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Bloomberg Sarah O’Brien, Tesla Inc.’s vice president of communications, is leaving the company after nearly two years, the company confirmed. Her departure has been planned for a few months and precedes the recent drama surrounding Chief Executive Officer Elon Musk’s aborted attempt to take the electric carmaker private. Her last day will be September 7. “We’d like to thank Sarah ...

Bloomberg Poland’s jobs conundrum is worse than it looks. A labour shortage has increasingly emerged as one of the biggest hurdles for the European Union’s biggest eastern economy. Now the remaining pool of available workers is drying up fast. Data showed Poland’s registered jobless rate unchanged in July at a record low, with the number of newly unemployed down by ...

Bloomberg Back in 2015, Royal Dutch Shell Plc and BP Plc cast doubt over the future of aging oil fields offshore Norway. A crash in crude prices and high operating costs threatened to shut them early, leaving millions of barrels in the ground. Two of the fields, Draugen and Valhall, have since fallen into the hands of smaller, local companies, ...

Bloomberg Trinidad and Tobago will continue to ship super-chilled natural gas all over the world, with a little help from Venezuela. President Nicolas Maduro and Trinidad and Tobago Prime Minister Keith Rowley signed a deal where Trinidad will purchase gas from Venezuela’s prolific Dragon Field, state-run energy company, Petroleos de Venezuela SA, said in a tweet. Under the terms of ...

Bloomberg CenterPoint Energy Inc. wants to introduce a pilot programme in Minnesota offering customers access to a renewable form of natural gas recovered from dairy farms and landfills. It’s the first such programme in the Midwest, mirroring the push by utilities to offer electricity powered by wind or solar. Methane produced by everything from manure to rotting garbage is the ...

Bloomberg Petroleos Mexicanos will be free to choose its own partners if Mexico’s next government has its way. President-Elect Andres Manuel Lopez Obrador may seek to change a part of the 2014 energy reforms requiring Pemex receive regulatory approval when choosing partners in oil blocks, according to people with knowledge of the situation. Previously, Lopez Obrador has said that he ...

Bloomberg South Korea’s antitrust watchdog proposed new rules for family-run conglomerates to make it harder for such businesses to muscle through their agendas at the expense of minority shareholders. The proposed amendments to existing regulations would require a newly created holding company to own at least 30 percent in an entity it wants to treat as a listed subsidiary and ...

Bloomberg Reliance Communications Ltd., the embattled Indian mobile operator headed by billionaire Anil Ambani, clinched the approval of overseas bondholders to ease its debt burden, putting the company a step closer to averting bankruptcy. RCom, which defaulted last year on its $300-million bond, got 83 percent of the noteholders to approve the plan in London, the company said in an ...

Bloomberg To ease traffic congestion in the Philippines’ main financial centre, there’s no way to go but underground and afloat, said businessman Antonio Tiu, who is leading a venture for one of two subway projects in the capital region. IRC Properties Inc., Tiu’s venture with Chinese and Hong Kong companies for a $3.7 billion underground system in Metro Manila’s Makati ...

Bloomberg Didi Chuxing said it will suspend a carpool service and has removed two executives after a second female customer in three months was allegedly killed by a driver in China. The ride-hailing app company said in an emailed statement on Sunday that it will halt its Hitch service starting on Monday and reevaluate the carpool operation’s business model. Didi ...