Recent Posts

Chinese traders freeze Australia’s coal orders

Bloomberg China has delayed customs clearance of coal imports from Australia by as long as 40 days, according to a leading industry body, raising speculation that the world’s biggest shipper of the commodity is being targeted at a time of strained relations between the two nations. Customs officials are taking longer to clear Australian coking coal imports, especially in northern ...

Read More »

Indian billionaire Anil Ambani ordered to pay Ericsson or face jail

Bloomberg India’s top court warned billionaire Anil Ambani he’ll be put behind bars unless his group pays its dues to Swedish supplier Ericsson AB, the latest twist in a dispute that helped push the tycoon’s mobile-phone carrier to file for bankruptcy. Ambani, 59, disobeyed an earlier Supreme Court order for his Reliance Communications Ltd. to pay 5.5 billion rupees ($77 ...

Read More »

Ghosn a victim of conspiracy: Lawyer

Bloomberg Carlos Ghosn is not guilty of the crimes he is accused of and his arrest was the result of a conspiracy at Nissan Motor Co., the jailed car titan’s new lawyer said as he kicked off his defense campaign in Tokyo. Nissan’s internal problems are the reason behind Ghosn’s jailing in Japan, and the carmaker should have dealt with ...

Read More »
Send this to a friend