The White House is considering waiving U.S. gasoline environmental rules aimed at reducing summertime smog as a way to combat rising pump prices, according to three sources involved in the discussions. Read More
SAO PAULO — Brazilian insurer SulAmerica Seguros SA said on Monday the hospital chain Rede D’Or and its controlling shareholders have reached a 12% stake in the company. Read More
(Bloomberg) — Clothing companies and gadget makers are among manufacturers across Asia seeing early signs of cooling demand from their global customers as soaring inflation takes hold. Read More
OSLO — The latest postponement of production at Norway’s Hammerfest LNG plant was due to the need for final tests on a compressor that has been repaired, operator Equinor said on Sunday. Read More
HSBC Holdings has suspended its head of responsible investing pending an internal investigation after he said central bank policymakers and other global authorities are exaggerating the financial risks of climate change, the Financial Times reported on Sunday citing people with knowledge of the process. Read More
(Bloomberg) — Global power grids are about to face their biggest test in decades with electricity generation strangled in the world’s largest economies. Read More
(Bloomberg) — A gathering of trade ministers of the Asia-Pacific Economic Cooperation group failed to issue a customary joint statement, a day after the US and Russia staged a tit-for-tat walkout during their presentations at the meeting. Read More
Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Craig Stirling Publishing date: May 21, 2022 • 18 minutes ago • 6 minute read • Join the conversation Article content (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Days after global finance chiefs described the widespread economic fallout […]
Article content (Bloomberg) — Siemens Energy AG will offer to buy the shares in Siemens Gamesa Renewable Energy SA it doesn’t already own, a long-awaited step in its efforts to turn around the troubled Spanish wind-turbine maker. Siemens Energy has agreed to offer 18.05 euros per Siemens Gamesa share to fully acquire the company, it […]