2426Economy

Singapore Airlines drops 'flights to nowhere' after outcry

Singapore Airlines said Tuesday it had scrapped plans for “flights to nowhere” aimed at boosting its coronavirus-hit finances after an outcry over the environmental impact. With the aviation industry in deep crisis, several carriers — including in…
AngolaChina

"China has done everything it can to help Angola"

Angola’s debt restructuring agreement with China will be signed “very soon”. The guarantee was given by a spokesman for the Ministry of Foreign Affairs of China. “At this point, a debt restructuring agreement has basically been reached,” said…
AngolaEconomy

Isabel dos Santos tries to stop Efacec's nationalization

Winterfell, Isabel dos Santos’ company that controlled Efacec, announced on Tuesday that it has presented an appeal against the Government’s decision to nationalize its shares in the company. “Winterfell company, in the scope of the exercise of its…
ChinaEconomy

China's first 'online economy' university opens in Putuo

China’s first university focused on the online economy has been launched in Putuo District to offer new occupational training for the mobile Internet era. Himalaya University, jointly developed by the Putuo government, Shanghai Huayi Group and Shanghai-based podcast…
ChinaEconomy

Shanghai now third in ranking of global financial centers

Shanghai has been ranked among the top 3 global financial hubs, following New York and London, according to the 28th edition of the Global Financial Centers Index report launched on Friday. Shanghai moved up one place to third and Tokyo dropped one place to fourth…
AngolaEconomy

Sovereign fund invests $8.6M in rare earth project

Australian mining company Pensana Rare Earths announcedon Mondaythat the Angolan Sovereign Base Fund would invest a further US$8.6 million in the precious metal research project in Longonjo, Huambo province. Through the subscription of more of the…