South Africa's Barloworld in Talks with Saudi Arabia's Zahid Group
The Saudi group, a distributor of heavy equipment machinery in the Middle Eastern nation, started buying shares of Barloworld four years ago. One of its units, Zahid Tractor and Heavy Machinery Co., ...
Xi Jinping opens China-funded megaport in Peru
Chinese President Xi Jinping opens the Chancay deep-water port in Peru:: The port is a $1.3 bln Beijing investment to boost ...
Xi inaugurates South America's first Chinese-funded port in Peru
The Chancay megaport aims to streamline trade between South America and Asia and marks a significant step in China's Belt and ...