GOP Governors Tout Green Bona Fides Amid Anti-ESG Backlash
From Alaska to South Dakota to West Virginia, governors increasingly recognize the prospects for renewable energy.
Bloomberg Business
Surprise Jumps in French, Spanish Inflation Heap Pressure on ECB
Investors boosted bets on the peak for European Central Bank interest rates to 4% for the first time after inflation in France and Spain came in unexpectedly hot.
New York City Sees Biggest Snowfall of Season, Grounding Flights
New York City and the Northeast had a slushy start Tuesday as a storm brought the first significant snowfall of the season to the region, grounding hundreds of flights.
US Housing Cools Further, With Prices Down 2.7% from Peak
Home prices in the US declined for a sixth straight month, sending a key index of values down 2.7% from its peak in June.
Ericsson’s Chief Compliance Officer Leaves Amid Scandal Clean-Up
Ericsson AB is facing the exit of its compliance chief just as the Swedish 5G equipment maker is trying to untangle itself from scandals and fix its governance following years of ethics breaches.
Morgan Stanley Goes All In on Chile Stocks as Macro Risks Wane
Morgan Stanley has turned bullish on Chilean equities on the grounds that macroeconomic risks are subsiding with moderation of planned tax and pension changes.
Hong Kong’s HKBN to Get $1 Billion Buyout Offer from HGC, Sources Say
Hong Kong telecommunications provider HKBN Ltd. has received a takeover offer from HGC Global Communications Ltd. that could value the company at more than $1 billion, according to people familiar with the matter.
Ukraine Signals It May Be Forced to Abandon Bakhmut to Russians
Ukrainian officials are signaling that the besieged eastern city of Bakhmut may soon be impossible to defend as Russian troops level the area.
Nigerian Bonds Drop as Opposition Boycott May Delay Vote Outcome
Nigerian bonds dropped for the first time in four days as a boycott of vote-counting by opposition parties jeopardized the uncontested result that markets want to see.
Biggest Chemical Firm Sabic Says China Demand Yet to Recover
The world’s biggest chemicals maker said profit margins would remain tight with the Chinese market yet to recover and the global economic downturn weakening demand for plastics and building materials.
