Bank of England Governor Andrew Bailey will accompany Britain’s Finance Minister Rachel Reeves on her official visit to China in January, Sky News reported on Saturday. Nikhil Rathi, head of the UK’s Financial Conduct Authority, will also be on the trip, Sky News said, without saying where it got the information. Source link
Longi Green Energy Technology Co. delayed the start of a 15-gigawatt solar module factory in eastern China by 18 months as the sector faces overcapacity and a fierce price war. The project in the city of Wuhu in Anhui province is now expected to be operational in June 2026, the company said in a filing…
AstraZeneca Plc’s China President Leon Wang is under investigation by Chinese authorities, the drugmaker said Wednesday. The British company saidBloomberg Terminal Wang is cooperating and, if requested, it will also “fully cooperate with the investigation.” Source link
Goldman Sachs Group Inc. said global investors are overstating the risk that financial markets will be plunged into uncertainty by the lack of a clear victor soon after next week’s US presidential election. “While we recognize the tail risk possibilities, we think market participants appear to be somewhat overestimating the probability that a delayed result…