at both were hit by a slump in oil refining. Shell reported quarterly profits of $6 billion, beating forecasts by …
Higher Asian LNG prices boost Shell Q3 sales vs TotalEnergies Read More »
DUBAI (Reuters) – Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) with Japanese financial institutions worth up to an overall $51 billion, it said on Thursday. PIF inked MoUs with Mizuho Bank, Sumitomo Mitsui Financial Group, MUFG Bank, JBIC, and Nippon Export and Investment Insurance (NEXI), …
Saudi Arabia’s PIF signs MoUs worth up to $51 billion with Japanese banks Read More »
PRAGUE (Reuters) -The Czech anti-monopoly office UOHS on Thursday rejected appeals by Westinghouse and EDF against a tender that chose South Korea’s KHNP as preferred bidder to build new nuclear power units in the Czech Republic. UOHS said it had either stopped proceedings in some appeals or rejected proposals brought by U.S. group Westinghouse and …
Czech watchdog rejects appeals in nuclear power tender Read More »
BEIJING (Reuters) – Chinese carmaker Geely Automobile said on Thursday it had never conducted separate negotiations with the European Commission regarding electric vehicle tariffs, refuting recent online reports as “slander”. In a statement posted on social media platform Weibo, Geely said that the European Commission sought direct contact with its brands during the negotiation period …
China’s Geely denies separate EU talks on EV tariffs Read More »
By Stephen Nellis (Reuters) – China’s growing inroads in making electronic displays could create national security concerns for the United States by making it dependent on China for an essential component in military technologies, the authors of a new report said. WHY IT’S IMPORTANT Displays are increasingly important computerized military equipment from fighter jets to …
China’s rising display industry could hurt US national security, report warns Read More »
