Bloomberg Business

UK Uses Cleverly Visit to Steady China Ties After Rocky Period

Foreign Secretary James Cleverly sought to put the UK’s ties with China on a more even keel after a rocky few years in which the relationship was damaged by the coronavirus pandemic, clashes over Hong Kong, and suspicions about Chinese involvement in critical British industries.

Orsted Shares Plunge as Company Warns of $2.3 Billion US Hit

Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish kroner ($2.3 billion) to its US portfolio because of supply chain issues and soaring interest rates.

American Air Flight Attendants Vote ‘Yes’ on Possible Strike

American Airlines Group Inc. flight attendants gave their union leaders approval to trigger a strike if the labor group is eventually allowed to end contract negotiations under federal labor law, the Association of Professional Flight Attendants said.

Nvidia-Backed CoreWeave Seeks Stake Sale at Up to $8 Billion Valuation

CoreWeave, a cloud computing provider that’s becoming one of the hottest startups in the artificial intelligence race, is exploring a minority stake sale that values the company at as much as $8 billion or more, according to people with knowledge of the matter.

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