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Toshiba Wants to be Bought

The Japanese tech giant says it reviews its options, including a possible buyout. That would put an end to a long period of downtime. Toshiba says it has engaged Nomura Securities as a financial advisor to review options for the…

China Sells US Gas to Europe

China has resold several US shipments of liquefied earth ash (LNG) to Europe. Financial news agency Bloomberg reports based on insiders that it concerns at least three tankers full of gas for deliveries in the summer. China itself…

China to Use More Coal

China will use more coal to generate energy this year, Prime Minister Li Keqiang announced. This is because the country expects economic growth to pick up further and avoids power cuts like last year. It is no surprise that coal,…