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BHP nears oil, gas exit over climate scrutiny

Bloomberg BHP Group is in talks over a potential merger of its oil and gas unit with Woodside Petroleum Ltd to accelerate a retreat from fossil fuels amid increasing pressure to curb emissions. Options being discussed include a distribution of Woodside shares to BHP holders to allow the Australian energy firm to add operations spanning Australia to the Gulf of ...

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Spring Air bets on post-Covid tourism boom in China, Japan

Bloomberg Spring Airlines Co and Japan Airlines Co are anticipating a post-pandemic tourism boom between China and Japan for their joint-owned budget carrier, even though Japan still lags behind major economies in reopening its borders. Spring Airlines Japan Co had operated seven routes from Narita to Shanghai, Tianjin, Nanjing, Wuhan and other cities, but five of them were suspended due ...

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Tim Hortons China to list in $1.7b Silver Crest SPAC deal

Bloomberg The company running the Chinese business of iconic Canadian coffee shop chain Tim Hortons agreed to go public through a merger with blank-check company Silver Crest Acquisition Corp. The transaction will give Tim Hortons China a Nasdaq listing and value the business at about $1.69 billion including debt, Silver Crest said in a regulatory filing, which confirmed an earlier ...

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