China private equity player GSR eyes stake in $9 billion Chilean lithium miner SQM: Sources

Chinese private equity firm GSR Capital is looking to buy a substantial holding in Chile’s Sociedad Quimica Y Minera (SQM), one of the world’s biggest lithium producers, according to two sources with knowledge of the matter. GSR could buy a stake of around...

Markets brace for UK service sector and car sales data – business live

3.33am EDT03:33 A Persimmon construction site in Dartford. Photograph: Neil Hall/Reuters In the City, shares in housebuilder Persimmon have jumped by 3.5% to the top of the FTSE 100 leaderboard after posting strong financial results this morning. Persimmon completed...

Nokia and Xiaomi sign patent deal and agree to ‘explore’ areas like VR and A.I.

Finland’s Nokia and Chinese smartphone maker Xiaomi announced an agreement on Wednesday to cross-license patents from each other, which will help both companies develop new products. The deal will see both companies license so-called standard essential patents...