Nine in ten businesses are concerned about costs of funding the transition to net zero amid a spike in energy prices, revealed the latest research from Npower Business Solutions (NBS). The company’s report – Business Energy Tracker – revealed nearly half of UK businesses believe the current crisis will harm progress towards reaching climate goals, […]
Cross-party MPs are forming a special group to scrutinise post-Brexit rules for City firms, amid concerns that the overhaul could result in a regulatory race to the bottom. The new subcommittee, which will be run by Treasury committee members and advised by a panel of experts, is meant to make up for the fact that […]
BEIJING/HONG KONG — Asian shares wobbled while commodity prices fell on Thursday as mounting worries about the risks of a global recession amid aggressive rate hikes by the Federal Reserve kept broad investor sentiment fragile. Read More
Oil extended a retreat, copper fell to a 15-month low, while gold held gains as Federal Reserve chairman Jerome Powell did little to dampen fears of a recession during his congressional testimony. Su Keenan reports on Bloomberg Television.
Maharashtra Political Crisis Live News, Uddhav Thackeray Latest News: With rebels refusing to back down and numbers clearly not in his favour, Maharashtra Chief Minister Uddhav Thackeray vacated his official residence ‘Varsha’ and moved back to his family home ‘Matoshree’ late on Wednesday night. This came hours after he offered to quit amid the rebellion […]
BEIJING (AP) — The conflict in Ukraine has “sounded an alarm for humanity,” Chinese leader Xi Jinping said Wednesday, as China continues to assume a position of neutrality while backing its ally Russia. Read More
(Bloomberg) — JPMorgan Asset Management is doubling down on China tech stocks after enduring a tumultuous selloff, betting that a wind-down of regulatory crackdowns and attractive valuations will pay off big. Read More
Chinese President Xi Jinping on Wednesday says he will step up policy support for the economy. There are also more signs that the tech crackdown could be easing. Lianting Tu reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: […]