EDF Sees Higher Risk of Delays to UK’s New Hinkley Nuclear Plant
Electricite de France SA said the risk of further delay to two nuclear reactors in southwest England has risen because of construction setbacks.
Bloomberg Business
Ukraine Steps Up Counteroffensive With Big Push in the South
Ukraine kicked off a long-awaited thrust in its counteroffensive with an armored assault on Russian fortifications in the south that may be part of a push to cut Moscow’s land link to its strongholds in occupied Crimea.
Private Credit Lured $71 Billion Last Quarter, Preqin Says
Demand for private credit rebounded globally in the second quarter, with 34 new funds raising $71.2 billion, more than double the previous three months, according to data from industry research firm Preqin.
China Tech Stocks on Brink of Bull Market on Stimulus Hopes
A gauge of China tech shares traded in Hong Kong closed just shy of entering a technical bull market over expectations of further stimulus for the nation’s flagging economy.
Japan Property Lures Singapore Investors on Osaka Casino Bet
Singapore investors are snapping up Japanese real estate, lured by a weaker yen and the prospect of tourism-driven growth in the second-largest metropolitan area Osaka.
The $1 Oil Field Sale That Landed an Italian Financier in Court
An $85 million dividend and a deal to sell a stake in aging North Sea oil wells for one dollar has landed an Italian financier in a London lawsuit against Abu Dhabi’s biggest utility.
Giorgia Meloni Faces Big Tests on China, Russia and the EU Economy: Big Take Podcast
Listen to The Big Take podcast on iHeart, Apple Podcasts, Spotify, Terminal.
GDP Data Set to Reinforce Fed View the US Will Avoid Recession
The Federal Reserve’s own economists have joined the group of private-sector forecasters who are rethinking their calls for a recession this year, or becoming more confident the US will skirt a downturn altogether.
Hong Kong Dollar in Strong Half of Trading Band on Rate Hikes
Hong Kong’s currency has risen above the mid-point of its trading band against the dollar for the first time this year, as the city’s de facto central bank followed the Federal Reserve with a fresh interest rate hike.
Sino-Ocean Seeks Coupon Extensions as Payment Deadlines Loom
Sino-Ocean Group Holding Ltd. is seeking investor approval to extend three dollar-note coupons by two months, as the state-backed Chinese builder faces deadlines to make other bond payments and avoid its first public-debt delinquency.
