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China Refiners Prepare For Peak Oil Demand
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Given China’s current importance for oil markets and the importance of oil for its economy, the implications of peak demand could be substantial. And...
Evergrande Shares Suspended in Hong Kong
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Trading in shares of heavily indebted Chinese property developer China Evergrande Group was suspended in Hong Kong on September 28, according to a notice...
Saudi Arabia Forms Joint Venture With Greece To Link Power Grids
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Saudi Arabia has signed a deal with Greece for the establishment of a jointly-owned company to link up the two countries’ power grids with...
U.S President Biden Announces Visa-Free Travel For Israelis
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U.S President Joe Biden has confirmed it will allow Israelis to travel visa-free to the U.S. despite condemnation and concerns over Israel’s treatment of...
Hyundai, Kia Recall 3.4 Million Vehicles Over Fire Risk
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Automakers Hyundai and Kia are recalling nearly 3.4 million vehicles in the U.S. and due to the risk of engine compartment fires.
The recalls cover...
U.S Regulators Accuse Amazon of Illegal Monopoly
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U.S regulators have sued Amazon, alleging that the internet giant is illegally maintaining monopoly power.
The Federal Trade Commission (FTC) said Amazon uses "a set...
North Korea To Deport U.S Soldier Travis King Who Crossed Border
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North Korea says it will deport U.S soldier Travis King, who ran across the border from South Korea during a tour in July.
Pyongyang will...
Hollywood Writers End Five-Month Strike After Studio Deal
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Hollywood writers have ended their five months strike on Wednesday after agreeing on a new studio deal. The Writers Guild of America (WGA) said...
HSBC Predicts India Top Investment Choice By 2024
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India's economic resilience, expanding consumer market, and its status as a counterbalance to China make it an appealing choice for investors looking to capitalise...
Nissan Cars To Go All-electric By 2030
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Nissan will accelerate plans towards electrification by committing that all cars sold in Europe market will be electric by 2030.
The announcement comes despite the...