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Europe set for warmest January in years as gas crisis eases

  Bloomberg Europe is set for the warmest January in years, easing an energy crunch that has hammered the region for months. Mild conditions are likely to persist across the region until the end of the month, with a strong weather front blocking out cold polar air, according to forecaster Maxar Technologies Inc. While sparking climate concerns, the warmth over ...

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Panasonic resists decoupling trend to boost China funding

Bloomberg Panasonic Holdings Corp will boost its investment in China significantly, bucking the growing trend of foreign companies reducing their exposure to the country as geopolitical tensions rise and the domestic economy slows. The company will invest more than 50 billion yen ($373 million) in China through the end of 2024 to build and expand factories making home appliances for ...

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Key China coal importer buys Australia cargoes

  Bloomberg One of China’s biggest coal importers struck a deal for Australian cargoes and others are already in talks for purchases as curbs on imports from the producer are eased. China Energy Investment Corp (CEIC) bought at least two shipments from Australia and may purchase as many as four cargoes, according to people with knowledge of the matter. The ...

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