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China’s CCT in talks to acquire Permira’s Asia broadcast satellite

  Bloomberg China Communication Technology is among final bidders for Asia Broadcast Satellite, the communications operator being sold by European private equity firm Permira, people familiar with the matter said. CCT, a Shenzhen-based provider of military communication equipment, is in the advanced stages of negotiations with Permira, the people said, asking not to be identified because the discussions are confidential. ...

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Smog-choked China to boost LNG imports for cleaner air

  Bloomberg China is becoming more dependent on overseas natural gas as it seeks to wean itself off coal and avoid the toxic smog that suffocates the country every winter. The world’s largest energy user will increase imports of liquefied natural gas about 30 percent this year as domestic production stagnates and the government pushes cleaner fuels in an effort ...

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German economy gets head start in year of political turmoil

  Bloomberg The German economy is getting some wind in its sails just as the waters are about to get rough. The nation, the first of the world’s biggest developed economies to report on its 2016 performance, probably achieved expansion of 1.8 percent, helped by a pickup toward the end of the year. The German result, forecast by economists surveyed ...

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