China slammed in G-7 show of unity threatening trade escalation
China’s engagement in the global system of commerce was roundly criticized by Group of Seven finance chiefs in a show of unity accompanied by a…
Adani Energy gets board approval to raise up to $1.5 billion
Adani Energy Solutions Ltd., the power utility controlled by billionaire Gautam Adani, has secured board nod to raise as much as 125 billion rupees ($1.5…
China discusses supply chains with US allies Japan, South Korea
China, Japan and South Korea sought to revitalize cooperation on security and economic matters at their first formal three-way summit since 2019, with Premier Li…
China industrial profits rise on exports, equipment upgrades
Profits at China’s industrial companies rose in April, as a government push for equipment upgrade lifted demand and exports returned to growth, giving a boost…
Bombardier plots defense against lawsuit over 2018 stock tumble
Bombardier Inc. said it plans to “vigorously defend itself” against a shareholder lawsuit after the Superior Court of Quebec authorized the class action case to…
Gol looks to raise $1.5 billion in new equity to repay financing
Brazilian airline Gol Linhas Aereas Inteligentes SA plans to raise $1.5 billion in fresh equity to repay its existing debtor-in-possession financing and shore up its…
UK Chancellor warns allies against a slide to protectionism
UK Chancellor of the Exchequer Jeremy Hunt warned Western allies not to “creep back into protectionism” as the US and European Union prepare new trade…
Ghana’s trade surplus remains pressured by low cocoa output
Ghana’s trade surplus narrowed in the first four months after revenue from cocoa exports declined.
Azul, Gol deal to connect flights is a step toward combining
An agreement between Azul SA and Gol Linhas Aereas Inteligentes SA to connect their flight networks is the first step toward the companies consolidating, according…
Performance Team and Prologis launch new EV truck charging depot, powered by nation’s largest EV truck microgrid
Prologis, Inc. and Performance Team – A Maersk Company, announced today the launch of Southern California’s largest heavy-duty electric vehicle (EV) charging depot, located near…
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