Bloomberg Business

Biden Biodiesel Quotas Scorned by Makers of Plant-Based Fuel

The Biden administration dealt a blow to makers of bio and renewable diesel by setting federal quotas for the plant-based fuel that advocates say ignore a surge in production and a wave of investment in new manufacturing facilities.

Ukrainian Telecom Giant to Rebuild With Chinese Kit for Now

Ukraine’s biggest telecom operator pledged to boost spending by a third to rebuild systems destroyed by Russian forces, relying on Chinese suppliers for the time being as its Western allies are pulling back.

Saudi IPO Market Set to Pick Up With Slew of New Offerings

Stock offerings in Saudi Arabia look set to pick up pace after slowing in the first half of the year, with two new deals for an oil driller backed by the kingdom’s sovereign wealth fund and an air cargo business being given regulatory approval.

Apple Illegally Interrogated Staff About Union, Judge Rules

Apple Inc. “coercively interrogated” retail employees about their pro-union sympathies and restricted the circulation of union flyers, a US labor board judge ruled, marking a victory for labor organizers at the world’s most valuable company.

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