Showing 1 - 10 of 11
African ports struggle with spike in ship traffic
Published on 22/12/2023
» CAPE TOWN - Shipping companies sailing around the Cape of Good Hope to avoid Houthi attacks on the Red Sea face tough choices over where to refuel and restock, as African ports struggle with red tape, congestion and poor facilities, companies and analysts say.
Pork, energy prices drive inflation lower in October
Business, Published on 04/12/2023
» The recent plunge in pork prices played a part in the decline of the inflation rate in October, according to a source in the Finance Ministry who requested anonymity.
US to ease Venezuela oil, gas sanctions
AFP, Published on 19/10/2023
» WASHINGTON - The United States will ease some oil and gas sanctions against Venezuela after the South American country's government and opposition agreed to hold elections next year.
Pork smugglers facing crackdown
Business, Wichit Chantanusornsiri, Published on 17/10/2023
» Over the past three years, there has been a 20-fold increase in the number of arrests made for the smuggling of pig products.
China's Evergrande resumes Hong Kong trading
AFP, Published on 03/10/2023
» HONG KONG - Shares in Chinese property giant Evergrande rose as trading resumed on Tuesday, following a suspension last week when the heavily indebted company announced its boss was under criminal investigation.
Evergrande’s billionaire chairman Hui under police surveillance
Bloomberg News, Published on 27/09/2023
» SHANGHAI - The billionaire chairman of beleaguered property developer China Evergrande Group, Hui Ka Yan, has been placed under police control, according to people with knowledge of the matter.
Evergrande confirms police are watching chairman
Published on 28/09/2023
» HONG KONG - China Evergrande Group confirmed on Thursday that its chairman Hui Ka Yan had been subject to mandatory measures taken by Chinese police due to suspicion of “illegal crimes”.
Evergrande liquidation risk rises after creditor meeting scrapped
Bloomberg News, Published on 25/09/2023
» SINGAPORE- China Evergrande Group is running out of time to get what would be one of the nation’s biggest-ever restructurings back on track, after setbacks in recent days that raise the risk of liquidation.
China police detain some Evergrande wealth management staff
Published on 17/09/2023
» BEIJING: Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a new investigation that could add to the property giant's woes.
Ex-Opec president faces UK corruption charges
AFP, Published on 22/08/2023
» LONDON: Former Opec president Diezani Alison-Madueke has been charged with bribery offences relating to her time as Nigeria's oil minister, the UK National Crime Agency (NCA) said on Tuesday.