BERLIN: German environmental groups have filed an official objection to a provisional permit from the Brandenburg environmental authority for the construction of a Tesla gigafactory near Berlin, the groups' lawyer said on Friday. The objection is based on the claim that Tesla has not ...
LONDON -El Salvador's decision to make bitcoin legal tender is an "interesting experiment" with a speculative asset that does not pass the test for being a reliable means of payment, a senior global central banking official said on Friday. The central American country on Wednesday became the ...
KUALA LUMPUR: Malaysian construction group IJM Corporation Bhd has accepted Kuala Lumpur Kepong Bhd's (KLK) 1.53 billion ringgit (US$372.63 million) cash offer for its entire stake in its palm oil plantation business, a stock exchange filing on Friday showed. Plantation giant KLK proposed ...
REUTERS: GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Amazon.com Inc's Australia chief Matt Furlong as chief executive, according to people familiar with the process ...
NEW DELHI -An Indian court dismissed pleas on Friday by Amazon.com Inc and Walmart's Flipkart to quash an antitrust investigation into the business practices of the U.S. firms, dealing them a blow in their key growth market. The Competition Commission of India (CCI) announced its investigation in ...
TOKYO: Japan's industry ministry said on Friday it had chosen a consortium of six companies led by Toda Corporation to build the 16.8 megawatts (MW) Goto floating offshore wind farm in Nagasaki, southern Japan, in an auction. The consortium is the first winner of government auctions for new ......
MUMBAI -India’s financial crime-fighting agency said on Friday that WazirX, one of the country's largest cryptocurrency exchanges and its directors, were under investigation for suspected violation of foreign exchange regulations. The investigation comes at time when the Indian government is ...
SINGAPORE: Member of Parliament (MP) Melvin Yong has been elected president of the Consumer Association of Singapore (CASE), the association said on Friday (Jun 11). Mr Yong, who is MP for the Radin Mas Single Member Constituency, succeeds Mr Lim Biow Chuan, who had helmed CASE since 2021. In a...
BEIJING: Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19 cases, causing the biggest backlog since at least 2019. More than 150 coronavirus cases have been reported in Guangdong province, a key ...
SHANGHAI: Authorities in China's northwestern province of Qinghai and a district in neighbouring Xinjiang ordered cryptocurrency mining projects to close this week, as local governments put into practice Beijing's call to crack down on the industry. China accounts for a over half of global ...
