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Nigeria’s $1 trillion target: What the numbers really mean for business●Redfin reveals surprising turn in America’s housing market●Nvidia’s $750 billion circular financing loop: How it became banker, supplier and investor — and how big is the risk?●US Oil Inventories Sag as Hormuz Turmoil Rages On●CBIZ shares soar 17% after Grant Thornton agrees to buy company in $5 billion cash deal●US sanctions Iran's HormuzSafe marine insurer, shadow fleet tankers●Apax to acquire medical packaging firm Centor and another plastic packaging company from Gerresheimer for €1.5bn●IMF chief visits Argentina's Vaca Muerta shale field●Nigeria’s $1 trillion target: What the numbers really mean for business●Redfin reveals surprising turn in America’s housing market●Nvidia’s $750 billion circular financing loop: How it became banker, supplier and investor — and how big is the risk?●US Oil Inventories Sag as Hormuz Turmoil Rages On●CBIZ shares soar 17% after Grant Thornton agrees to buy company in $5 billion cash deal●US sanctions Iran's HormuzSafe marine insurer, shadow fleet tankers●Apax to acquire medical packaging firm Centor and another plastic packaging company from Gerresheimer for €1.5bn●IMF chief visits Argentina's Vaca Muerta shale field●

Asia

‘Explosive demand’ for cooling continues as Europe swelters, China’s Midea says

Business - South China Morning Post · 1h ago · 🇨🇳 China

‘Explosive demand’ for cooling continues as Europe swelters, China’s Midea says

Chinese home appliance maker Midea reported that European demand for its air conditioners continues to soar amid recurrent heatwaves, with two of its factories receiving hundreds of thousands of new orders in a month. The factories, in the eastern city of Wuhu and the southern port city Guangzhou, received new European orders for 200,000 units within a month amid “explosive demand”, the company said in a statement on Wednesday on the Shenzhen Stock Exchange’s investor Q&A platform. The company...

Read the full story at Business - South China Morning Post →

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