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 15:26
Chongqing LGFV Is Said to Mull Possible Tender for Dollar Notes
Representatives of a local-government financing vehicle in China have told some creditors the firm may launch a dollar
2023-11-01 14:27
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 13:19
Japan Ramps Up Yen Intervention Warning After BOJ-Fueled Selloff
Traders are piling into fresh bets against the yen, triggering pushback from Japanese authorities who are threatening once
2023-11-01 09:19
Canada Hedge Fund's Trades Halted After Losses, Manager's Death
The sudden death of a Toronto-based hedge fund manager has prompted an investigation into tens of millions of
2023-11-01 06:50
As Wind Industry Struggles, Investors Brace for Orsted Losses
As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its
2023-10-30 14:18
Citigroup Clinches $260 Million Asset-Backed Financing for WeLab
Citigroup Inc. led a $260 million asset-backed financing for WeLab Ltd., Hong Kong’s biggest online lending platform, people
2023-10-30 09:45
Stellantis Seeks Deal With Canada Workers After Ending UAW Strike
Stellantis NV, which struck a tentative deal with the United Auto Workers on Saturday, is now negotiating to
2023-10-29 22:59
US Job Growth Is Expected to Cool as the Fed Looks to Pause Again
Employers in the US probably tempered their pace of hiring this month after beefing up payrolls by the
2023-10-29 04:45
Private Debt Funds Have a $500 Billion Conundrum
Private credit’s success is creating a $500 billion headache: finding a home for all the money that’s been
2023-10-29 03:58
Ant-Backed Rural Lender Chongho Weighs $500 Million Hong Kong IPO
Chongho Bridge Credit Agricultural Group Co., a Chinese rural bank that offers microcredit and micro-insurance to small businesses,
2023-10-27 11:51
Asia to Open Mixed as Tech Giants Signal Rebound: Markets Wrap
Asian equities looked poised for a mixed open Friday as big tech stocks on Wall Street rallied in
2023-10-27 08:24