Bloomberg Business

China Seeks Views on Developing Asset Management Industry

China’s securities regulator is soliciting suggestions from market participants about how to speed up development of the asset management industry, people familiar with the matter said, after leaders recently vowed to boost investor confidence.

Hawaiian Utility Sued by Homeowner Over Lahaina Fire

The Hawaiian power company in the crosshairs after wildfires ripped through parts of Maui faces a new lawsuit blaming its equipment for starting blazes that claimed more than 100 lives and wreaked billions of dollars in damages.

US, Brazil Discuss Possible Biden-Lula Meeting at UN Forum

The US and Brazil are discussing a possible meeting between Presidents Joe Biden and Luiz Inácio Lula da Silva at next month’s United Nations General Assembly in New York, according to three Brazilian officials, amid strains in relations.

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