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MLB, Bejing Enterprises to build baseball academies

Bloomberg Major League Baseball (MLB) has signed a 10-year partnership with state-owned Beijing Enterprises Real-Estate Group Ltd. to help grow the sport in China. The partnership, announced this morning, will focus on expanding the number of baseball facilities in the world’s most populous country. The aim is to build at least 20 development centres where Chinese students ages 7 to ...

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China’s LNG imports surge to record amid winter crunch

Bloomberg China’s imports of liquefied natural gas in November surged 53 percent to a record as the nation scrambles to meet fuel shortages amid peak winter demand and government’s drive to cut coal use. LNG imports rose 53 percent from the same month last year to 4.06 million metric tons, according to data posted on the website of the General ...

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US refiners could give oil demand a boost in 2018

Bloomberg Oil demand may jump in the new year as US refiners plan to take fewer units offline than last winter, freeing them up to churn out more fuel. Crude unit shutdowns in the first two months of the year are expected to be 35 percent below winter 2017, according to data from Energy Aspects Ltd. March outages are seen ...

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