China Consumed Twice the Electricity of the US in 2025: CCTV
China used more than double the electricity of the US in 2025, China Central Television reported Saturday, citing data from the National Energy Administration.
China used more than double the electricity of the US in 2025, China Central Television reported Saturday, citing data from the National Energy Administration.
China punished 69 officials at the level of minister, provincial rank and above last year for corruption amid an ongoing crackdown, according to a statement posted Saturday on the website of the Central Commission for Discipline Inspection and the National Supervisory Commission.
Edison International sued Los Angeles County and other public agencies for allegedly failing to ensure timely evacuation alerts that the company says could have saved most of the 19 people who died in a massive wildfire last year.
Former New York Fed President Bill Dudley reacts to the Justice Department’s criminal subpoena of Fed Chair Jerome Powell, and discusses Powell’s public response. Dudley explains how the Trump Administration’s pressure on the Fed to lower interest rates is ‘counterproductive,’ and addresses concerns about damaging the Fed’s credibility. He says that although President Donald Trump views interest rates like a real estate developer, lower rates aren’t always good for American consumers. (Source: B
Malaysia’s Capital A Bhd. said it completed the sale of its short-haul aviation business to AirAsia X Bhd., as part of the restructuring of the business empire controlled by Tony Fernandes.
Japanese Prime Minister Sanae Takaichi will consider a temporary suspension of sales tax on food as part of her election campaign pledge after her expected dissolution of parliament next week, Mainichi newspaper reported, citing unnamed people familiar with the matter.
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley Investment, Management’s Andrew Slimmon, Scotiabank’s Andrew Weisel, Monness Crespi Hardt & Co’s Brian White, Former FDIC Chair Sheila Bair, Neuberger Berman’s Jeff Blazek, Needham & Company’s Laura Martin, Evercore’s Nicholas Amicucci, Mizuho Securities USA’s Dan Kolev, AlixPartners’ Simon Freakley, McKinsey
Chris Bradley, McKinsey Global Institute Director and Senior Partner, says we are entering a new economic era. He speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
Hellman & Friedman is exploring a potential sale of medical device company Cordis, people familiar with the matter said.
Simon Freakley, AlixPartners Executive Chairman, says CEOs are adapting to intense disruption and managing through volatile times. He speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)