(Bloomberg) — Chobani Inc., the food company best known for its Greek yogurt, withdrew its document for a planned initial public offering, according to a filing with the US Securities and Exchan...
Tag: Deepening
Germany Bails Out Energy Giant Uniper In Latest Sign Of Deepening European Energy Crisis
Topline The German government will take a 30% stake in flailing German energy company Uniper at a multibillion dollar price tag, the company announced Friday, in a massive bailout showing the dire con...
France Will Nationalize Country’s Largest Utility Company Amid Deepening War-Induced Energy Crisis
Topline The French government said Wednesday that it plans to fully take over its largest electricity provider Electricity de France, a move that shows the long-lasting effects of Russia’s invasion of...
Iron Ore Sinks and Steel Mills Go Dark on Deepening China Gloom
(Bloomberg) — Iron ore plunged more than 7% in Singapore — giving up all its gains this year — as steel mills idled blast furnaces amid growing pessimism over the demand outlook in C...
Stock Market Bottom Remains Elusive Despite Deepening Decline
U.S. stocks are in the midst of their longest selloff in decades. Whether they are close to bottoming is anyone’s guess. Market selloffs have long stumped strategists trying to predict when they were...
IMF Says China’s Outflows Show Deepening Divergence With U.S.
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Investor outflows from China reflect a deepening divergenc...
Biden Called to Unleash Shale to Counter Deepening Energy Crisis
(Bloomberg) — The chorus is growing from America’s oil executives for President Joe Biden to throw the federal government’s weight behind an industry he once deliberately shunned: U.S. shale. Mo...