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Singapore water debacle risks 90% losses for investors

Bloomberg The catastrophic slump of Singapore’s much-vaunted water and power company, Hyflux Ltd., has stunned 34,000 retail investors who were lured by the promise of a 6 percent annual return forever from a company that seemed to have a gold seal of government approval. At the heart of the debacle is Tuaspring, a desalination and power plant that cost S$1.1 ...

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Europe debt market lures corporate America again

Bloomberg European debt markets have suddenly become more appealing to some big American corporations again, spurred in part by monetary policy changes. Several American household names have recently crossed the pond to issue debt in Europe. Companies such as Altria Group Inc., Coca-Cola Co., Ford Motor Credit Co. and International Business Machines Corp., among others, together have sold almost 18 ...

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American companies file record-high patent applications in Europe

Bloomberg US companies submitted a record number of patent applications to the European Patent Office in 2018, retaining the country’s status as the most prolific filer. The 43,612 patent applications US companies filed was 25 percent of the total, the agency said on Tuesday, and far more than the 26,734 filed by Germany, the closest competitor. It was up 2.7 ...

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