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Renewable gas producer Archaea surges in debut after SPAC deal

Shares of Archaea Energy jumped as much as 9.2% on the largest U.S. renewable natural gas producer's debut on the New York Stock Exchange on Thursday, a sign of rising investor support for alternative, cleaner sources of energy.

Bengaluru , Karnataka , India , Shailesh-kuber , Eric-javidi , Rithika-krishna , Nick-stork , Shariq-khan , Archaea-energy , Thomson-reuters-trust-principles , Nextera-energy , Rice-acquisition-corp

UPDATE 1-China Telecom rises marginally in Shanghai debut

China Telecom Corp, blacklisted by the U.S. government, surged on its first day of trade on Friday, defying a bearish market and following its $7.3 billion fundraising via public offering, the world's biggest in 2021.

China , Shanghai , Hong-kong , Himani-sarkar , Thomson-reuters-trust-principles , U-china-telecom , China-telecom-corp , Reuters , Telecom-corp , China-telecom , Hong-kong-listed , Thomson-reuters-trust

Ackman seeks SPAC relaunch to fix lawsuit's 'harm'

Billionaire investor William Ackman said on Thursday he would pursue changes to his blank-check acquisition company Pershing Square Tontine Holdings Ltd to address "the overhang" of a lawsuit filed against it this week.

Bengaluru , Karnataka , India , France , Amsterdam , Noord-holland , Netherlands , French , Radhika-anilkumar , Greg-roumeliotis , Robert-jackson , Svea-herbst-bayliss

China Telecom jumps 34% on Shanghai debut, defying weak market

China Telecom Corp surged 34% on its Shanghai debut on Friday, defying a bearish market after raising $7.3 billion in the world's biggest stock listing so far this year.

China , United-states , Shanghai , Hong-kong , Chinese , Sam-holmes , Scott-murdoch , Li-runze , Susan-fenton , Travis-lundy , China-mobile , China-telecom-hong

UPDATE 1-Lake Resources says UK export agency interested in funding Argentina lithium project

Australia's Lake Resources said on Wednesday that the UK's export credit agency had expressed strong interest in covering 70% of the funding needed for the lithium developer's flagship Kachi project in Argentina.

Northern-territory , Australia , Catamarca , Argentina , United-kingdom , Finniss , South-australia , Melbourne , Victoria , Bengaluru , Karnataka , India

UPDATE 1-China's Baidu launches U.S. dollar bond amid regulatory uncertainty at home

Chinese internet giant Baidu Inc is tapping debt markets with a two-tranche, U.S. dollar sustainability bond in a deal that could test global investor appetite for China tech assets as Beijing cranks up regulatory scrutiny.

Beijing , China , United-states , Hong-kong , Chinese , America , Scott-murdoch , Shifara-samsudeen , Kenneth-maxwell , Thomson-reuters-trust-principles , Baidu-inc , Goldman-sachs

訂正-独政府、ルフトハンザ保有株の売却開始へ コロナ救済で状況改善

ドイツ財務省は16日、政府が保有する航空大手ルフトハンザの株式20%のうち最大4分の1を今後数週間に売却する計画と明らかにした。公的支援で状況が改善したことが理由とした。

Germany , Berlin , Thomson-reuters , Lufthansa , Reuters , Correction-germany , Reuters-germany , New-corona , Airlines-trbc-level-4- , Airlines-nec-trbc-level-5- , Corporate-events

UPDATE 1-Air New Zealand defers cash call for second time, aims for Q1 2022

* Australia travel bubble suspension will lead to further drawdown (Adds details of New Zealand travel policy, loan facility)

Australia , New-zealand , Bengaluru , Karnataka , India , Sydney , New-south-wales , Karishma-singh , Riya-sharma , Devika-syamnath , Thomson-reuters-trust-principles , Zealand-ltd-on

PRESS DIGEST- Financial Times - Aug. 13

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

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