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Premier Oil eyes bid for Chevron North Sea assets

Bloomberg Premier Oil Plc is considering a bid for a package of North Sea oil and gas assets put on the block by US oil major Chevron Corp that’s worth about $2 billion, according to people familiar with the matter. The first round of bids is due before the end of the month, the people said, asking not to be ...

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Xinyi Energy postpones $582mn Hong Kong IPO

Bloomberg Xinyi Energy Holdings Ltd, an owner and operator of solar farms in China, is postponing a Hong Kong initial public offering of as much as $582 million, according to people with knowledge of the matter. The unit of Xinyi Solar Holdings Ltd has no timetable for relaunching the deal, said one of the people, who asked not to be ...

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China to defuse trade war with reversal on cars

Bloomberg China took more steps to defuse trade tensions with the US, confirming it will remove the retaliatory duty on automobiles imported from America and preparing to restart purchases of American corn. The 25 percent tariff imposed on vehicles as a tit-for-tat measure will be scrapped starting from January 1, the finance ministry said. China also may buy at least ...

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