Bharat Petroleum and IOC launch LNG buy tenders - trade sources
MILAN India's Bharat Petroleum has launched a tender seeking three liquefied natural gas (LNG) cargoes in total for delivery in October, November and December, trade sources said.
SHANGHAI Ford Motor Co said on Monday its new $510 million auto manufacturing plant in east China has started operation, boosting its car production capacity in the country to more than 410,000 units.
The facility, based in the city of Nanjing, near Shanghai, has an initial annual production capacity of 160,000 units.
The plant is owned by Changan Ford Mazda Automobile, a tie-up linking the second-largest U.S. automaker with Chongqing Changan Automobile Co and Mazda Motor Corp.
Changan Ford Mazda already operates a car plant in southwestern China with annual capacity of 250,000 units, making the mid-sized Focus sedan as well as S-MAX, Mondeo, Volvo S40 and Mazda3 models.
The new plant will make small cars carrying Ford and Mazda badges.
NEW YORK Wall Street rallied on Friday, lifted by a surge in Deutsche Bank shares and financial stocks after concerns eased about the health of the German bank.
DUBLIN The limits of central bank largesse are set to be a hot topic in the coming week as global policymakers head to Washington for the annual International Monetary Find meetings and key data may harden the case for a tightening of U.S. monetary policy.