Showing results for "China Gas Hldg"
markets
Builder CIFI Proposes Key Debt Terms With as Much as 85% HaircutDistressed developer CIFI Holdings Group Co. said it has reached an agreement with a key creditor group on some terms of a restructuring plan that could cut the principal on its debt by as much as 85%, a reversal from the company’s expectations of “no haircut” a year ago.April 29, 2024
markets
Yen Volatility, Musk in China & Philips Earnings | Daybreak: Europe 04/29/2024Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's guests: Philips CEO Roy Jakobs & Federico Santi, Senior Analyst for Europe at Eurasia Group. (Source: Bloomberg)April 29, 2024
business
Musk's China Visit Pays Off With Baidu-Tesla PartnershipTesla’s Elon Musk made an unannounced trip to China on Sunday, looking for approval for driver-assistance software. The surprise visit appears to have paid off, with Tesla clearing two key hurdles to introduce its driver-assistance system to China. The US electric carmarker will partner with Chinese tech giant Baidu for mapping and navigation functions to deploy what it calls Full-Self Driving. Bloomberg's Jill Disis reports. (Source: Bloomberg)April 29, 2024