China certifies home-grown large passenger jet

The Comac ARJ21 regional jet, a predecessor of the C919 which carries up to 90 passengers, came into commercial operation in 2008 after a lengthy development period.The aircraft is China’s strive to…

China calls Nord Stream situation ‘tragic calamity’

UN Deputy Permanent Representative Geng Shuang warns of dire consequences for the power market The situation regarding Russia’s Nord Stream pipelines is tragic and may worsen the global power crisis…

OPEC+ to Hold In-Person Oil Meeting Next Week in Vienna

It’s since dropped to $85 as central banks raise interest rates to combat inflation and economies from the US to China sedate, tempering the spectacular windfall being enjoyed by the Saudis and thei…

China to cut housing loan rates for first-home buyers

China to cut housing loan rates for first-home buyers

The housing provident fund is a long-term housing savings plan made up of compulsory monthly deposits by both employers and employees.30 (Xinhua) — China central bank announced on Friday that it wou…

Unilever’s problems will not go away with its boss

He had experience in China, an important growth market, and had run Unilever’s personal-care division, seen by many as key to the company’s future.He clung on to Mr Polman’s target of 20% for op…