INSIGHT

China’s COFCO makes painful cuts in drive to lead global food trade

China’s COFCO makes painful cuts in drive to lead global food trade

Published 12/01/2018

FILE PHOTO: The company logo of China Oil and Foodstuffs Corporation (COFCO) is seen at its headquarters in Beijing, China, November 3, 2016. REUTERS/Thomas Peter/File [more…]

China`s recyclers eye looming electric vehicle battery mountain

China`s recyclers eye looming electric vehicle battery mountain

Published 23/10/2017

After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China's streets. [more…]

Inspection battle threatens Egypt`s wheat supply

Inspection battle threatens Egypt`s wheat supply

Published 17/10/2017

Wheat shipments to Egypt, the world's largest buyer, are being disrupted by a dispute involving government inspectors angered by a ban on the expenses-paid foreign trips they once enjoyed to approve cargoes at their ports of origin. [more…]

Microsoft responded quietly after detecting secret database hack in 2013

Microsoft responded quietly after detecting secret database hack in 2013

Published 17/10/2017

Microsoft Corp's secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. [more…]

Awaiting better days, multinationals keep Venezuela units alive – barely

Awaiting better days, multinationals keep Venezuela units alive – barely

Published 06/10/2017

Venezuelan auto worker Celso Nunez spends his days moonlighting as a mover and trading salvaged building materials in his worn-out red pick-up. [more…]

White tiger, dark horse: North Korean art market heats up

White tiger, dark horse: North Korean art market heats up

Published 04/10/2017

Lin Wong, Giselda Vagnoni and Fanny Potkin [more…]

Chinese creditors find even state-backed credit protection has its limits

Chinese creditors find even state-backed credit protection has its limits

Published 29/09/2017

Since the collapse more than two years ago of China's second-biggest loan guarantor, the state-backed Hebei Financing Investment Guarantee Group, creditors including powerful financial institutions have been trying to get billions of dollars of their money back. They have failed. [more…]

Rap and the Party: China taps youth culture to hook millennial cadres

Rap and the Party: China taps youth culture to hook millennial cadres

Published 25/09/2017

In his baseball cap and baggy yellow t-shirt, the rap star Li Yijie - better known by his stage name "Pissy" - is an unlikely face of China's strait-laced ruling Communist Party. [more…]

The next oil major? Service firm Schlumberger`s big bet on production

The next oil major? Service firm Schlumberger`s big bet on production

Published 08/09/2017

The world's largest oilfield services company, Schlumberger NV (SLB.N), is spending billions of dollars buying stakes in its customers' oil and gas projects - investing in the same ventures it supplies with equipment and expertise. [more…]

Braving security fears, Chinese seek `Silk Road` riches in Pakistan

Braving security fears, Chinese seek `Silk Road` riches in Pakistan

Published 28/08/2017

Zhang Yang, a businessman from Chongqing in southwest China, is searching online forums for fellow stout-hearted entrepreneurs willing to cast aside security concerns and join him on a scouting mission to Pakistan. [more…]