Dalian Wanda buys another cinema chain as Wang Jianlin presses on

Chinese multinational conglomerate Dalian Wanda has bought the Odeon & UCI cinema chain from the Terra Firma…

UK ministers begin post-Brexit trade talks with visits to India and China

post-Brexit trade talks: UK Business Minister Said Javid was due to hold preliminary talks  with government…

Freight forwarders fear Brexit may impact on Heathrow airport expansion

Heathrow airport expansion: The UK freight forwarding industry yesterday voiced concerns that last week’s vote for…

Brexit expected put brakes on India-EU FTA negotiations

Brexit: UK’s vote to leave the EU is expected to delay Indian attempts to establish a free trade agreement…

Russian billionaire Yuri Milner pumps $100bn into Breakthrough Starshot

Breakthrough Starshot: Russian billionaire internet investor Yury Milner  has joined forces with the world-famous physicist Stephen Hawking…

IMF ups forecast for Turkish economy to 3.8% amid global gloom

Turkish economy: The IMF yesterday  revised its growth forecast for Turkey in the current year upwards  from 3.2% to 3.8%, while downgrading…

East-West ocean freight rates down 20% with more cuts on horizon

Year-on-year Ocean freight rates for cargo moving under contracts on major East-West trade routes dropped by…

Chinese consortium to invest $14bn in Scottish transport projects

Scottish transport projects: Chinese investment group SinoFortone Group and the China Railway No 3 Engineering Group have signed…

Domestic downturn triggers $20bn Chinese overseas property stampede

Chinese overseas property stampede: Faced with a downturn in the domestic property market, Chinese investors spent more…

ICBC issues $10bn bond in London

In the first dollar-denominated issue by a Chinese mainland bank on the London Stock Exchange (LSE),…

London Stock Exchange agrees to help Astana establish international financial hub

The London Stock Exchange Group (LSEG) is to help its Kazakh counterpart KASE  to increase listing opportunities for Kazakh…

BP and SOCAR to look for more oil off Absheron peninsula

BP is planning to begin seismic surveys the shallow waters around the Absheron peninsula in the Azerbaijani…

Oyu Tolgoi copper mine expansion still on, Rio Tinto assures investors

Rio Tinto’s Turquoise Hill Resources subsidiary has reassured investors that it expects to finalise financing for the $6.8bn …

China’s Lakala and UK’s Allpay to build joint ecommerce platform

China’s largest community financial self-service terminal operator Lakala has signed an agreement with Britain’s Allpay bill payment…

Contracts for $62bn sealed during Xi UK visit with “no hard landing” in sight

Xi UK visit: As well as the rubber-stamping of China’s $9.25bn investment in the UK’s nuclear industry,…

China’s CGN to invest £9bn in Hinkley Point nuclear power plant

China’s General Nuclear Power Corporation (CGN) has agreed to pay £6bn for a 33% stake in the…

Huawei to invest in UK graphene research project for ICT sector

Graphene: Chinese telecommunications equipment giant Huawei is expected to use President Xi Jinping’s visit to the…

Ineos buys up Fridman’s North Sea fields

The Swiss chemical company Ineos has acquired the 11 oil and gas fields in the UK’s North Sea waters that Russian…

China pledges $3bn to UK’s Hinkley Point nuclear plant

China has pledged to  invest $ 3.1bn  in the construction of  the UK’s Hinkley Point nuclear power…

Business as usual for oil sector as CEOs get set to descend on St Petersburg for SPIEF

Senior executives from some of the world’s biggest oil companies –  including BP, Royal Dutch Shell…

UK gives Fridman six months to sell North Sea assets

The UK government has given Mikhail Fridman six months to sell the dozen North Sea oil and…

UK VC Charlemagne Capital leads return to Iran

UK VC Charlemagne Capital leads return to Iran: London-based asset manager Charlemagne Capital has become the first…

Harvey Nichols opens Baku store – its largest outside London

Harvey Nichols has opened a seven-floor 120,000 m² in  Baku’s Globus Plaza – its largest outside London. “Baku has…

Jeremy Clarkson offered job by state-run Zvezda TV station

Jeremy Clarkson, the Top Gear presenter recently sack by the BBC for assaulting and verbally abusing…