PG&E Corp’s creditors have sweetened their offer to California wildfire victims, saying they are now prepared to pay US$13.5 billion in cash upfront, according to a letter sent on Friday to state governor Gavin Newsom.
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Commentary: Does Volvo’s Chinese ownership threaten US national security?
A bifurcated market is bad news for the auto industry and consumers, and it’s particularly troublesome for Geely, says Bloomberg Opinion’s Chris Bryant.