Action on unfair practices is essential to stop the auto industry suffering like steel, aluminium and solar
2023-10-02
High-income countries giving out cash that gets spent on imported Chinese cars and solar panels is politically tricky
2023-10-02
Oct 2 (Reuters) – Hollysys Automation Technologies (HOLI.F), a China-based maker of automation and control systems, said on Monday it had formed a special committee to review a $1.55 billion offer from a consortium and start a sale process.
In August, a consortium led by Recco Control Technology and Dazheng Group Investment Holdings made an all-cash offer of $25 per share to buy the company.
China's Hollysys forms committee to review $1.55 bln takeover offer comes via ChinaTechNews.com.
2023-10-02
Hollysys Automation Technologies, a China-based maker of automation and control systems, said on Monday it had formed a special committee to review a $1.55 billion offer from a consortium and start a sale process.
In August, a consortium led by Recco Control Technology and Dazheng Group Investment Holdings made an all-cash offer of $25 per share to buy the company.
China's Hollysys forms committee to review $1.55 billion takeover offer comes via ChinaTechNews.com.
2023-10-02
Bird loses its NYSE wings, Uber gets tight with taxis and Tesla gets sued again for racial discrimination
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every…
2023-10-02
Tensions between the West and China are rising, from tit-for-tat trade tariffs to tech rivalry and spying allegations.
The ramifications for global markets are significant, with Washington and Beijing’s determination to loosen dependence on each other …
2023-10-02
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2023-10-02
FILE PHOTO-Taiwan's President Tsai Ing-wen attends the launching ceremony of Narwhal, its first domestically built submarine, in Kaohsiung, Taiwan September 28, 2023. REUTERS/Carlos Garcia Rawlins/File Photo Acquire Licensing Rights
TAIPEI, Oct 2 (Reut…
2023-10-02
Along the border between Norway and Finland lies the world’s greatest Atlantic salmon river. To the Norwegians, it is the Tanaelva or Tana; the Finns call it the Tenojiko or Teno. But to both countries it is known as one of the purest and cleanest rive…
2023-10-02
Sluggish post-pandemic recovery, China’s property crisis and US trade policies expected to hinder growth next year
2023-10-02
A cluster of companies in a city near Shanghai faces rising competition and slowing Chinese growth
2023-10-02
Megha Engineering and Infrastructures Ltd (MEIL) is in talks to assemble the Atto 3 and e6 electric cars from China’s BYD Auto Co. Ltd in India, two people aware of the development said, at a time its $1 billion investment plan with the electric vehicl…
2023-10-02
Staff hired to work on its finances before the planned IPO describe surprisingly poor processes that had slowed financial reporting to a glacial pace and limited the flow of information to the board. Internal presentations, messages and calendars obtai…
2023-10-02
Outside of a wages surprise, Kearns says the cash rate has now peaked but he wasn’t always so dovish. He initially thought the RBA, where he worked for 25 years in domestic markets, financial stability, and economic research, would need to lift the cas…