[ad_1] HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group will raise up to $12.9 billion (£9.9 billion) from its landmark Hong Kong listing and is set to price its shares at a 2.8% discount
China coal-fired power capacity still rising, bucking global trend – study
[ad_1] SHANGHAI (Reuters) – China raised its coal-fired power capacity by 42.9 gigawatts (GW), or about 4.5%, in the 18 months to June, connecting new projects to the grid at a time when capacity in
Dollar, yen tick higher as trade news dries up
[ad_1] SINGAPORE (Reuters) – The dollar and the safe-haven yen edged higher on Wednesday, but not much, as a lack of clarity on U.S.-China trade talks kept investors cautious. FILE PHOTO: Euro, Hong Kong dollar,
Japan’s exports post worst fall in three years as shipments to U.S., China drop
[ad_1] TOKYO (Reuters) – Japan’s exports tumbled at their quickest pace in three years in October, threatening to tip the trade-reliant economy into recession as weakening demand from United States and China darkened the outlook.
Tata Steel faces battle with unions over plans to cut up to 3,000 European jobs
[ad_1] AMSTERDAM/LONDON (Reuters) – Steelworkers in Britain and the Netherlands said on Tuesday they would fight Tata Steel’s (TISC.NS) plans to cut up to 3,000 jobs across its European operations, as the sector wrestles with
Asia shares numbed by trade noise, oil takes a spill
[ad_1] SYDNEY (Reuters) – Asian shares lumbered lower on Wednesday as the Sino-U.S. trade talks produced nothing but a stream of conflicting messages, while concerns about a glut of supply saw oil prices suffer their
Oversupply angst drags oil lower, stocks drift near highs
[ad_1] NEW YORK (Reuters) – Oil prices fell sharply on Tuesday on oversupply concerns, while a gauge of stocks across the globe rose for a seventh straight session after large overnight gains in Asia. The
Alibaba will raise up to $12.9 billion in Hong Kong listing: sources
[ad_1] A logo of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China, November 18, 2019. REUTERS/Aly Song (Reuters) – Alibaba will raise up to $12.9 billion in its Hong Kong
NTSB cites Uber, distracted backup driver in fatal self-driving crash
[ad_1] WASHINGTON (Reuters) – The U.S. National Transportation Safety Board (NTSB) on Tuesday took Uber (UBER.N) to task for what it said were weaknesses in its approach to safety as it laid out its findings
Emirates airline calls Wednesday news conference at Dubai Airshow
[ad_1] DUBAI (Reuters) – Dubai’s Emirates has called a news conference for 0700 GMT at the Dubai Airshow on Wednesday, organizers said. No further details were immediately available on the event, which comes amid negotiations