The Shanghai Megapack facility, completed in December, is projected to produce about 10,000 Megapack units a year – 40 GWh of annual capacity.

The law, said to be one of the world's strictest, requires public country-by-country reporting to allow the tax office to assess if genuine business operations align with locations where profits are booked and taxes paid

The Murdoch media group has sold its Australian cable TV unit Foxtel to UK-based streaming network DAZN, sparking talk it may make a bid for rugby broadcast rights

A Federal Court in Australia has ruled that Bit Trade, which ran a Kraken crypto exchange, must pay a fine of $5.1m for unlawfully issuing a credit facility

Indonesia’s huge, tech-savvy population is a key market for Apple but sales of the new iPhone 16 remain banned in the country

The high valuations for the sector in Asia are partly linked to data centre operators adding more capacity and the nascent nature of the business in the region

Critics said a handful of oil producers fought efforts at UN talks in Korea to cut plastic production and were only willing to act on plastic waste

New president says Indonesia plans to build 75 GW of renewable power by 2040, and analysts say the goal seems unlikely as the country has over 250 coal power plants

Delegates adopted a $300 billion a year global finance target to help poor nations cope with climate change, but that outcome left some countries angry and disgusted

British miner AngloAmerican has sold its Australian coal mines to Peabody, the US energy firm, for up to $3.8 billion

COP29 hosts released a new draft of a deal that would see developed nations take the lead in providing $250 billion a year by 2035, but the mood in Baku was grim on Friday

US officials have proposed new rules for undersea internet cables following the cutting of two cables in the Baltic Sea this week