6 d. ago Trump says might keep Exxon out of Venezuela after CEO called it ‘uninvestable’

US President Donald Trump said on Sunday that he might block ExxonMobil from investing in Venezuela after the oil major’s CEO called the country “uninvestable” during a White House meeting last week. Exxon CEO Darren Woods told Trump that Venezuela would need to change its laws before it could be an attractive investment opportunity, during the high-profile meeting on Friday with at least 17 other oil executives. Trump had urged the group to spend US$100 billion to revitalise Venezuela’s oil...

Politics

6 d. ago Trump says might keep Exxon out of Venezuela after CEO called country ‘uninvestable’

US President Donald Trump said on Sunday that he might block ExxonMobil from investing in Venezuela after the oil major’s CEO called the country “uninvestable” during a White House meeting last week. Exxon CEO Darren Woods told Trump that Venezuela would need to change its laws before it could be an attractive investment opportunity, during the high-profile meeting on Friday with at least 17 other oil executives. Trump had urged the group to spend US$100 billion to revitalise Venezuela’s oil...

Politics

8 d. ago Trump ‘cancelled’ second attacks on Venezuela after prisoner release, eyes oil investments

US President Donald Trump said on Friday he called off a second wave of attacks on Venezuela after the government, whose leftist president was removed by Washington, began releasing prisoners. Trump made the comments as he prepared to meet major oil corporations that he said will invest at least US$100 billion in Venezuela, which has the world’s largest oil reserves. Trump was implicitly making clear he is ready again to use force to get his way in Venezuela, which he has vowed to force to...

Events

8 d. ago US seizes fifth tanker as Washington escalates bid to control Venezuela’s oil

The US took control of its fifth oil vessel in recent weeks on Friday in the latest move tied to the Donald Trump administration’s effort to control Venezuelan oil exports. Friday’s operation came ahead of a meeting between Trump and American oil executives where the US president sought to convince them to commit to an investment pledge in Venezuela. “At least 100 Billion Dollars will be invested by BIG OIL, all of whom I will be meeting with today at The White House,” he said on social media...

Events

1 week ago China’s $100 Billion Gamble On Venezuela In Jeopardy: Is Beijing The “Biggest Loser” Of U.S. Military Ops On Maduro?

China’s $100 Billion Gamble On Venezuela In Jeopardy: Is Beijing The “Biggest Loser” Of U.S. Military Ops On Maduro?  EurAsian Times

Events

1 week ago Air China’s HK$1.32 billion Cathay stake sale ‘tactical’, Hong Kong carrier CEO says

Air China has sold part of its stake in Cathay Pacific Airways for HK$1.32 billion (US$167 million), but the Hong Kong carrier’s CEO has said the move will not affect the mainland airline’s role as a strategic shareholder. Cathay Group CEO Ronald Lam Siu-por said on Tuesday that the sale of a 1.6 per cent stake in the company was a “tactical” move, as he unveiled events marking the carrier’s 80th anniversary. “I believe and understand that this is only tactical. Air China will remain our...

Economics

1 week ago Air China’s HK$1.32 billion Cathay stake sale ‘tactical’: Hong Kong carrier CEO

Air China’s HK$1.32 billion Cathay stake sale ‘tactical’: Hong Kong carrier CEO  South China Morning Post

Economics

1 week ago Cathay Pacific CEO says Air China's $170 million stake sale a 'tactical' move

Cathay Pacific CEO says Air China's $170 million stake sale a 'tactical' move  Reuters

Economics

1 week ago Air China to sell 1.61% stake in Cathay Pacific for $170 million

Air China to sell 1.61% stake in Cathay Pacific for $170 million  Reuters

Economics

1 week ago China’s $100 billion in loans at stake in Venezuela after US captures Maduro

China’s $100 billion in loans at stake in Venezuela after US captures Maduro  MSN

Economics

1 week ago December roundup of major joint ventures and partnerships: China FAW takes a stake in Leapmotor; Two century

December roundup of major joint ventures and partnerships: China FAW takes a stake in Leapmotor; Two century-old auto giants forge a strategic partnership  Gasgoo

Politics

2 w. ago What’s at stake for China in Venezuela? A $100 billion in loans and a crumbling economy

What’s at stake for China in Venezuela? A $100 billion in loans and a crumbling economy  ThePrint

Economics

2 w. ago China Ever Grand Explores Sale of Beijing Leasing Stake to Settle Litigation

China Ever Grand Explores Sale of Beijing Leasing Stake to Settle Litigation  TipRanks

Politics

2 w. ago China’s FAW buys US$534 million stake in Leapmotor as EV firm sees deliveries jump in 2026

Stellantis-backed Zhejiang Leapmotor Technology has become the first Chinese electric vehicle (EV) manufacturer to receive investment from a state-owned enterprise amid the strong popularity of its affordable intelligent cars. FAW Group, mainland China’s oldest carmaker, has agreed to acquire a 5 per cent stake in the Hong Kong-listed EV assembler for 3.74 billion yuan (US$534 million) by buying an additional 74.8 million shares at HK$55.29 apiece, according to a stock exchange filing by...

Economics

2 w. ago China’s oldest carmaker FAW buys US$534 million stake in EV assembler Leapmotor

China’s oldest carmaker FAW buys US$534 million stake in EV assembler Leapmotor  South China Morning Post

Economics

2 w. ago TCL China Star Buys Majority Stake in LED Chips Maker Zhaoyuan Optoelectronics for USD69.7 Million

TCL China Star Buys Majority Stake in LED Chips Maker Zhaoyuan Optoelectronics for USD69.7 Million  Yicai Global

Economics

3 w. ago Panama Canal ports deal at risk after China’s Cosco demands majority stake

Panama Canal ports deal at risk after China’s Cosco demands majority stake  Financial Times

Events

4 w. ago Golden Goose gets new majority owner as China's HSG buys stake from Permira

Golden Goose gets new majority owner as China's HSG buys stake from Permira  Reuters

Politics

4 w. ago China's HSG buys majority stake in Italian luxury sneakers Golden Goose

China's HSG buys majority stake in Italian luxury sneakers Golden Goose  Reuters

Politics