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German rail giant steps up 'Silk Road' freight line to China![]() ![]() Berlin (AFP) Dec 29, 2016 German state rail operator Deutsche Bahn said Thursday it planned to significantly ramp up cargo transport to China following a record year, using the world's longest train line in a modern-day revival of the Silk Road route. More than 40,000 containers were transported between the two countries in 2016, up from 35,000 a year earlier and "the largest volume of goods" moved on the iron link so far, Deutsche Bahn (DB) said in a statement. "This is a good basis from which to increase the number of ... read more |
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![]() China has set a target of reducing its annual coal capacity by 800 million tonnes, according to a government plan reported Saturday by state media. ... more ![]() ![]() China's State Grid Corporation is set to build a $1.5-billion power line across Pakistan to enable the transmission of 4,000 megawatts of electricity from the country's north to south, the government said Friday. ... more ![]() ![]() Taiwan tech-giant Foxconn plans to build an $8.8-billion factory in China, state media said Saturday, amid reports its billionaire boss is cooling off on future US investments. ... more ![]() ![]() Manufacturing activity in China slowed slightly in December, official figures showed Sunday, as the world's second largest economy stabilises. ... more |
Previous Issues | Dec 30 | Dec 29 | Dec 28 | Dec 27 | Dec 26 |
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![]() French companies will be required to guarantee a "right to disconnect" to their employees from Sunday as the country seeks to tackle the modern-day scourge of compulsive out-of-hours email checking. ... more ![]() ![]() Less than half of oil industry survey respondents expect OPEC to make good on its promise to cut production in 2017, the Federal Reserve Bank of Dallas found. ... more ![]() ![]() With oil prices recovering, growth in the Russian economy may be twice as high as official government estimates, the country's finance minister said. ... more ![]() ![]() It's the end of an era and another sign of digital dominance: Friday is the final day screaming, gesturing traders can buy and sell commodities, including oil, on a trading floor in New York. ... more ![]() ![]() Offshore Norway continued its trajectory for expanded oil and gas exploration work, with the government signing off on two new programs. ... more |
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![]() ![]() Denmark's largest gas field to close ![]() ![]() A minority player in OPEC-member Nigeria said it was able to stimulate crude oil production at one of its operating areas by about 15 percent. ... more ![]() ![]() Irish exploration company Circle Oil said its listing on the London stock exchange will be canceled by the end of the week amid financial strains. ... more |
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