Research indicates online commerce in the food and beverage industry will grow by more than 8% annually in coming years.
Lusofonia
Brazilian producers urge government to resolve impasse as 60% of country’s beef is sold to China.
January-August trade valued at US$162 billion as China’s thirst for oil, semi-precious metals and agricultural products continues.
China’s CITIC and CR20 vie with Portugal’s Mota-Engil and DP World of Dubai for chance to run key tri-nation rail export link for next 30 years.
Lisbon, Porto and the Algarve are the most popular destinations; foreign buyers estimated to make up 11% of the market.
GDP growth expected to expand by 4.5% next year following well-drilling in the Bayu-Undan field and vaccine deliveries from China and Japan.
New refinery, capable of processing up to 200,000 barrels a day, would help break the African republic’s dependence on oil imports.
Acquisition of CELG-T’s grid, which covers 755 kilometres, is in line with EDP’s growth strategy in regulated electricity networks in Brazil.
Angola set for another drop as IMF paints gloomy outlook for world’s economies crippled by pandemic.