Germany Seen Overestimating Its Climate Protection Efforts
The German government is overestimating the impact of its recently announced climate protection efforts and will likely make less progress on reducing emissions than it currently assumes.
The German government is overestimating the impact of its recently announced climate protection efforts and will likely make less progress on reducing emissions than it currently assumes.
Microsoft Corp.’s $69 billion Activision Blizzard Inc. acquisition got a new chance at winning approval from UK regulators after the tech giant submitted a substantially different deal to the country’s antitrust watchdog.
The credit market appears to have shrugged off concerns that SoftBank Group Corp.’s $16.1 billion purchase of a stake in Arm Holdings Ltd. may weaken its debt repayment ability, at least for now.
Norway’s economy stagnated after a year of growth, faced with weaker consumption and showing the fossil-fuel rich Nordic nation is finally feeling the pinch of higher inflation and rising borrowing costs.
North Korea plans to launch a satellite later this month, according to Japanese media, firing off a space rocket as South Korea and the US conduct joint military drills that have riled Pyongyang.
BHP Group Ltd., the world’s biggest miner, reported its lowest annual profit in three years, and warned the outlook for China was uncertain as the nation grapples with a brewing crisis in the steel-intensive construction sector.
Northvolt AB raised $1.2 billion from North American investors including BlackRock Inc. and CCP Investments as the Swedish battery maker is said to be in talks to set up a new factory in Canada.
Pakistan’s rupee declined to a new record low amid growing headwinds from a stronger greenback and deteriorating external finances.
Hong Kong will impose new controls on food imports from Japan in response to a contentious plan to begin releasing treated wastewater from the wrecked Fukushima nuclear plant into the Pacific Ocean.
Demand has surged for shorter-term yuan bonds from local government financing vehicles, led by lower-rated borrowers, in the wake of China’s efforts to stem debt risks in the sector.