Bloomberg China’s spending on overseas energy projects has dropped to its lowest in more than a decade, as the nation focusses on domestic issues and rethinks its strategy around indebtedness and the world’s energy mix. The nation’s foreign energy financing dropped by 69% to $3.2 billion in 2019, according to data from Boston University’s Global Development Policy Center. Only three …

Bloomberg Samsung Electronics Co is starting a new decade with a new chief in charge of its mobile business, but it’s doing it in the same old fashion: by leaning into its semiconductor advantage to overwhelm consumers with unmatched specs on its latest Galaxy devices. Announced at simultaneous events in San Francisco and London, Samsung’s Galaxy S20 family of Android …

Bloomberg Hyundai Motor Group has struck a deal to develop electric vehicles (EV) with Los Angeles-based startup Canoo. Under the terms of the agreement, Hyundai and its Kia affiliate will gain access to Canoo’s engineers and technology as the two South Korean automakers look to expand their production of EVs. Hyundai and Kia both recently announced plans to invest heavily …