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Companies brace for energy of the future – hydrogen
Petronas official: “Energy transition will be pushed forward much faster. ”
CHINA'S top flash memory chipmaker sees no easy way to replace U.S. chipmaking gear, underscoring how a further crackdown on the supply of American technology will devastate the local semiconductor industry.
MANILA:The Philippine central bank said bond sales will become its main tool to control liquidity in the financial system, with its maiden sale of the securities on track for this quarter.
BENGALURU (Reuters) - Tesla Inc unveiled its biggest program of new share sales in a decade as a public company on Tuesday, seeking to cash in on soaring Wall Street interest in the company to raise $5 billion that will ease future debt pressures.
JAKARTA: Indonesia’s parliament will consider possible sweeping changes to laws that could give the government more authority over the central bank.
US commercial real estate prices are falling as the economic toll of the Covid-19 pandemic worsens – and the decline is just getting started.
SYDNEY: Australian banks are making the most of ample cash during the coronavirus pandemic – driven by government wage subsidies, capital raisings, and higher individual deposits – to repay their debt as part of a long-held drive to bolster finances.
FOR years Citigroup Inc. has been an anomaly among big banks, relying on an obscure piece of software it helped develop to manage loan payments. Just as the bank tried to replace it, things went terribly wrong.