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TSMC hires ex-Intel lobbyist to deal with US-China tensions

Bloomberg Taiwan Semiconductor Manufacturing Co, a major chipmaker to Apple Inc and Huawei Technologies Co, has recruited rival Intel Corp’s former top lobbyist Peter Cleveland to spearhead an unprecedented effort in Washington to mitigate impact from US-Chinese trade tensions. The world’s biggest contract chipmaker joins a growing number of companies with Chinese business interests that are stepping up US lobbying, ...

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Canadian gas gains after drilling cutbacks

Bloomberg Canadian natural gas is trading at the highest price relative to US benchmarks in about 10 months after producers cut back on drilling and a rule change on a key Alberta pipeline system last year helped better manage flows of the fuel. The discount on gas traded at Alberta’s AECO hub versus the Henry Hub in the US shrank ...

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Brookfield seeks TerraForm buyout at $3.9bn value

Bloomberg Brookfield Renewable Partners LP, looking to bolster its status as one of the world’s largest clean-energy providers, is bidding to buy the shares of TerraForm Power Inc it doesn’t already own in a deal valuing the company at $3.9 billion. The proposal values TerraForm Power at $17.31 a share, representing an 11% premium to the closing share price on ...

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