Shell Explores Selling Stake in Renewable Power Unit
Shell Plc is exploring options for its global renewable power operations, including a potential stake sale to outside investors, people with knowledge of the matter said.
Shell Plc is exploring options for its global renewable power operations, including a potential stake sale to outside investors, people with knowledge of the matter said.
Real estate was the most distressed sector in Europe in the second quarter of the year, driven by rising pressure on liquidity, softer investment metrics and squeezed profitability.
Edward Yardeni, president at Yardeni Research, says there are too many bulls and not enough pessimists in markets and explains why he’s raised his S&P 500 target to 4,600 on “Bloomberg Surveillance.”
Turkish President Recep Tayyip Erdogan said ratification of Sweden’s application to join NATO may not happen until his country’s parliament returns from a two-month summer recess, highlighting differing views on what was agreed between the countries at the alliance’s summit this week.
CityPoint, a 36-story office building in London’s financial district, became one of the symbols of the financial crisis when a Beacon Capital Partners Inc. fund missed a payment on loans secured by the property just over a decade ago.
Newcastle United FC’s Saudi Arabian owners are considering buying another top football club in Europe, a person with knowledge of the matter said, as the kingdom prepares for more big spending in sports.
Britain’s public finances are on an unsustainable path and rapidly deteriorating, the Treasury’s fiscal watchdog said in a report that highlighted multi-billion-pound demands for spending on defense, climate and health.
Siemens AG unveiled a €1 billion ($1.1 billion) investment in Germany, with Chancellor Olaf Scholz heralding the plan as his coalition works to reverse an exodus of capital from Europe’s biggest economy.
Office demand is starting to show early signs of stabilizing in the US.
The British government’s short-termist approach to China has left it “severely handicapped” in tackling Beijing’s economic dominance and spying, the UK Parliament’s Intelligence and Security Committee said.