Tuesday , 16 December 2025

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Brookfield eyes Brazil, India for green bonds

Bloomberg After selling three green project bonds in the US and marketing a new one in Canada, Brookfield Asset Management’s renewable power business is setting its sights on South America and Asia. The Toronto-based company is selling bonds to refinance the existing debt of a pool of four hydroelectric facilities located in Ontario, according to a S&P Global Ratings. The …

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Bangchak targets vegan meat to boost business

Bloomberg Bangchak Corp, one of Thailand’s top oil refiners, is targeting the bioplastics and plant-based meat industries to diversify its business. The move is part of a strategy of focussing on value-added products rather than just commodities sectors, president Chaiwat Kovavisarach said. “The market has really picked up for alternatives for plastic,” Chaiwat said, adding that a unit producing compostable …

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Japan seeks home battery networks

Bloomberg After recent typhoons ravaged Japan’s grid and disrupted power to almost 1.4 million customers, the government is encouraging homeowners to invest in storage systems, seeking to marry batteries with existing rooftop solar capacity to create backup electricity networks. The backbone would be the 2.3 million rooftop solar installations across the country.

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US futures advance with stocks; Treasuries drift

Bloomberg US equity futures advanced with stocks in Europe as investors kept an eye out for fresh signs of progress in America-China trade negotiations. Treasuries were steady. Contracts on the S&P 500 Index rose, signalling the benchmark would head towards a fifth straight record on Tuesday. In earnings news, Kohl’s Corp tumbled in pre-market trading along with Home Depot after …

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China’s small-cap stocks at two-month high on stimulus bets

Bloomberg China’s small-cap ChiNext Index rose to a two-month high as investors bet authorities may add more liquidity to the financial system. The ChiNext Index advanced 2.8% at the close in Shenzhen after 0.5% gain. Battery maker Contemporary Amperex Technology Co climbed 5.6% as the biggest boost to the measure. Beijing Kunlun Tech Co was among Chinese video game stocks …

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Nigerian stocks resume gains

Bloomberg Nigerian stocks resumed gains on Tuesday as investors sought more attractive options than the negative real yield on the country’s short-term debt. The benchmark stock index climbed 0.4% in Lagos, leaving it on track for its best month since May. The gauge has risen in the past two weeks, snapping seven weeks of declines. Gains in banking stocks have …

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De Havilland wins its biggest jet orders at Dubai Airshow

Bloomberg De Havilland Aircraft of Canada Ltd won its biggest plane orders since the brand was sold off by Bombardier Inc with the sale of as many as 23 Dash 8-400 turboprops. The manufacturer, an aviation pioneer long overtaken by the jet age, said at the Dubai Airshow that it a signed a letter of intent with lessor Palma Holding …

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Kylie Jenner sells $600mn stake in beauty line to Coty

Bloomberg Coty Inc agreed to pay $600 million in cash for a majority stake in Kylie Jenner’s cosmetics line, the latest move by a major beauty company to acquire trendy brands that appeal to a younger clientele. The makeup and fragrance giant will have overall responsibility for the portfolio, while Jenner, part of the Kardashian clan, will lead creative efforts …

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EasyJet buys Airbus jets while slowing near-term expansion

Bloomberg EasyJet Plc ordered a dozen Airbus SE narrow-body jetliners to fuel long-term growth while reining in more immediate expansion plans by trimming capacity and pushing back another set of aircraft deliveries. Europe’s second-biggest discount airline converted options to firm purchases for the A320neo planes worth $1.33 billion at list prices, it said in a statement. Delivery is set for …

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IATA warns of ‘broken’ certification process in Boeing Max grounding

Bloomberg Global aviation regulators have yet to formulate a unified approach to getting the grounded Boeing 737 Max jet back into service after two fatal crashes, a division that risks undermining public trust in the industry’s safety record, according to Alexandre de Juniac, the head of the IATA association of global airlines. “The point on which we have to pay …

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