EU Prepares to Import More LNG With Boost in Capacity Next Year
The European Union plans to expand its capacity to receive liquefied natural gas by almost a third by next year as it presses ahead with replacing pipeline supplies from Russia.
Bloomberg Business
BofA Tells Rainmakers to Work on Tiny Deals During Drought
Bank of America Corp., one of the few major Wall Street banks to avoid mass job cuts in recent months, has begun moving investment bankers into busier areas as the industry deals with a slowdown in dealmaking and capital markets.
How ‘Excuseflation’ Is Keeping Prices — and Corporate Profits — High
One-off disruptions can provide cover for companies to keep prices high.
Paul Ryan Says to Expect a ‘Bumpy’ Ride to a Debt-Limit Deal
Former House Speaker Paul Ryan predicts that US lawmakers will reach a deal on raising the federal debt limit, but signaled investors should brace for a “bumpy” ride until that happens.
Schroders to Set Up the UK’s First New-Style Private Asset Fund
Schroders Plc won regulatory approval to set up the UK’s first private asset fund targeting individuals.
UK Working Parents are Running Out of Options for Child Care
Parents across England are facing a chronic shortage of places to take care of their young children, as providers struggle to keep up with rising costs and recruitment issues.
Carmakers Can Kiss Pre-Pandemic Combustion Car Sales Goodbye
It’s becoming clearer that vehicles burning gas and diesel are unlikely to ever get back to the level reached in 2017.
Goldman Sachs Sells Bundle of Affordable UK Homes to PGIM
Goldman Sachs Group Inc. has sold a portfolio of rental homes in the north of England to PGIM Real Estate, a rare large institutional deal in a market that’s dominated by mom and pop investors.
Germany May Have Identified Ship Involved in Nord Stream Bombing
German authorities said they searched a vessel that may have transported explosives used in the attack on the Nord Stream pipelines last year, signaling that an investigation may yield more on who was behind it.
Credit Suisse Shares Drop After SEC Query Delays Annual Report
Credit Suisse Group AG shares dropped close to a record low after the Swiss bank said it was delaying publication of its annual report following a last-minute query by US regulators over previous financial statements.
