California offshore wind auction bids top $460 mln on day two

California offshore wind auction bids top $460 mln on day two

Dec 7 (Reuters) – The first ever auction of offshore wind development rights off the coast of California entered its second day on Wednesday, with high bids topping $460 million. The Biden administration’s sale is a major milestone in the its goal to put turbines along every U.S. coastline and a critical test of developer … Read more

Buffett’s Berkshire discloses $4.1 bln TSMC stake

Buffett’s Berkshire discloses $4.1 bln TSMC stake

Nov 14 (Reuters) – Berkshire Hathaway Inc (BRKa.N) said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing (2330.TW), , a rare significant foray into the technology sector by billionaire Warren Buffett’s conglomerate. The news sent shares in TSMC up more than 6% in Taiwan on Tuesday, as it boosted investor sentiment … Read more

Exclusive: Wall Street revives Russian bond trading after U.S. go-ahead

Exclusive: Wall Street revives Russian bond trading after U.S. go-ahead

NEW YORK, Aug 15 (Reuters) – Several major Wall Street banks have begun offering to facilitate trades in Russian debt in recent days, according to bank documents seen by Reuters, giving investors another chance to dispose of assets widely seen in the West as toxic. Most U.S. and European banks had pulled back from the … Read more

U.S. SEC adds Alibaba to list of Chinese companies facing delisting risk

U.S. SEC adds Alibaba to list of Chinese companies facing delisting risk

July 29 (Reuters) – Alibaba Group Holding Ltd (9988.HK), is among a list of Chinese companies that could face delisting, the U.S. Securities and Exchange Commission said on Friday, pushing the e-commerce giant’s shares down about 9% in mid-day trading. Alibaba is among more than 270 Chinese companies listed in New York identified as being … Read more