Bloomberg Business

Northvolt Founder Expands Green Empire Into Heat Pumps

The private equity founder of unicorn green ventures like Swedish battery maker Northvolt AB is targeting residential homes with smart heat pumps to tap demand that’s expected to surge 25% annually.

Australian Home Rents Higher Than Advertised Prices, Study Finds

Australia’s home-rental inflation is accelerating, with prices agreed between tenants and landlords typically higher than the advertised rate, a joint research paper from the Reserve Bank and the Australian Bureau of Statistics showed.

Micron Nears $1 Billion Investment in India Chip Packaging Plant

Micron Technology Inc. is close to an agreement to commit at least $1 billion toward setting up a semiconductor packaging factory in India, according to people with knowledge of the matter, a move to further diversify its geographic footprint at a time of US tensions with China.

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