Angus Whitley

Government, Business, Equipment

Toyota, Honda Join Growing Corporate Retreat From Russia

Toyota logo Eugene Hoshiko/Associated Press

Japan’s biggest carmakers joined the widening global corporate pullback from Russia, following the likes of Ford Motor Co. and Exxon Mobil Corp., which have chosen not to do business there after the invasion of Ukraine.

March 3, 2022
Business, Technology, Logistics

Tesla to Pay China $323 Million a Year in Tax for Factory Site

Tesla The site of Tesla's China factory (Qilai Shen/Bloomberg News)

Tesla Inc. agreed to pay China 2.23 billion yuan ($323 million) in tax every year as part of a deal with local authorities to build an electric vehicle factory on the outskirts of Shanghai.

July 30, 2019
Business

Global Investors Bet $7.3 Billion on Australia’s Busiest Port

David Wallace/Flickr

A group of global investors including QIC Ltd. agreed to pay A$9.7 billion ($7.3 billion) to run Australia’s busiest maritime hub for 50 years, betting on steady income from the port’s daily stream of containers and new cars.

Brett Foley | Bloomberg News
David Stringer | Bloomberg News
September 19, 2016