Bloomberg Nachrichten

 

Hong Kong authorities are working with airlines to expand flight capacity and strengthen the city's role as a transfer hub, seeking to capitalize on travel disruptions caused by the war in Iran, the South China Morning Post reported on Saturday, citing Secretary for Transport and Logistics Mable Chan....

Aymium and Hanwa Co. Ltd. signed a memorandum of understanding aimed at advancing construction of a new biocarbon and biohydrogen facility in the US that can feed lower-carbon coal production in Japan....

Moonshot AI is seeking to raise as much as $1 billion in an expanded funding round that would value the startup at about $18 billion, more than quadrupling its valuation in just three months and underscoring growing interest in Chinese AI developers racing to rival Silicon Valley leaders....

The US said it had stepped up strikes on Iran to unprecedented levels as the war that's engulfed the Middle East hit the two-week mark and continued to upend energy flows and global markets....

State Grid Corp. of China said it's accelerating investment in power grids as Beijing pushes to stabilize growth and expand infrastructure spending....

US Trade Representative Jamieson Greer on Friday signed an agreement finalizing a trade deal with Ecuador, reducing tariff rates on a number of goods traded between the two economies....

Some oil loading operations in the port of Fujairah, just outside the Strait of Hormuz, have been suspended after a drone attack and fire on Saturday morning, people familiar with the matter said....

Swiss entrepreneur Christian Taennler knew early on that he had to get his business ready for a stronger franc....

JSW Steel Ltd., India's biggest steelmaker by capacity, won rights to develop a coal mine in Mozambique's Tete province, securing access to a key raw material used in steel manufacturing....

Two tankers carrying liquefied petroleum gas are heading to India after crossing the Strait of Hormuz, providing some relief to acute shortages as the war in the Persian Gulf disrupts supply of the cooking fuel....

Chinese travelers took a record number of domestic trips during the Spring Festival Travel season, Xinhua News Agency reported Saturday....

Ukrainian drone attacks sparked a fire at a major oil refinery and struck a key port in Russia's Krasnodar region, Russian authorities said....

Iran warned it will target American-linked oil and energy facilities in the Middle East if its own infrastructure is attacked, reiterating its threat after the US bombed military targets on the critical outpost of Kharg Island....

Viele suchen im Schweizer Franken einen sicheren Hafen - unter der starken Währung ächzt die Wirtschaft des Landes. Mit dem Iran-Krieg steigt die Belastung fuer Exporteure nur noch mehr. (Source: Bloomberg)...

China's Zhejiang provincial government signed a new strategic cooperation agreement with automobile group Geely, deepening ties as the region seeks to strengthen its position in the global electric‑vehicle supply chain....

Australia's Energy Minister Chris Bowen says rural and regional areas are facing “real and unacceptable shortages” of fuel, a ripple effect of the US-Israel war with Iran that has caused global oil prices to surge....

The first major attack on an island that exports the bulk of Iran's oil threatens the lifeblood of the Islamic Republic, as well as global supplies in a market already rocked by the two-week-old conflict in the Middle East....

GE Vernova Inc. and Hitachi Ltd. agreed to explore opportunities to deploy small modular nuclear reactors in Southeast Asia....

The Trump administration started the process of a mammoth drawdown of the US emergency oil reserve, issuing a request to exchange 86 million barrels of crude oil....

Canada will supply 23.6 million barrels of oil and ramp up natural gas exports in the coming months as part of an international effort to help stabilize energy markets being upended by the Iran war, Energy Minister Tim Hodgson said....