China’s Coal Imports Fall Sharply as Domestic Output and Renewables Rise
China’s coal imports booked a decline last year, at 9.6% from 2024 to a total of 490 million…
Venezuela’s New Leader Is the Oil Industry’s Long-Time Ally
(Bloomberg) — As the US threatened Nicolás Maduro’s grip on power in recent months, a cadre of executives,…
China to hide bad debt records for pandemic-hit borrowers who repay small loans
China’s central bank has unveiled a credit-rehabilitation policy to help individuals who defaulted on small loans rebuild their…
Alphabet Poised for Another Paper Gain as SpaceX Valuation Jumps
(Bloomberg) — Alphabet Inc. is set to book another sizable paper gain after SpaceX completes a tender offer…
Rich World’s Rate-Cut Momentum Is Fading Away
Photographer: Jason Alden/Bloomberg (Bloomberg) — The final flurry of global monetary policy decisions for 2025 is likely to…
US Jobless Claims Jump by Most Since 2020 After Holiday Drop
(Bloomberg) — Applications for US unemployment benefits rose last week by the most since the onset of the…
Macron Calls for Rethink on ECB Approach to Monetary Policy
Photographer: Nathan Laine/Bloomberg (Bloomberg) — French President Emmanuel Macron called for a change in approach to monetary policy…
Australia Economic Growth Misses Forecasts, RBA Bets Whipsaw
Runners jog along the boardwalk past the Sydney Harbor Bridge. (Bloomberg) — Australia’s economy grew at a surprisingly…
Space Race With China Drives Antenna-Building Boom in Arctic
The Canadian government’s Inuvik Satellite Station Facility in the Northwest Territories. (Bloomberg) — Satellite operators are looking north. Way north.…
Consumers Feel Pinch at Pump as Russia Drives Oil Refining Boom
The Valero Houston refinery. Valero Energy Corp. and Turkiye Petrol Rafinerileri AS have seen stellar rises, while Orlen…
Bessent Deflects Inflation Concerns, Sees Better Times in 2026
US Treasury Secretary Scott Bessent (Bloomberg) — US Treasury Secretary Scott Bessent deflected concerns about high costs under…
Switzerland Moves Close to Securing Improved 15% Tariff Deal
Switzerland’s parliament building in Bern. Photographer: Francesca Volpi/Bloomberg (Bloomberg) — Switzerland is close to securing a 15% tariff…