Bloomberg Business

Philippines May Get Just a Quarter of Planned Onion Imports

The Philippines’ agriculture department has issued permits to import 5,775 tons of onions for delivery this month or just over a quarter of its planned purchase volume which may not be enough to boost domestic supply to tame high prices.

HSBC’s £1 Billion Buyout Fund With China Falters as Strains Grow

Right before the pandemic struck, a slated £1 billion ($1.2 billion) buyout fund backed by HSBC Holdings Plc and sovereign wealth fund China Investment Corporation was hailed as an example of growing business ties between Beijing and London.

Germany’s Debt Dilemma Tempts Finance Chief Into Bending Rules

Germany’s finance minister plans to slam the debt brake back on this year even as he spends billions to cushion the fiscally conservative country from the energy crisis, a challenge that requires some uncharacteristic rule-bending.

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