Orsted Drops US Wind Projects, Taking $4 Billion Impairment Hit
Orsted A/S dropped the development of two US wind projects, recording impairment charges significantly above its previous predictions
2023-11-01 15:21
Saudi Arabia’s Tabby Valued at $1.5 Billion in Pre-IPO Fundraise
Saudi Arabia-based Tabby raised $200 million in a funding round that values the buy-now-pay-later firm at over $1.5
2023-11-01 14:48
Israel Latest: Hamas Says Some Foreigners Can Leave Gaza
Hamas said some foreigners and injured Palestinians would be allowed to leave Gaza for Egypt for the first
2023-11-01 14:25
In Major Protectionist Move, Spain Considers Stake in Telefonica
Spain is considering whether to shield its “most strategic” company from foreign takeovers in what could be the
2023-11-01 13:46
World’s Top Renewable Firms Reel Even as Installations Surge
The biggest manufacturers of wind turbines and solar panels are facing their most serious financial challenges in years
2023-11-01 13:21
Bank of Japan Steps Into Bond Market to Slow Rising Yields
The Bank of Japan announced an unscheduled bond-purchase operation on Wednesday in an effort to curb the pace
2023-11-01 13:18
China Loosens Carbon Rules After Prices Hit Record to Ensure Power Winter Demand Is Met
China has loosened the rules governing its carbon market after prices rose to a record, to make it
2023-11-01 11:28
Asia Factories Grapple With High Costs Amid Israel-Hamas War
Manufacturing activity in Asia slumped again in October as conflict in the Middle East drove oil prices higher,
2023-11-01 11:27
El Niño Is Biggest Wildcard for World’s Most Consumed Edible Oil
Cooking oil traders are meticulously sifting through weather maps and production data for Indonesia in a quest for
2023-11-01 11:19
Prada Sales Slow Despite Strong Miu Miu Label Performance
Prada SpA’s sales slowed as the Italian fashion company experiences a cutback in luxury demand that other competitors
2023-11-01 10:58
China’s Manufacturing Activity Contracts, Private Survey Shows
China’s manufacturing activity contracted in October, according to a private survey, signaling that the economic recovery is losing
2023-11-01 10:56
South Korean Exports Return to Growth in Boost to Outlook
South Korea’s exports rose for the first time since late last year in a positive sign for the
2023-11-01 10:49