DOUAI, France (Reuters) – French automaker Renault is in talks with Nissan to help the Japanese firm bring to market its own version of Renault’s electric Twingo, as the alliance partners seek to speed up an affordable EV offering to fend off Chinese competition. An electric version of Renault’s popular city car, due to reach …
Nissan may partner with Renault on new small EV for Europe Read More »
(Reuters) – Apple on Wednesday unveiled new MacBook Pro models that feature more powerful processors for tasks such as photo and video editing, aiming to bolster its appeal among creative professionals. The new line of MacBook Pro laptops will start at $1,599 for the 14-inch variant, with the higher-end versions sporting more powerful M4 Pro …
Apple launches new, more powerful versions of MacBook Pro Read More »
By Tomo Uetake TOKYO (Reuters) – Japan’s major life insurers are expected to continue purchasing Japanese government bonds (JGBs) into the second half of the fiscal year, but the pace and extent of these purchases will vary as firms strive to balance risk and return. Life insurance companies, some of the country’s largest institutional investors, …
Japan’s life insurers set to buy JGBs in Oct-March, weigh risk returns Read More »
HONG KONG (Reuters) -Air Canada said on Wednesday it would increase direct flights between Canada and China, which remain below pre-COVID levels even though the carrier has added capacity to other Asia Pacific routes. Canada’s largest carrier said in a statement it will be resuming daily service from Vancouver to Beijing on January 15 and …
Air Canada to increase China flights as Canada lifts restrictions Read More »
By Lisa Barrington and Sophie Yu SEOUL/BEIJING (Reuters) – China’s top three state-owned airlines reported profit declines in the third quarter despite record summer passenger numbers and fuller planes than last year, as a slowdown in domestic economic growth pushes flyers to seek cheaper fares. Beijing-headquartered Air China on Wednesday reported a net profit of …
Top Chinese airlines’ profits fall as flagging economy pressures fares Read More »
DOUAI, France (Reuters) – European Union tariffs imposed on Wednesday on imported Chinese electric vehicles are based on rules set by the World Trade Organization that everyone has signed up to, said Luca de Meo, chief executive of French car maker Renault. The additional duties of up to 45.3% follow a year-long investigation. The question is whether European …
EU tariffs on Chinese electric cars based on WTO rules, Renault boss says Read More »
HANOI (Reuters) -Vietnamese electric car maker VinFast has signed a non-binding deal with a consortium of Emirati investors to receive at least $1 billion in funding, a person with direct knowledge of the agreement said. The source told Reuters there was no clear timeframe for the possible disbursement from the group, led by Emirates Driving …
VinFast in non-binding $1 billion funding deal with UAE investors, source says Read More »
MILAN (Reuters) – BYD has appointed former Stellantis UK chief Maria Grazia Davino to lead its operations in a group of European countries including Germany, the Chinese automaker said on Wednesday. BYD, the second-largest producer of battery-electric cars globally, has been leading Chinese carmakers’ push into Europe. It is also building factories in Hungary and …
BYD appoints former Stellantis UK chief Davino to push European expansion Read More »
(Reuters) – Shell on Wednesday said it had completed a clean-up of the channel between Bukom Besar and Kechil Islands near the original source of an oil leak in Bukom, Singapore on Tuesday. “A joint inspection with authorities was conducted yesterday and authorities have signed off on the status of our completion effort,” it said …
Shell says clean-up effort completed after oil leak in Bukom, Singapore Read More »
By Jeslyn Lerh SINGAPORE (Reuters) – At one of the world’s biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another last month, a key test for its adoption as a marine fuel in the push for cleaner energy. The first cargo ships powered by …
Zero-carbon ammonia for shipping faces cost, safety challenges Read More »
