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LONDON (Reuters) - Chequered flags have always been the driving force for McLaren but the iconic British motorsport brand will be focussing its considerable power on chasing yellow jerseys next year too.
BRUSSELS (Reuters) - The European Commission plans a carbon border tax aimed at shielding European steel producers and other energy-intensive industries against cheaper imports from countries with less strict climate policies.
HONG KONG: Stocks were little changed on Tuesday (Dec 10), less than a week before the United States is due to impose more tariffs on Chinese goods.
Pham Nhat Vuong, the South-East Asian country’s richest man and now in charge of the new automaker, is so intent on exporting electric vehicles to the lucrative American market in 2021 that he’s plowing as much as US$2bil of his own fortune to reach that goal, a feat even Toyota Motor Corp. and Hyundai Motor couldn’t pull off during their early days.
KUALA LUMPUR (Reuters): Malaysia's Tun Dr Mahathir Mohamad, the world's oldest prime minister, promised on Tuesday (Dec 10) to hand over power to anointed successor Datuk Seri Anwar Ibrahim in spite of new sexual assault allegations against him.
KUALA LUMPUR: Malaysia is considering selling stakes in energy giant Petronas to provinces where the company's oil and gas fields are, Prime Minister Mahathir Mohamad told Reuters on Tuesday, in a bid to raise funds for the debt-laden government.
PHNOM PENH:The Cambodian government has expressed "strong dismay" over a US Treasury decision to sanction two businessmen suspected of corruption and illegal logging.
A Foreign Ministry statement said Tuesday that the sanctions were based on groundless accusations.
RIYADH (Reuters) - Qatar's premier attended an annual Gulf Cooperation Council (GCC) summit in Saudi Arabia on Tuesday, its highest representation since 2017, but there was no public mention of a 2-1/2 year boycott by its neighbours despite hints of a thaw.
Alphabet Inc named Frances Arnold, a Nobel-prize winning chemist, to its board, bringing the Internet giant’s total number of female directors to three.
SEOUL: The founder of the defunct Daewoo Group, Kim Woo-choong, has died after watching the conglomerate he built into a symbol of South Korea's manufacturing prowess become one of its biggest corporate failures, crushed by debt.