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China approves Geely acquisition of 34% of Ford España

BEIJING: China’s market regulator has unconditionally approved Geely’s acquisition of 34% of Ford Motor’s Spanish subsidiary Ford España, it said on Monday. In July the companies said Geely would build two electric SUVs at Ford’s factory in Valencia, Spain, and they would together develop a vehicle under a newly formed joint venture. Ford and Geely strike deal for EV production at Spanish plant,…

China approves Geely acquisition of 34% of Ford España

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Pakistan eyes US energy imports, Boeing aircraft financing

Pakistan has discussed increasing energy imports from the United States to diversify supplies and maintain fuel availability amid rising tensions in the Middle East, alongside financing for Boeing aircraft acquisitions The development came during a meeting between Finance Minister Muhammad Aurangzeb and Ambassador Yon of the US State…

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