Huawei to invest $632 mln to build new digital energy HQ in Shenzhen

Huawei Technologies (HWT.UL) will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre for its digital power unit, according to local media reports, as the Chinese telecoms giant diversifies amid U.S. pressure.
Thyssenkrupp’s profit to double in 2022, flags hydrogen IPO

Thyssenkrupp’s (TKAG.DE) operating profit could more than double next year, the submarines-to-steel group said on Thursday, boosted by an economic recovery and turnaround that will likely include listings of its hydrogen and steel divisions.