Category: energy

Mar 24

Geely’s Farizon Auto Seeking $300 Million Before US IPO, Sources Say

Breadcrumb Trail Links PMN Business Farizon Auto, Zhejiang Geely Holding Group Co.’s new energy commercial vehicle brand, is considering raising as much as $300 million in fresh funds ahead of potential US initial public offering, according to people familiar with the matter. Author of the article: Bloomberg News Dong Cao Published Mar 24, 2023  •  […]
Mar 24

Looser Wetherspoon Supply Chain Lifts Earnings: The London Rush

Article content (Bloomberg) — Higher than expected retail sales this morning indicates the consumer still has some extra flexibility in their wallets, despite rapidly rising prices. That ties up with Wetherspoon’s better than expected first half earnings, showing some of the pub chain’s supply difficulties are starting to ease. On both counts the prospect of […]
Mar 22

Lagarde Pledges ‘Robust’ Policy With ECB Ready to Act as Needed

Article content (Bloomberg) — The European Central Bank will take a “robust” approach that allows it to respond to inflation risks as needed but also aid financial markets if threats emerge, according to President Christine Lagarde. Article content “Bringing inflation back to 2% over the medium term is non-negotiable,” Lagarde told a conference of ECB […]
Mar 19

Xi’s Embrace of Putin Dents His Chances of Playing Peacemaker on Ukraine

Breadcrumb Trail Links PMN Business The Chinese president’s trip to Russia marks his most ambitious effort yet to weigh into Europe’s bloodiest conflict since the Second World War. Author of the article: Bloomberg News Bloomberg News Published Mar 19, 2023  •  3 minute read Join the conversation 4d{tb0llwy7vn{5t(r5nbqs)_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — Advertisement […]
Mar 12

China Signals Stability With Surprise Move to Keep PBOC Governor

Breadcrumb Trail Links PMN Business China reappointed several top economic officials in a leadership reshuffle Sunday, giving investors greater continuity as Beijing overhauls financial regulation and grapples with escalating tensions with the US. Author of the article: Bloomberg News Bloomberg News Published Mar 12, 2023  •  4 minute read Join the conversation f8vu7)kw]pg22osm[0an5cqq_media_dl_1.png Bloomberg RSS […]