CMD
- ECONOMY
World’s Biggest Chicken Exporter Taps Banks for $1.4 Billion Share Sale
(Bloomberg) — BRF SA, the world’s biggest chicken exporter, has picked a syndicate of 11 banks to handle a share…
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What Will it Take to Vaccinate the World?
(Bloomberg Opinion) — This is one of a series of interviews by Bloomberg Opinion columnists on how to solve the…
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One of the World’s Wealthiest Oil Exporters Is Becoming Unlivable
Trying to catch a bus at the Maliya station in Kuwait City can be unbearable in the summer. About two-thirds…
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Boris Johnson and His Agenda Are Now Lame Ducks
(Bloomberg Opinion) — In Shakespeare’s cycle of plays on Henry IV and Henry V, the dissolute Prince Hal eventually transforms…
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Why GameFi Is Crypto’s Hot New Thing (and What Is It?)
(Bloomberg) — One of the hottest things in the cryptocurrency world right now is GameFi. Its name reflects the combination…
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Car Advertising Finally Goes Electric
(Bloomberg) — If you watched NBC’s Monday Night Football in the fall, you might have seen a Hyundai ad called…
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Why Kazakhstan Protests Reverberate Beyond the Region
(Bloomberg) — Anti-government protests that roiled Kazakhstan in January were sparked not just by fuel-price increases but also unrest over…
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Starbucks Staff to Vote on Union at Three More N.Y. Stores
(Bloomberg) — Starbucks Corp. employees at three more restaurants in New York state will vote on unionization, a U.S. labor…
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How Europe Has Become So Dependent on Putin for Gas
(Bloomberg) — Europe’s relations with Russia are close to their lowest point in decades. Yet now President Vladimir Putin’s willingness…
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German Cases Soar; Stranded Hong Kong Bankers: Virus Update
(Bloomberg) — Germany reported record new coronavirus cases for the third straight day as the highly transmissible omicron variant swept…
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Wall Street’s Shift South Runs Into Texas, Florida Culture Wars
(Bloomberg) — Wall Street’s trip down south to Texas and Florida — where taxes are lower, regulators friendlier, real estate…
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Why Biden’s Methane Fee Isn’t a Gas Tax
(Bloomberg Opinion) — Charif Souki, who founded the biggest U.S. natural gas-export firm and now chairs another called Tellurian Inc., isn’t…
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How Putin’s Advisers Convinced Him to Take Climate Risks Seriously
(Bloomberg) — After years of publicly dismissing climate change, President Vladimir Putin is finally prodding officials to take the threat…
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Global Energy Crisis Is the First of Many in the Clean-Power Era
(Bloomberg) — The world is living through the first major energy crisis of the clean-power transition. It won’t be the…
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Soaring Heat Is Killing America’s Farm Workers
(Bloomberg Opinion) — On June 26, the temperatures south of Portland, Oregon, approached 105 degrees Fahrenheit (40.6 degrees Celsius). That…
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Christmas at Risk as Supply Chain ‘Disaster’ Only Gets Worse
(Bloomberg) — It’s the beginning of October, just the start of what the retail world simply calls “peak.” But the…
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This Is What Europe’s Green Future Looks Like
(Bloomberg) — Green Europe will be built on rammed-earth walls, wooden pillars and recycled shipping containers — at least according…
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Tesla Delivered 241,300 Cars in Quarter, Topping Estimates
(Bloomberg) — Tesla Inc. delivered a better-than-expected 241,300 cars worldwide in the third quarter, a record for the electric-car maker…
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How $30-a-Pound Micro-Broccoli Will Help Feed the World
(Bloomberg Opinion) — Vertical farming, a system for growing food without soil or sun that for decades has thrived mainly…
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East African Flower Demand Jumps as Fuel Costs Hobble Europe
Europe’s gas shortages have boosted demand for flowers from East Africa, although Kenya, a major producer, is struggling to grasp…
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Russian September Oil Production Jumps Most in 13 Months
(Bloomberg) — Russia’s oil production resumed growth in September, rising the most in 13 months, as companies ramped up output…
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Total, Air Liquide Invest in $1.7 Billion Green Hydrogen Fund
(Bloomberg) — TotalEnergies SE, Air Liquide SA and Vinci SA pledged to contribute 100 million euros ($116 million) each to…
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Pacquiao Jumps Into Race to Succeed Duterte in Philippines
(Bloomberg) — The race to succeed Rodrigo Duterte as Philippine president began officially on Friday, as contenders started filing to…
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A Who’s Who of Philippine Contenders Vying to Succeed Duterte
(Bloomberg) — The race to succeed Rodrigo Duterte as the president of the Philippines has started to rev up, with…
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‘Things Change Because You Do Things’ Says Napa’s Only Black Wine CEO
(Bloomberg Businessweek) — After purchasing Napa’s historic Heitz Cellar at the end of 2018, billionaire Gaylon Lawrence hired master sommelier…
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U.S. Car Sales Seen Dropping as Buyers Stymied by Chip Shortages
(Bloomberg) — Soumya Rangarajan wanted her next car to be electric. She placed an order for a Volkswagen ID.4, but…
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Big Oil Splits On Oil’s Future
Two of Big Oil’s biggest players dropped their long-term energy outlooks this week: French energy company TotalEnergies and the Organization…
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Calpers, Carlyle Ignite ESG Data Push for $4 Trillion of Funds
(Bloomberg) — Investors overseeing more than $4 trillion are banding together to standardize data on environmental, social and governance performance…
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Billionaires Get Help From China Move to Contain Evergrande
(Bloomberg) — China’s purchase of a stake in a struggling regional bank from China Evergrande Group aimed at preventing contagion…
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China’s Energy Crisis May Be the Birth Pangs of a Better Grid
(Bloomberg Opinion) — Never let a good energy crisis go to waste. That’s been the maxim of lobbies on each…
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Infrastructure Boom Persists Despite Commodity Rally, CEO Says
(Bloomberg) — Demand for infrastructure projects shows no sign of slowing, even in the face of high commodity prices and…
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The Latest Boom in Cryptocurrencies Is Happening in Job Market
(Bloomberg) — Even as regulators tighten their oversight of cryptocurrencies and related businesses, hiring in the industry is reaching a…
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Australia Will Need to Wean Itself Off Iron Ore Export Reliance
Metallurgical coal prices, used in the steelmaking process, have hit new peaks in recent months, on a supply crunch. The…
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Rich Nations Pitch Climate Aid to Fund South Africa Coal Exit
Envoys from some of the world’s richest nations met with South African cabinet ministers on Tuesday to discuss a climate…
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Nuclear Subs Put Workers in Australia’s Shipbuilding Hub on Edge
(Bloomberg) — Australia’s surprise deal with the U.S. and Britain for nuclear-powered submarines has shaken its Asian neighbors and angered…
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How Populist Duterte Keeps Shaking Up the Philippines: QuickTake
(Bloomberg) — The Punisher. Dirty Harry. Donald Trump of the East. These are nicknames given to President Rodrigo Duterte, a…
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Gas-Starved Europe Can’t Look West as U.S. Faces Its Own Crunch
(Bloomberg) — If there’s any country that might’ve been in a position to rescue Europe from its energy crisis, it’s…
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The $73,000 Electric Rivian R1T Is Cute, But It’s Not a Work Truck
(Bloomberg) — RJ Scaringe believes trucks can save the world. That’s why the 38-year-old vegan spent years developing the R1T,…
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Congo Reviews $6.2 Billion China Mining Deal as Criticism Grows
The Democratic Republic of Congo began reviewing a $6.2 billion minerals-for-infrastructure deal with China that’s faced growing criticism since President…
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U.K. Fuel Companies See Demand Normalizing Within Days
(Bloomberg) — The companies involved in producing fuel and distributing it around the U.K. are optimistic that demand will normalize…
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Here Are the Contenders to Be Japan’s Next Prime Minister
(Bloomberg) — Japan’s ruling party picks a new leader Wednesday to replace outgoing Prime Minister Yoshihide Suga and guide the…
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The Country That Makes Breakfast for the World Is Plagued by Fire, Frost and Drought
(Bloomberg) — No country on Earth puts more breakfasts on kitchen tables than Brazil. The farms that dot the vast…
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Australian Startup Bets on Nanotubes in Bid for Better Batteries
(Bloomberg) — An Australian company has developed a battery technology that may have applications ranging from smartphones to spacecraft radiation…
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How Digital Cash Can Lift Gross National Happiness
(Bloomberg Opinion) — The tiny Himalayan kingdom of Bhutan, landlocked between the teeming multitudes of China and India, shot to global…
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Europe’s Energy Crisis Is Coming for the Rest of the World, Too
(Bloomberg Businessweek) — This winter, the world will be fighting over something that’s invisible, yet rarely so vital—and in alarmingly…
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U.K.’s Fuel Retailers Aren’t Saying Much About Resupply Yet
With a crisis in U.K. retail fuel supply now in its fourth day, companies that sell gasoline and diesel are…
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Volvo’s Polestar Valued at $20 Billion in Merger With Gores
(Bloomberg) — Polestar, the electric-carmaker controlled by Volvo Car AB and its owner Zhejiang Geely Holding Group Co., has agreed…
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Evergrande and China Power Curbs Are Two Sides of One Coin
(Bloomberg Opinion) — China’s data on economic growth is man-made, and therefore unreliable. That’s not the opinion of a provocateur,…
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Kominers’s Conundrums: Weight Weight… Don’t Tell Me!
(Bloomberg Opinion) — Boris Johnson recently announced that he’s hoping to revive the imperial measurement system, swapping meters and liters…
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Walter Scott, Buffett’s Friend and Business Partner, Dies at 90
(Bloomberg) — Walter Scott Jr., the Omaha businessman and philanthropist who made a fortune teaming up with his friend Warren…
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