US oil major Exxon Mobil Corp, along with Chevron Corp, is seeking to bulk up in the burgeoning renewable fuels space by finding ways to make such products at existing facilities, sources familiar with the efforts said.

A group of 29 US House Democrats want congressional leaders to include at least $160 billion in additional funding for electric vehicles as part of a $3.5 trillion spending measure, according to a letter seen by Reuters. 

India is set to allow Boeing Co’s 737 Max jets to resume flights in the country within days, Bloomberg News reported on Thursday, citing a person familiar with the matter.

Spending on credit and debit cards in Britain rose in the week to Aug. 5 to 99 per cent of its level just before the pandemic in the week, up by 4 percentage points from the week before, according to payment data provided by the Bank of England.

The Chinese government has asked automakers to strengthen data security and store key data generated locally in the country. 

China will draft new laws on national security, technology innovation, monopolies and education, as well as in areas involving foreigners, the national leadership said in a document published late on Wednesday. 

Britain’s economy rebounded 4.8 per cent in the second quarter as the government began relaxing lockdown restrictions, official data showed Thursday.

China will transfer over $6 million to Myanmar’s government to fund 21 development projects, Myanmar’s foreign ministry said, in a sign of cooperation resuming under the junta that overthrew an elected government on February 1.

China Communications Construction Company will be tasked with ensuring maintenance of the Bangabandhu bridge for the next five years for Tk 170 crore.

China’s tighter social restrictions to fight its latest Covid-19 outbreak, now in its fourth week and involving more than a dozen cities, are hitting the services sector especially travel and hospitality in the world’s second-largest economy.

US cyber security giant NortonLifeLock is to buy Czech rival Avast for over $8 billion to create a leading consumer business, the pair announced Wednesday after the pandemic fuelled online activity.

Volvo Cars, owned by China’s Geely Holding, will temporarily stop production at its Swedish plant in Gothenburg due to the shortage of semiconductor chips, it said on Wednesday.

China’s vehicle sales slid in July for a third consecutive month, hit hard by flooding in some areas of the country, Covid-19 outbreaks in other areas and the global shortage of semiconductors. 

The US Senate approved a $3.5 trillion spending blueprint for President Joe Biden’s top priorities early on Wednesday morning in a 50-49 vote along party lines, after lawmakers sparred over the need for huge spending to fight climate change and poverty.

Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as rise of demand in Europe and the United States outweighed concerns over a rise of Covid cases in Asian countries.

Once brimming with combat boots, flak jackets and other war paraphernalia, the smugglers’ markets in Pakistan are being forced to rethink their business model as foreign troops exit Afghanistan and contraband dries up.

The US Senate has set a Tuesday vote on passage of a $1 trillion bipartisan infrastructure bill that is one of President Joe Biden’s top priorities, and then will immediately begin to debate a more far-reaching $3.5 trillion bill.

US electric vehicle maker Tesla Inc sold 32,968 China-made vehicles in July, including 24,347 for export, the China Passenger Car Association (CPCA) said on Tuesday.

InterContinental  Hotels Group on Tuesday announced a return to first-half profits as  vaccination rollouts and the lifting of lockdowns boosted travel demand.

Companies should not rely on governments to reach agreement at a global summit on climate change this year, but rather take more action themselves, Standard Chartered CEO Bill Winters said on Tuesday.