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China
26 July 2022
Chinese fashion retailer Shein´s earnings in Brazil reach USD 364 million
Chinese fashion retailer Shein´s earnings in Brazil have reached BRL 2 billion (USD 364 million), according to analysts from local bank BTG Pactual.
26 July 2022
State Grid joins UN´s Global Compact Network Brazil
State Grid Brazil Holding has joined the Global Compact Network Brazil, a voluntary initiative of the United Nations to engage the private sector and business practices in the areas of human rights, labor, environment and anti-corruption.
25 July 2022
Angola to earn USD 2 billion from Lobito corridor concession to Mota-Engil
The Angolan state will earn over USD 2 billion with the concession of Lobito corridor to Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC.
25 July 2022
New Development Bank approves projects totalling USD 875 million in Brazil, China and India
The New Development Bank (NDB) has just approved five new projects totalling USD 875 million for water, sanitation, ecotourism and transport, supporting commitments by Brazil, China and India towards the Sustainable Development Goals (SDGs).
22 July 2022
China’s COVID-19 lockdowns boost demand for Mozambique graphite, Syrah says
Australia's Syrah Resources is seeing strong demand for the graphite it mines in Mozambique, thanks in part to China's COVID-19 lockdowns which are impacting production there.
20 July 2022
Brazilian Ride-Hailing App 99 and China´s BYD launch joint EV tests
Brazilian ride-hailing app 99, owned by China’s Didi Chuxing Technology Co Ltd, has signed an agreement with Chinese automaker BYD to start testing an electric car developed for its drivers.
20 July 2022
Hong Kong Monetary Authority and 20 financial giants promote GBA fintech talent
Hong Kong’s de facto central bank and a total of 20 financial giants have announced a new initiative to nurture fintech talent in the Greater Bay Area (GBA).
19 July 2022
China´s Binance hiring in Portugal while awaiting central bank approval
China´s Binance, the world’s largest cryptocurrency broker, is in a recruitment process to start operations in the Portuguese market.
19 July 2022
Appeal Court in Portugal upholds Haitong fine
The Lisbon Court of Appeal confirmed a fine of EUR 400,000 for Haitong Bank, formerly Banco Espírito Santo International (BESI), in connection with the sale of ESI and Rioforte commercial paper in Espirito Santo banks in Portugal.
19 July 2022
Capital Airlines to connect Portugal and China through Hangzhou
China´s Capital Airlines will start connecting Portugal and China through the city of Hangzhou, the capital of Zhejiang province.
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