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F
09 November 2020
Farfetch Raises USD 1.1 Bn Investment from Alibaba and Richemont to Expand in China
Online fashion retailer Farfetch, founded by portuguese entrepreneur José Neves, will get a USD 1.1bn investment from Chinese tech giant Alibaba and Swiss watch and jewellery group Richemont, to be used to expand in the fast-growing luxury goods market in China.
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06 November 2020
New Demands for Foreign Workers Re-entering China a ‘de Facto Ban’ – European Chamber
New demands by China for foreign workers re-entering the country, starting 7 November, are a 'de facto ban', according to the European Chamber of Commerce in China (ECCC).
S
06 November 2020
Samsung Nears Conclusion of Mozambique Gas Facility Construction
Samsung Heavy Industries shipyard is nearing the conclusion of the construction of the Coral-Sul FLNG facility, which will sail-away to Mozambique in 2021 to begin natural gas extraction in the north of the country.
A
04 November 2020
Alibaba in “advanced discussions” to invest USD 300 million in online retailer Farfetch
Chinese e-commerce giant Alibaba is reportedly in “advanced discussions” to invest nearly USD 300 million in online luxury fashion retailer Farfetch, created by Portuguese entrepreneur José Neves.
B
04 November 2020
Brazil´s Minerva to Create JV With Chinese Group for Meat Trade in China
Minerva, the largest beef exporter in South America, signed a non-binding memorandum of understanding with the Chinese conglomerate Greenland to create a joint venture for the import and distribution of meat in the Asian country.
P
04 November 2020
Portugal´s EDP Eyeing Bids for Brazilian Power Utility and Distribution
EDP Brasil, owned by Portugal´s EDP group, is considering bids for the privatization of Brazilian power utility Companhia Energética de Brasília (CEB-D), which could top USD 240 million, and for an auction of distribution infrastructure.
Portugal´s AEP Business Association Preparing “Virtual” Missions to Asia
Portugal´s AEP business association is organizing a series of "virtual missions" to East Asia, focused on the markets of China, Hong Kong, Japan, Macau and South Korea.
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02 November 2020
“Substantial Risks” to Cabo Verde Economic Recovery – IMF
The Covid-19 pandemic continues to severely affect the Cabo Verde economy, with GDP projected to contract by 6.8 percent in 2020, and a recovery in 2021 faces "substantial risks", according to the International Monetary Fund (IMF).
C
02 November 2020
China’s Shandong province Says Covid-19 Found in Meat Imported From Brazil
Packaging on a batch of frozen pork imported from Brazil which had entered a district in Eastern China’s Shandong province has tested positive for the coronavirus, the local government said.
B
02 November 2020
Brazil Will “Of course” Buy Chinese COVID-19 Vaccine, Vice President Says
Brazil’s government will “of course” buy a Chinese COVID-19 vaccine that is being tested in the country, Vice President Hamilton Mourao said, contradicting previous statements by President Jair Bolsonaro.
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