Russia’s Oil Tanker Firm Sovcomflot Says G-7 Sanctions Make Oil Trade Less Safe September 20, 2024 By Bloomberg News Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only...
Shanghai Slammed by Strongest Typhoon to Hit City Since 1949 September 16, 2024 By Bloomberg News The strongest typhoon in more than seven decades has struck China’s financial hub, leading to widespread flight cancellations and disrupting...
Ping An Profit Rises Nearly 7% as Market Recovery Bolsters Returns August 23, 2024 By Bloomberg News Ping An Insurance (Group) Co. said profit rose nearly 7% in the first half, after a stock-market recovery helped bolster...
Update: Taiwan’s CTBC Financial Plans to Buy Rival Shin Kong August 20, 2024 By Bloomberg News Taiwan’s CTBC Financial Holding Co. said it plans to buy smaller rival Shin Kong Financial Holding Co., a move that...
China Evergrande Group’s Liquidators Start Legal Action Against PwC August 7, 2024 By Bloomberg News China Evergrande Group’s liquidators have launched court proceedings against PricewaterhouseCoopers LLP, another legal step to recover at least a fraction...
PwC Starts Mass China Layoffs After Losing Dozens of Clients July 10, 2024 By Bloomberg News PricewaterhouseCoopers LLP is cutting staff across its China operations, according to people familiar with the matter, after an exodus of...
After Oil, Russia May Be Building a Shadow Fleet for Gas June 28, 2024 By Bloomberg News In the months that followed its invasion of Ukraine and punitive Western restrictions imposed in response, Russia amassed a shadow...
China Weighs Record Fine for PwC Over Evergrande Audit Work May 30, 2024 By Bloomberg News China is poised to impose a record fine on PricewaterhouseCoopers LLP and suspend some of the global auditor’s local operations...
EU Firms’ Appetite for China Investment Sinks to Record Low May 10, 2024 By Bloomberg News China is losing its luster as a top country to invest in as firms seek to avoid geopolitical risks and...
Typhoon Season in Northwest Pacific Seen Less Active Than Normal May 8, 2024 By Bloomberg News Typhoon activity in the Northwest Pacific region is expected to be about 20% below normal this year, forecaster Tropical Storm...