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09 November 2020

Farfetch Raises USD 1.1 Bn Investment from Alibaba and Richemont to Expand in China
Online fashion retailer Farfetch, founded by portuguese entrepreneur José Neves, will get a USD 1.1bn investment from Chinese tech giant Alibaba and Swiss watch and jewellery group Richemont, to be used to expand in the fast-growing luxury goods market in China.
06 November 2020

New Demands for Foreign Workers Re-entering China a ‘de Facto Ban’ – European Chamber
New demands by China for foreign workers re-entering the country, starting 7 November, are a 'de facto ban', according to the European Chamber of Commerce in China (ECCC).
06 November 2020

Samsung Nears Conclusion of Mozambique Gas Facility Construction
Samsung Heavy Industries shipyard is nearing the conclusion of the construction of the Coral-Sul FLNG facility, which will sail-away to Mozambique in 2021 to begin natural gas extraction in the north of the country. 
04 November 2020

Alibaba in “advanced discussions” to invest USD 300 million in online retailer Farfetch
Chinese e-commerce giant Alibaba is reportedly in “advanced discussions” to invest nearly USD 300 million in online luxury fashion retailer Farfetch, created by Portuguese entrepreneur José Neves.
04 November 2020

Brazil´s Minerva to Create JV With Chinese Group for Meat Trade in China
Minerva, the largest beef exporter in South America, signed a non-binding memorandum of understanding with the Chinese conglomerate Greenland to create a joint venture for the import and distribution of meat in the Asian country.
04 November 2020

Portugal´s EDP Eyeing Bids for Brazilian Power Utility and Distribution
EDP Brasil, owned by Portugal´s EDP group, is considering bids for the privatization of Brazilian power utility Companhia Energética de Brasília (CEB-D), which could top USD 240 million, and for an auction of distribution infrastructure.
02 November 2020

China’s Shandong province Says Covid-19 Found in Meat Imported From Brazil
Packaging on a batch of frozen pork imported from Brazil which had entered a district in Eastern China’s Shandong province has tested positive for the coronavirus, the local government said.
02 November 2020

Brazil Will “Of course” Buy Chinese COVID-19 Vaccine, Vice President Says
Brazil’s government will “of course” buy a Chinese COVID-19 vaccine that is being tested in the country, Vice President Hamilton Mourao said, contradicting previous statements by President Jair Bolsonaro.
29 October 2020

US Opposes China-Backed African Candidate for WTO Director
The U.S. has vetoed a bid by the front-runner to be the World Trade Organization’s next director-general, Ngozi Okonjo-Iweala, former Nigerian minister who is backed by China, the European Union countries and several key members of the organization. 
28 October 2020

China´s Aliexpress to Profit from E-commerce Boom in Brazil
E-commerce is booming in Brazil this year and China´s Aliexpress is expecting to profit from the trend, by overcoming transport and logistics barriers, its general manager in the South American country says.
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