Saturday , 7 February 2026

Recent Posts

Luckin’s battered stock faces a renewed wave of selling

Bloomberg Luckin Coffee Inc.’s battered stock faces a renewed wave of selling on Wednesday, after Nasdaq Inc. said it planned to delist the onetime market darling that shocked investors with revelations of accounting fraud last month. The Chinese coffee chain’s shares, which have been suspended since tumbling more than 80% in April, will resume trading in New York. Luckin announced …

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Battle over world’s biggest wind turbine is heating up

Bloomberg Siemens Gamesa Renewable Energy SA, the Spanish wind turbine manufacturer, is to build what will be the world’s biggest windmill, by the thinnest of margins. The 14-megawatt machine with a rotor diametre of 222 metres (728 feet) will be just two meters bigger than General Electric Co’s own massive turbine. It’s another sign that size matters when it comes …

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US shale output set to tumble to 2018 low

Bloomberg Oil production from the top seven shale regions in the US is set to tumble to levels not seen since 2018 as drillers scale back in response to the recent price collapse. Losses will be led by the Permian Basin — which straddles Texas and New Mexico — where output is seen falling by 87,000 barrels a day in …

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