Natural gas prices in Europe advanced as planned strikes in Norway threaten to further tighten a market that’s already reeling from Russia’s supply cuts.
Philippine President Ferdinand Marcos Jr.’s veto of a planned economic zone covering San Miguel Corp.’s airport supports a drive to be more deliberate in granting tax incentives and shouldn’t alarm investors, his chief economic planner said.
Unknown hackers claimed to have stolen data on as many as a billion Chinese residents after breaching a Shanghai police database, in what industry experts are calling the largest cybersecurity breach in the country’s history.
A £15 billion ($18 billion) takeover approach led by KKR & Co. for the UK’s largest electricity distribution business collapsed, the Financial Times reported.
A giant aviation deal from China on Friday underscored how trade tension between Washington and Beijing can impact individual companies, with Boeing Co. left looking on as rival Airbus SE scooped up orders worth at least $37 billion.
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