Funding & Business
Restructuring Pressure Rises in Italy and Nordics, BCG Says
The number of firms under pressure to overhaul or restructure their businesses has risen sharply in Italy and the Nordics, putting both large companies and their supplier networks at risk, according to a report by Boston Consulting Group.
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Stonepeak Partners is in talks to invest in data center operator Princeton Digital Group, people familiar with the matter said, as the US infrastructure investor seeks to build up its presence in Asia Pacific.
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China’s Zhejiang Huayou Cobalt Co. Ltd expects to report record half-year earnings, as it ramps up nickel projects in Indonesia and enjoys the tailwind from rising cobalt prices.
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Iron ore fluctuated as US President Donald Trump signaled he was open to more negotiations after he unveiled his first wave of letters threatening to impose higher tariffs.
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