Bloomberg, Author at Latest News

Karpowership to move forward with two power plants in South Africa

South African Environment Minister Barbara Crease rejected appeals from five environmental groups that sought to block the company from applying for approval to install a 450-megawatt gas-fired facility at the port of Richards Bay on the northeast coast, according to a ruling seen by Bloomberg. In a separate decision, it allowed Karpowership to pursue environmental … Read more

Former JPMorgan boss urged Staley to meet ‘most connected’ Epstein

Warner told Staley, “He’s one of the most connected people I know in New York.” documents Filed in Manhattan federal court on Monday. The documents showed Epstein would go on to generate more than $8 million in revenue for JPMorgan’s private investment banking business. The financier has referred the roll call of US billionaires to … Read more

Chinese Stocks Rise After Officials Point To Support: Markets Are Turning

Technology stocks in Hong Kong jumped more than 4% while mainland China stocks advanced as well, sending gains in a measure of regional stocks up about 0.7% on Tuesday. On Monday, the index of US-listed Chinese stocks posted its biggest one-day gain in nearly six months as the country’s top leaders took advantage Decisive Politburo … Read more

The Russian attack highlights the threat to Ukraine’s last grain export route

A drone attack overnight hit the Danube port of Reni, according to people familiar with the matter, who asked not to be named while discussing sensitive information. Ukraine’s Southern Military Command earlier said on Facebook that a grain hangar in the Danube port had been destroyed, without specifying which or giving details. Wheat futures for … Read more