Hyundai Motor to invest $1.55 billion in first Indonesia car plant
South Korea’s Hyundai Motor said on Tuesday it has signed a preliminary deal to build a new factory in Indonesia, which would be its first car plant in Southeast Asia and a crack at Japanese rivals that dominate the market.
Just Eat shareholder Cat Rock urges investors to back Takeaway.com deal
Just Eat shareholder Cat Rock Capital on Tuesday urged investors to back an all-share merger with Takeaway.com , saying it believed the combination could create a company worth 1,200 pence a share in little more than a year.
Alibaba’s Hong Kong shares rise 6.6% on debut in heavy volume
Alibaba Group’s Hong Kong shares closed their first trading session up 6.6% from the issue price after this year’s largest stock sale.
Trade optimism lifts world stock markets
World stocks hit their highest in almost two years on Tuesday, keeping record highs in sight, following fresh signs that the United States and China were working to end a bitter trade war that has dealt a blow to the global economy.
Car parts maker Faurecia sees record profits in 2022, shares rise
French car parts maker Faurecia said it was targeting record sales, profits and cash generation in 2022 as a result of its strategy program and the boost from its acquisition of Japanese company Clarion, lifting its shares.
Oil prices slip as U.S.-China trade deal talks seek breakthrough
Oil prices slipped on Tuesday on concerns about economic growth and fuel demand as uncertainty remains about the ability of the United States and China, the world’s biggest oil users, to agree a preliminary deal to end their trade war.
Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks
Fiat Chrysler and Peugeot-owner PSA told their employees they would sign a binding merger agreement in coming weeks.
Car parts maker Faurecia sees record sales and profits in 2022
French car parts maker Faurecia said it was targeting record sales, profits and cash generation in 2022 as a result of its strategy program and the boost from its acquisition of Japanese company Clarion.
Asian stocks cheer warming trade talks, Alibaba’s strong Hong Kong debut
Asian stocks rose on Tuesday, bolstered by new momentum in Sino-U.S. efforts to end their acrimonious trade dispute and as Chinese e-commerce giant Alibaba made a strong Hong Kong debut in the world’s largest share sale this year.
Alibaba’s Hong Kong shares mark maiden day of trade with small premium to New York
Alibaba Group’s Hong Kong shares made a solid debut on Tuesday, trading 6.9% higher than their issue price and at a small premium to pricing in New York after marking the world’s largest stock sale this year.
