Companies would choose rail without subsidies because high-value and time-sensitive products are often made in inland cities, such as Chongqing and Chengdu.

The Chicago-based FairX lists futures contracts that track markets, including stock indices and oil. Its contracts are cleared by Nodal Clear, which is controlled by Deutsche Börse

The contracts, worth $121 million, went to China's BYD and Chile's Servicios y Operaciones Mineras del Norte, the minerals ministry said

Melbourne-based miner signed a deal to invest up to $100 million in Tanzania’s Kabanga nickel and cobalt project, two metals vital for EVs

Chamber says the US needs to have a cohesive strategy about confronting China on regulatory practices and rights abuses, but also incorporating elements to encourage trade

The judge also rejected Facebook's argument that the case was fuelled by a bias against the company by FTC chairwoman Lina Khan

The moves follow an import suspension by South Korea last month, after Canada reported its first bovine spongiform encephalopathy case in six years.

Emerging economies should be ready for potential turbulence, the IMF said, as faster-than-expected US rate hikes could trigger capital outflows and currency depreciation

A slide in bond prices has pushed the 10-year Treasury yield to 1.769%, its highest since early 2020

The rise of artificial intelligence has fuelled demand for high-capacity chips as tech firms race to deliver 'smarter' services and products

Executives have spent years talking up ambitions, allocating billions of dollars to add more electrics to their global lineups

Asia's richest man Mukesh Ambani has bid for a controlling stake of the Mandarin Oriental Hotel in New York. The hotel would become part of Reliance's hospitality interests.