Sunday, February 20, 2022

Financial Post

Financial Post

Firefighters struggle to douse fire on luxury cars vessel

Posted: 20 Feb 2022 02:49 AM PST

LISBON -- Firefighters are struggling to put out a fire that broke out on Wednesday on a vessel carrying thousands of luxury cars, which is adrift off the coast of Portugal's Azores islands, a port official said, adding it was unclear when they would succeed. Read More

Hong Kong in ‘all-out combat’ to contain COVID outbreak with China support

Posted: 20 Feb 2022 01:28 AM PST

HONG KONG -- Hong Kong is in "all-out combat" to contain a surge in coronavirus cases, the city's number two official said on Sunday, with the ramping up of community isolation and treatment units helped by mainland Chinese construction teams. Read More

Controversial $5 Billion Ethiopia Dam Begins Producing Power

Posted: 20 Feb 2022 12:43 AM PST

(Bloomberg) -- Ethiopia began generating electricity from its giant hydropower dam on a Nile River tributary, a project it sees as key to its economic development but that has stirred tensions with downstream neighbors. Read More

Eastbound gas flows via Yamal-Europe pipeline up slightly over weekend

Posted: 20 Feb 2022 12:26 AM PST

MOSCOW -- Eastbound natural gas flows via the Yamal-Europe pipeline, which usually travel west from Russia to Europe, continued in reverse mode over the weekend, with volumes slightly higher than on Friday, data from German network operator Gascade showed. Read More

Brookfield, Australian billionaire Cannon-Brookes in bid for AGL Energy -media

Posted: 20 Feb 2022 12:23 AM PST

MELBOURNE -- Canada's Brookfield Asset Management Inc and Australian tech billionaire Mike Cannon-Brookes have made a joint bid to take over Australia's AGL Energy Ltd, the Australian Financial Review reported on Sunday. Read More

Hong Kong in ‘all-out combat’ to contain COVID outbreak with China support

Posted: 19 Feb 2022 09:55 PM PST

HONG KONG -- Hong Kong is in "all-out combat" to contain a surge in coronavirus cases, the city's number two official said on Sunday, with the ramping up of community isolation and treatment units helped by mainland Chinese construction teams. Read More

Trump’s Truth Social app set for release Monday in Apple App Store, per executive

Posted: 19 Feb 2022 06:38 PM PST

Donald Trump's new social media venture, Truth Social, appears set to launch in Apple's App Store on Monday, according to posts from an executive on a test version viewed by Reuters, potentially marking the return of the former president to social media on the U.S. Presidents Day holiday. Read More

Singapore’s carbon tax to rise five-fold in 2024

Posted: 19 Feb 2022 06:33 PM PST

SINGAPORE -- Singapore will increase its carbon tax fivefold to S$25 ($18.60) a tonne in 2024, Finance Minister Lawrence Wong said, in an attempt to meet its zero-emissions target by around 2050. Read More

U.S. Oil and Gas Permits Delayed After Federal Court Ruling

Posted: 19 Feb 2022 06:15 PM PST

(Bloomberg) -- Permits to drill for oil and gas on U.S. public land will be delayed after a federal judge ruled against the Biden administration's estimates of the social costs of greenhouse gas emissions, the Interior Department said Saturday. Read More

Australia Calls China Navy Incident an ‘Act of Intimidation’

Posted: 19 Feb 2022 04:15 PM PST

(Bloomberg) -- Australian Prime Minister Scott Morrison branded a Chinese navy vessel pointing a laser at one of his nation's surveillance aircraft off the northern coast an "act of intimidation." Read More
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