Korea Curbs Plans for Renewables in Push For More Nuclear
South Korea will boost nuclear power generation and downgrade its plans for renewable energy as the nation overhauls its electricity mix to meet emissions reduction targets.
Bloomberg Business
Record India Wheat Crop Will Pave Way for Easing of Export Curbs
India is set to harvest a record wheat crop this season as favorable weather and heat-resistant seeds are expected to boost yields, potentially setting the stage for the country to lift restrictions on exports.
Floods Threaten to Turn Coastal California Towns into an Island
Local officials warned that a part of the Monterey peninsula in Northern California could be cut off from the rest of the state by flooding on a river that’s been inundated with rainfall from a series of punishing winter storms.
UAE’s Astra Tech Buys Botim, Bolstering Push to Create Super App
United Arab Emirates-based technology firm Astra Tech has bought the Gulf region’s most popular voice-calling app, Botim, taking it a step closer to creating a platform that will offer everything from instant messaging to digital payments.
Hong Kong Airlines Plans Hiring Spree, Sees Full Capacity by Mid-2024
Hong Kong Airlines Ltd. said it expects to return to 75% of pre-pandemic capacity by the end of this year and 100% by mid-2024, after increasing operations to 30% this month.
Adobe Tried to Buy Figma Twice Before $20 Billion Deal
Adobe Inc. tried to acquire design firm Figma Inc. for years before co-founder Dylan Field and the startup finally accepted, according to a filing with details about how the merger came together.
Australian Politician Sorry for Nazi Costume at 21st Birthday
The leader of Australia’s most populous state has apologized for wearing a Nazi uniform to his fancy dress 21st birthday party.
Hong Kong Tycoon’s Seized Office Tower to Be Bought by PAG and Mapletree
PAG and Mapletree Investments Pte agreed to buy an office tower in Hong Kong that was once owned by distressed tycoon Pan Sutong, for HK$5.6 billion ($717 million).
China Solar Firm Plans US Plant in Win for Biden Energy Push
A leading Chinese solar panel maker has leased space for its first US factory in another win for the Biden administration’s efforts to build up the nation’s clean energy manufacturing base.
Jimmy Lai’s Next Delists in HK, Ending Stock’s Turbulent Run
Jimmy Lai’s Next Digital Ltd. ceases trading for good on Hong Kong’s stock exchange on Thursday, marking the end of an often controversial share listing.
