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(Bloomberg) — India’s Greenko Energies Pvt. is weighing an initial public offering in Mumbai to raise as much as $1 billion, according to people familiar with the matter, in what could test investor appetite for renewable energy shares after a weak market debut by an industry peer. Read More
(Bloomberg) — Asia’s governments will have to stretch their budgets or risk unleashing an inflation shock as the deepening conflict in the Middle East pushes oil prices past $100 a barrel. Read More
(Bloomberg) — European natural gas prices jumped as the war in the Middle East continues to rock energy markets and disrupt shipments of seaborne supplies. Read More
(Bloomberg) — The Group of Seven finance ministers are set to discuss a possible joint release of oil reserves on Monday, the Financial Times reported, as the Middle East war chokes flows from the region and sends prices soaring. Read More
(Bloomberg) — In the east German industrial town of Leuna, Christof Günther had been looking forward to a quiet Christmas with his family when the risk of a disaster at the local chemical park he helms disrupted any sense of seasonal calm. Read More
(Bloomberg) — Global bond markets tumbled in Asian trading Monday as an oil price shock prompted investors to price in higher inflation and a deteriorating economic growth outlook. Read More
(Bloomberg) — South Korean President Lee Jae Myung called for the quick launch of a cap on fuel prices as the government moves to contain a spike in energy costs triggered by escalating conflict in the Middle East. Read More
(Bloomberg) — A gauge of fear in Japanese stock markets has surged to the highest level since the Covid crisis in 2020 as a sharp spike in oil prices dampens optimism about the country’s economic outlook and corporate earnings. Read More
