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China’s FDI decline: Why are foreign companies decreasing their dependency on Asian giant?

China’s reign as the manufacturing hotspot for foreign companies appears to be coming to an end. Greenfield and mergers and acquisitions (M&A) foreign direct investment (FDI) into China is plunging, and investors are growing more concerned about China’s future as other Asian countries become more appealing. Key findings: China is seeing much lower levels of greenfield FDI

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Australia’s Fortescue FFI sees Texas potential among 5 key projects

My View Sign InRegister 2 minute readFebruary 15, 20237:56 AM GMT+5:30Last Updated 24 days ago Australia’s Fortescue FFI sees Texas potential among 5 key projects Reuters MELBOURNE, Feb 15 (Reuters) – Australia’s Fortescue Metals Group (FMG.AX) sees green hydrogen production in Texas as likely to be one of five key projects its energy division will decide to

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Live news updates from February 13: US denies surveilling Chinese airspace, Liberty Global buys Vodafone stake

US not flying surveillance craft over Chinese airspace, White House says Peter Wells in New York The White House said it is not flying any surveillance craft over Chinese airspace, pushing back at claims from Beijing that the US has repeatedly flown surveillance balloons into its airspace. Beijing’s allegation came after the US shot down what

Live news updates from February 13: US denies surveilling Chinese airspace, Liberty Global buys Vodafone stake Read More »

FDI round-up: Aramco calls for renewables reality check, Europe’s €792bn energy bill, CFIUS extends UK exemption

Top story: Saudi Aramco’s boss Amin Nasser (pictured) has said that pressure to discontinue hydrocarbon investments is based on flawed assumptions. Source: Getty Image The CEO of Saudi’s Aramco has called for a reality check on how quickly the global energy transition can unfold and said “alternatives are not ready to shoulder the heavy burden of global demand.”

FDI round-up: Aramco calls for renewables reality check, Europe’s €792bn energy bill, CFIUS extends UK exemption Read More »

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US clears UK to keep exemption from foreign investment reviews Real estate and non-controlling deals free from screenings after Britain steps up rules Treasury secretary Janet Yellen chairs the Committee on Foreign Investment in the US, which decided to allow the UK to keep its carve-out for some foreign investment deals © Bloomberg US clears

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FDI round-up: Fortescue to axe 1000 jobs, CIP invests €8bn in Portuguese wind, Singapore’s investment record

Top story: Fortescue Metals’ boss Andrew Forrest, (pictured with Australia’s former prime minister, Scott Morrison), is preparing to cut the group’s headcount. Image via Getty Images Australia’s Fortescue Metals plans to axe 1000 jobs, according to the country’s national newspaper The Australian. The job cuts will be across its back-office and clean energy business, Fortescue Future

FDI round-up: Fortescue to axe 1000 jobs, CIP invests €8bn in Portuguese wind, Singapore’s investment record Read More »

FDI round-up: Total pauses Adani investments, Taiwan and Canada talk trade, Unilever doubles down on Mexico

Top story: Total’s investment with Adani Group has been called into question after allegations of fraud at the Indian conglomerate. Image via Mercury Bloomberg. France’s TotalEnergies has halted a planned $4bn green hydrogen investment with the beleaguered Indian conglomerate Adani Group, the energy titan told reporters at the Financial Times. Total said on February 8 that it

FDI round-up: Total pauses Adani investments, Taiwan and Canada talk trade, Unilever doubles down on Mexico Read More »

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