Ford Motor Co. will take a direct stake in a battery-nickel plant under construction in Indonesia, deepening its role in the supply chain as carmakers try to secure materials for electric vehicles.
Alibaba Group Holding Ltd. and JD.com Inc. have begun preparations for a trio of the year’s biggest Chinese debuts, heralding a wave of initial public offerings that promise to breathe new life into the struggling technology industry and Hong Kong’s stock market.
Asian stocks advanced with US and European equity futures as a gauge of global shares headed for a second-straight quarterly gain, underscoring investor optimism in the face of banking turmoil and elevated interest rates.
Rugby Australia plans to kick off the search for new investors as soon as in the next two weeks as it gets ready for key international games including the 2029 World Cup and to fund the growth of women’s rugby.
Oil headed for a weekly surge of more than 7% as an ongoing disruption to Iraqi exports tightened the market ahead of US inflation data.
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