China can’t be ignored – JPMorgan

The country is too big to sideline, according to the investment bank’s Asia CEO China is an important player on the global economic stage that cannot be left aside, JPMorgan Asia Pacific CEO Sjoerd Leenart said on Thursday at the 20th annual Global China Summit in Shanghai.

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Japanese carmaker leaving Russia

Japanese carmaker Mazda is winding down its business in Russia, the company announced in its financial report on Thursday. “The Company has decided to transfer all of its equity interest in Mazda Sollers Manufacturing Rus [MSMR], an automobile manufacturing and sales company in Vladivostok, Russia, to Sollers PJSC, our joint venture partner, and signed a…

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UK tests blackout emergency plan – Guardian

The exercise is intended to assess how the country copes with outages for up to a week, a report says The British government has “war gamed” emergency plans to cope with energy blackouts lasting up to seven days in the event of a national power outage, The Guardian reported on Tuesday. The stress-testing comes amid…

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