Bloomberg 4 months ago

Mitsubishi Power on Energy Outlook Amid AI Boom

Mitsubishi Power on Energy Outlook Amid AI Boom

Mitsubishi Power President & CEO Takao Tsukui discusses the energy outlook amid the boom in artificial intelligence. Mitsubishi Power is the world

Posted into Bloomberg Television @npub17dl9...2ar7

Bloomberg 4 months ago

IFC Seeks $300 Million to Fund Electricity Mini-Grids in Africa

Bloomberg.com

IFC Seeks $300 Million to Fund Electricity Mini-Grids in Africa

The International Finance Corp. is setting up an entity aimed at lowering the cost of mini grids in Africa, to accelerate plans to connect 300 mill...

Posted into Business @npub1x3mm...u75f

Bloomberg 4 months ago

Aramco to Price Second Dollar Bond Sale of 2025 to Fund Projects

Bloomberg.com

Aramco Taps Bond Market Again as Saudis Ramp Up Borrowings

Saudi Aramco sold $3 billion of dollar bonds Wednesday in its second such deal this year and amid a September flood of issuance from Saudi Arabia.

Posted into Bloomberg @npub1z0ca...flnl

Bloomberg 4 months ago

Tata Motors Markets €3.875 Billion Loan for Iveco Acquisition

Bloomberg.com

Tata Motors Markets €3.875 Billion Loan for Iveco Acquisition

Tata Motors Ltd. is syndicating a €3.875 billion ($4.5 billion) bridge loan to fund its proposed acquisition of Iveco Group’s commercial vehicl...

Posted into India @npub1d0m2...p9c5

Bloomberg 4 months ago

Macron’s New Premier to Face Protests on First Day in Office

Bloomberg.com

Macron’s New Premier Faces Protests on First Day in Office

Sebastien Lecornu will become prime minister of France Wednesday amid mass protests, underscoring the daunting task that awaits him as he tries to ...

Posted into Business @npub1x3mm...u75f

Bloomberg 4 months ago

Handelsbanken Trims Sweden Growth View, Still Sees September Cut

Bloomberg.com

Handelsbanken Trims Sweden Growth View, Still Sees September Cut

Swedish economic growth this year will probably be weaker than previously expected, prompting the country’s central bank to cut interest rates la...

Posted into Business @npub1x3mm...u75f

Bloomberg 4 months ago

Kenyan Bank-Lending Growth at Year’s Highest on Rate Cuts

Bloomberg.com

Kenyan Bank-Lending Growth at Year’s Highest on Rate Cuts

Kenya’s bank lending rose at the fastest pace in a year in July, spurred by the central bank cutting interest rates seven times in the space of 1...

Posted into Profiles @npub1csj7...p2gx

Bloomberg 4 months ago

Kenyans Have Long Chewed Khat to Get Buzzed. Now It’s an Energy Drink

Bloomberg.com

A Traditional Narcotic Gets New Life as an Energy Drink in Kenya

Old men in East Africa have chewed khat for centuries. A new crop of entrepreneurs is making the drug more palatable to everyone else.

Posted into Emerging Markets @npub1nwf8...kfn3

Bloomberg 4 months ago

Reeves Risks Another Post-Budget Inflation Surge, Business Warns

Bloomberg.com

Reeves Risks Another Post-Budget Inflation Surge, Business Warns

Stubborn inflation has emerged as one of the biggest drawbacks from Chancellor of the Exchequer Rachel Reeves’ first budget. She risks repeating ...

Posted into Politics @npub1c49e...f0ty

Bloomberg 5 months ago

Hamas Said to Agree to Gaza Truce Deal Proposed by Egypt, Qatar

Bloomberg.com

Hamas Agrees to Gaza Truce Deal Proposed by Egypt, Qatar

Hamas said it has agreed to a deal proposed by Qatar and Egypt to pause the militant group’s war with Israel in Gaza, fueling optimism that a lon...

Posted into Business @npub1x3mm...u75f

Bloomberg 5 months ago

Nike Regains Spotlight at Foot Locker for First Time in Years

Bloomberg.com

Nike Regains Spotlight at Foot Locker for First Time in Years

Nike Inc.’s sneakers are front and center at Foot Locker Inc. stores once again as the long-time partners rebuild a relationship that had frayed ...

Posted into Business @npub1x3mm...u75f

Bloomberg 5 months ago

Oil-Waste Recycling Business Backed by Muni Bonds Goes Bankrupt

Bloomberg.com

Oil-Waste Recycling Business Backed by Muni Bonds Goes Bankrupt

The owner of a Texas facility that recycles metals extracted from oil-refinery waste filed for bankruptcy after the venture was marred by equipment...

Posted into Business @npub1x3mm...u75f

Bloomberg 6 months ago

Adani Seeks Battery Tieup With China’s BYD in Renewables Push

Bloomberg.com

Adani Seeks Battery Tieup With China’s BYD in Renewables Push

The Adani Group is exploring a tieup with Chinese EV giant BYD Co. that would allow billionaire Gautam Adani’s conglomerate to manufacture batter...

Posted into Environment @npub1vt68...2v2c

Bloomberg 6 months ago

Unilever India’s New CEO Has to Invigorate a Sluggish Consumer Giant

Bloomberg.com

Unilever India’s New CEO Has to Invigorate a Sluggish Consumer Giant

Hindustan Unilever Ltd.’s new Chief Executive Officer Priya Nair is inheriting India’s largest consumer goods maker that has seen stuttering gr...

Posted into Business @npub1x3mm...u75f

Bloomberg 6 months ago

Lutnick Sees Likely 90-Day Extension of China Trade Truce

Bloomberg.com

Lutnick Sees Likely 90-Day Extension of China Trade Truce

Commerce Secretary Howard Lutnick said a 90-day extension of a trade truce with China was a likely outcome with negotiations between the two countr...

Posted into Emerging Markets @npub1nwf8...kfn3

Bloomberg 6 months ago

Trump’s Tariffs Are Already Stunting World Growth While Markets Shrug

Bloomberg.com

Trump’s Tariffs Are Already Stunting World Growth While Markets Shrug

With the president’s new trade deals, US protectionism is slowing investment and rewiring supply chains at the expense of the global economy

Posted into Economics @npub10czv...r33v

Bloomberg 6 months ago

A Billionaire’s Quest to Find Credit Suisse Nazi Accounts Puts UBS in the Spotlight

Bloomberg.com

A Billionaire’s Quest to Find Credit Suisse Nazi Accounts Puts UBS in the Spotlight

Ronald Lauder has led a push to reopen investigations after he helped reach a $1.25 billion settlement in the 1990s. He thinks that deal left billi...

Posted into Emerging Markets @npub1nwf8...kfn3

Bloomberg 6 months ago

Bridgepoint Said to Sell Vermaat to Compass in €1.5 Billion Deal

Bloomberg.com

Bridgepoint Said to Sell Vermaat to Compass in €1.5 Billion Deal

Bridgepoint Group Plc is selling a majority stake in Vermaat Groep BV to Compass Group Plc in a transaction that values the Dutch caterer at about ...

Posted into Deals @npub1e6mt...p80d

Bloomberg 6 months ago

Why Armed Forces Can No Longer Ignore Climate Change

Bloomberg.com

Why Armed Forces Can No Longer Ignore Climate Change

Defense departments need to embrace the green transition for national security and the planet, argues Richard Nugee, retired lieutenant general of ...

Posted into Podcasts @npub1jg4t...2tuj

Bloomberg 6 months ago

Extreme Heat Is Killing European Workers Despite Government Efforts

Bloomberg.com

Climate Change Worsens Deadly Extreme Heat in Spain, France, Italy, Greece

Spain and Greece have for years restricted outdoor work on very hot days, while Italy and France have started this summer.

Posted into Bloomberg @npub1z0ca...flnl