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Bloomberg Premier Oil Plc is considering a bid for a package of North Sea oil and gas assets put on the block by US oil major Chevron Corp that’s worth about $2 billion, according to people familiar with the matter. The first round of bids is due before the end ...

Bloomberg Xinyi Energy Holdings Ltd, an owner and operator of solar farms in China, is postponing a Hong Kong initial public offering of as much as $582 million, according to people with knowledge of the matter. The unit of Xinyi Solar Holdings Ltd has no timetable for relaunching the deal, ...

Bloomberg China took more steps to defuse trade tensions with the US, confirming it will remove the retaliatory duty on automobiles imported from America and preparing to restart purchases of American corn. The 25 percent tariff imposed on vehicles as a tit-for-tat measure will be scrapped starting from January 1, ...

Bloomberg India’s largest listed property developer expects many of its smaller peers to go belly-up as creditors cut financing after a shock default. “Weaker balance sheets are going to fall off, while large listed developers will get though current liquidity crisis,” Saurabh Chawla, outgoing chief financial officer of DLF Ltd., ...

Bloomberg China plans to give foreign companies greater access to its economy and is drafting a replacement of its plan to dominate advanced technologies by 2025, the Wall Street Journal reported, citing sources briefed on the strategy. Beijing’s changes would come in response to pressure from US President Donald Trump, ...

Bloomberg Forty years ago, 18 villagers of Xiaogang in Anhui Province banded together to disobey the orders of China’s government, risking their lives by deciding to farm individually instead of collectively. Now, they’re celebrated as the pioneers of Reform and Opening Up — the process of turning China into a ...

Bloomberg Envoys at a United Nations conference adopted a set of steps on fighting climate change meant to guide efforts to rein in greenhouse gas pollution worldwide. The diplomats drawn from energy and environment ministries in almost 200 countries backed rules to implement the three-year-old Paris Agreement, which called for ...

Bloomberg Apple Inc fell with shares on course to close at their lowest level since April, as more analysts joined the chorus of bears and skeptics warning about the prospects for iPhone sales. The stock dropped as much as 2.9 percent, and shares are on track for their 10th negative ...

Bloomberg A borrowing spree by the Canadian federal and provincial governments is threatening to increase costs for companies just as the economy turns, according to BlackRock Inc. Public-sector borrowing is set to swell as issuers including the federal government, Ontario — already the world’s largest issuer of sub-sovereign debt — ...

Bloomberg PG&E Corp, already under scrutiny for a deadly California wildfire last month, now faces potential penalties for allegedly breaking natural gas pipeline safety rules and falsifying records, state regulators said. The California Public Utilities Commission said that the state’s biggest utility owner systematically violated rules to prevent construction crews ...