Wednesday 22 June 2022

Japan's JERA prepares to revive a second aged power unit at Anegasaki

Japan's JERA prepares to revive a second aged power unit at Anegasaki

JERA, Japan's biggest power generator, has started preparation work to restart another aged power generation unit at its Anegasaki thermal power station, near Tokyo, to help the region avoid any power crunch during the peak winter demand season.

China considers extending purchase tax exemption for new energy vehicles

China will step up support for automobile consumption and expects vehicle and auto-related consumption to increase by about 200 billion yuan in 2022, state media reported, citing a regular cabinet meeting on Wednesday.

EXCLUSIVE Bidders weigh up to 7,000 yen/share offer in $22 bln Toshiba buyout -sources

Bidders for Toshiba Corp are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private, three people familiar with the situation told Reuters, valuing the deal at about $22 billion.

Futures slide ahead of Powell's congressional testimony

Wall Street futures fell on Wednesday after a broad-based rally in the previous session, with investor focus squarely on Federal Reserve Chair Jerome Powell's congressional testimony to gauge the pace of future interest rate hikes.

Ukraine's Metinvest urges customers not to buy 'stolen' steel

Ukraine's largest steelmaker has urged customers not to buy any products made at its plants in Mariupol because it fears they may have been stolen by Russian forces occupying the southern city.

Lockheed can deliver F-35 to Germany from 2026, sees more orders in Europe

Lockheed Martin said on Wednesday it could deliver first F-35 fighter jets to Germany in 2026 and expects more orders for the aircraft in Europe as Greece and the Czech Republic have expressed significant interest.

Carlsberg CFO to step down

Carlsberg on Wednesday announced the departure of Chief Financial Officer Heine Dalsgaard, who had a leading role in a major cost-cutting programme to stem its losses in Russia.

Biden to ask Congress to pause gas tax amid record pump prices

U.S. President Joe Biden on Wednesday will call on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices, according to a senior administration official.

Corporate America looks for leeway on U.S. climate disclosures

Business associations for top U.S.-listed companies have pushed back against a landmark proposal by the Securities and Exchange Commission (SEC) to make corporate America disclose a range of greenhouse gas emission figures.

U.S. tech companies yank job offers, leaving college grads scrambling

One by one, over the last week of May, Twitter Inc rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls, according to some of the recipients.

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