Bloomberg The Biden administration is engaging with China in an effort to win approval for Boeing Co’s 737 Max planes, which remain banned in the country even as other jurisdictions have reauthorised it following crashes. “We’re absolutely working on it,” Commerce Secretary Gina Raimondo said in an interview on Tuesday with Bloomberg Television’s David Westin. “China’s a big market, and …

Bloomberg The European Union (EU) drummed up 107 billion euros ($130 billion) of orders for its debut bond sale under the recovery fund, the first sign that investor appetite is robust for the AAA-rated securities. Danske Bank A/S and ABN Amro Bank NV expect the EU to raise 10 billion euros or more from the sale of 10-year debt, with …

Bloomberg Nordea Asset Management says it’s trying to slow the flow of cash into its global climate fund amid seemingly insatiable demand for clean assets. To “protect the interests of all shareholders and to ensure the continued efficient management of the fund,” Nordea plans to cap daily subscriptions and conversions at 1 million euros, effective June 25, it said on. …