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Brussels: The European Union (EU) is gearing up for the world’s most ambitious policy against climate change – requiring a radical overhaul of the economy – at a summit in Brussels next week
BRUSSELS: The European Union is gearing up for the world’s most ambitious push against climate change with a radical overhaul of its economy.
DUBAI: Sputtering progress toward a trade deal and signs of weakness in the Chinese economy are looming as the biggest threats to the wave of optimism spreading across emerging markets.
DUBAI/ SINGAPORE/ SAO PAULO: If signs of a recovery in industrial activity are the next piece of evidence needed to confirm the recent rally in emerging markets is more than a passing phase, then the next five days could prove to be pivotal.
FRANKFURT/ZWICKAU: Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground.
SINGAPORE: Teekay LNG's liquefied natural gas (LNG) tanker venture, the Yamal LNG Joint Venture, is no longer subject to U.S. sanctions after a change of ownership at its partner China LNG Shipping (Holdings) Ltd, Teekay companies said late on Tuesday
BRUSSELS: European Union leaders will discuss a new budget plan on Friday that could allow the bloc to spend up to 1.1 trillion euros ($1.2 trillion) in the 2021-2027 period, but deep divisions among governments could block a deal for months.
KUALA LUMPUR: Malaysia’s high level of stable core customer deposits support the banking system, but S&P Global Ratings cautions that competitive pressure is likely to remain in the home market.
Maxvue Vision Sdn Bhd may be headed for the big leagues, as it is in the midst of talks with a large optical chain store operator for a deal that could potentially bring its fashion contact lenses onto the shelves of the operator’s outlets across Europe.
KUALA LUMPUR: Malaysia's high level of stable core customer deposits supports the banking system but S&P Global Ratings cautions competitive pressure is likely to remain in the home market.