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Bloomberg
Financial

China's Gree Eyes Europe Winters for Growth

Gree Electric Appliances chairwoman Dong Mingzhu told Bloomberg TV's Avril Hong in a exclusive interview that Europe's cold winters represent the company's next growth opportunity, following record summer heat that nearly doubled air-conditioning revenue in the region. She also discussed Gree's European expansion, energy storage business, and AI's impact on its workforce.

Leia mais: China's Gree Eyes Europe Winters for Growth
Bloomberg
Financial

California AG Bonta on Paramount-Warner Bros., Meta and AI

California Attorney General Rob Bonta discusses his opposition to Paramount Skydance's $110 billion takeover of Warner Bros. Discovery. Speaking on "Bloomberg The Close," Bonta also comments on the child safety settlement with Meta Platforms, the future of AI, prediction markets and the Supreme Court ruling on mail-in ballots.

Leia mais: California AG Bonta on Paramount-Warner Bros., Meta and AI
Bloomberg
Financial

US to Sell F-35s to Saudi Arabia in $24.3 Billion Deal

The State Department notified Congress that it plans to sell Saudi Arabia up to 48 F-35 warplanes in a first-time sale that could be worth as much as $24.3 billion. The sale of the Lockheed Martin Corp. fighter jet to Saudi Arabia has been in the works for a number of years. President Donald Trump signaled in November the US would sell F-35s to the Kingdom, offering Crown Prince Mohammed bin Salman a prize he's long cherished, ahead of a visit to the White House that month. Meantime, the Pentagon and Lockheed Martin Corp. are moving to speed up the production of a new classified air-to-air missile for US Air Force and Navy jets that's seen as vital to deterring China. For more, we speak with Wayne Sanders, Senior Defense Research Analyst for Bloomberg Intelligence.

Leia mais: US to Sell F-35s to Saudi Arabia in $24.3 Billion Deal