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Foreign investments in France hit 10-year high

6 months, 12 days ago
PARIS: The number of foreign investment projects in France reached a 10-year high last year, the latest spot of encouraging news for President Emmanuel Macron as he tries to make the country a more business-friendly destination. The…

BMW says big industry investments may spur consolidation

1 year, 7 months ago
MUNICH: BMW CEO Harald Krueger said the big investments needed for next-generation drivetrains and digital business models were likely to spur further consolidation in the wake of PSA Group's purchase of Opel from General Motors. "The…

Chinese magnate to buy English soccer team Aston Villa

2 years, 4 months ago
LONDON/SHANGHAI: A Chinese magnate has agreed to buy historic English football club Aston Villa, the latest in a series of investments from China into football worldwide as President Xi Jinping looks to make the country a global powerhouse…

Pakistan hands land over to China for economic zone

2 years, 11 months ago
QUETTA: Pakistan handed hundreds of hectares of land over to China Wednesday for development of a special economic zone in the port of Gwadar, part of a $46 billion project giving Beijing greater access to the Middle East, Africa and…