Trump Golf Courses to Host Three Events for Saudi-Backed LIV Golf
Three golf courses owned by former US President Donald Trump will host LIV golf tournaments in 2023, according to the league’s schedule.
Bloomberg Business
Volvo Group Hit With $130 Million US Penalty Over Recall Issues
Volvo Group North America will pay a civil penalty of as much as $130 million under an arrangement with the US National Highway Traffic Safety Administration over findings that the maker of heavy-duty trucks was slow to recall vehicles and report injuries and deaths.
Adani Debts Enter Spotlight as Dollar Bond Coupon Deadlines Loom
Scrutiny of the debts of Adani Group companies has intensified following a report by short seller Hindenburg Research, fixing investor attention in the months ahead on a string of bond interest deadlines.
Citi Poaches JPM’s Besseddik to Head Europe Health-Care Banking
Citigroup Inc. is hiring Cyril Besseddik from JPMorgan Chase & Co. to lead coverage of health-care companies in Europe, the Middle East and Africa for its investment bank.
Ford Slashes Electric Mustang’s Price in Response to Tesla
Ford Motor Co. is slashing the price of its electric Mustang Mach-E by an average of $4,500 in response to Tesla Inc.’s own recent cuts, stepping up the price wars in a slowing EV market.
New Mexico Investigates Permian Basin Methane Cloud Spotted by Satellite
APA Corp. disclosed methane emissions after Bloomberg shared a satellite image showing a cloud of greenhouse gas.
Pandemic Had a Lasting Impact on Children’s Learning, Study Finds
Children’s learning progress slowed during the pandemic even after strict curbs were lifted, with deficits persisting into the middle of last year, according to a study that raises questions about Covid’s lasting impact on an entire generation.
Adani Labels Fight With US Short Seller as Attack on India
The Adani Group has cast its brawl with a US short seller as an attack on India and the issue could overshadow parliament’s budget session with opposition lawmakers highlighting the ties between Asia’s richest man and Prime Minister Narendra Modi.
Bitcoin Barrels Toward Historic January as Crypto Market Jumps by $280 Billion
Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing.
Irish Economic Growth Jumps in Final Quarter, Beating Rest of EU
Irish output grew more than expected last year, probably making it the European Union’s fastest growing economy in 2022.
