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Battery startup with $4.5bn plan has vision for Nordic hub

Bloomberg Freyr AS, a startup planning to build one of Europe’s first battery gigafactories in Norway, has a bigger vision for the region: a “Nordic Battery Belt.” The Norwegian company is still gathering approvals, technology licenses and funding for its initial, 40 billion-krone ($4.5 billion) project in northern Norway. But it already sees the scope for as many as four ...

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$61 billion Australian fund is on the hunt for new talent

Bloomberg Australian pension fund First State Super is on a hiring spree as it seeks to more than double in size to A$200 billion ($136 billion) within next four years. The Sydney-based firm’s investment team will grow to more than 100 people from 80 by 2022 as it builds out in-house expertise across equities, fixed income, infrastructure and direct lending, ...

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China online sites block protest gear sales to HK

Bloomberg Hong Kong demonstrators will need to look beyond mainland China for supplies of protest gear that’s defined the look of the movement. Queries on Chinese e-commerce portals such as Alibaba Group Holding Ltd.’s Taobao for umbrellas, masks and helmets would return the searches as “item not found” for buyers based in Hong Kong, while those on the mainland had ...

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