Sinopec buys $1.5bn stake in Angola oil field
Sinopec, also known as China Petrochemical Corporation, has agreed a deal to buy U.S. firm Marathon Oil Corporation’s stake in an Angolan oil and gas field.
Mercedes and Pirelli punished over F1 tyre testing
Mercedes have avoided harsh sanctions for breaking rules governing tests by using a current car to conduct a three-day, 1,000km tyre test at the request of Pirelli at Barcelona’s Circuit de Catalunya on 15-17 May.
Singapore’s record toxic smog forces millions indoors
Singapore's record-breaking toxic smog currently covering the region has forced millions indoors, with no end in sight.
China’s manufacturing hits nine-month low
China’s manufacturing activity hit a nine-month low in June as demand fell, according to HSBC’s closely-watched Flash China Manufacturing Purchasing Managers’ Index (PMI).
Virtus Health : Fertility services company to expand into Asia
Australia’s Virtus Health, the world’s first publicly listed fertility services company, plans to expand into Asia and grow at around four percent annually over the long-term.
CKI-led consortium buys Dutch waste company for HK$9.7b
A consortium of Hong Kong billionaire Li Ka-shing’s companies has bought a waste management company in the Netherlands.
AirAsia X plans fleet expansion
Malaysian long-haul budget carrier AirAsia X says it plans to use proceeds from a public listing to more than triple its fleet in the next four years to meet demand in Asia-Pacific.
Apple faces U.S. ban on older iPhones
Apple has lost a ruling by a U.S. trade panel in a patent dispute with rival Samsung, which could mean some older models of the iPhone and iPad are banned from sale in the country.
Qantas welcomes new investor to Jetstar Hong Kong
Hong Kong-based shipping and property giant Shun Tak Holdings, founded by Macau casino tycoon Stanley Ho, has bought a 33.3 percent stake in new budget airline Jetstar Hong Kong.
Japan’s Prime Minister, Shinzo Abe, hails Africa
Japan’s Prime Minister Shinzo Abe has described Africa as a “growth centre” and said now is the time to invest in the continent.
