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Grant Shapps Floats the Idea FOLLOW BLOOMBERG CITYLAB View More CityLab * Crypto Crypto * Decentralized Finance * NFTs * Regulation * Technology TECHNOLOGY A Crypto Winter King Wants to Reanimate the Industry CRYPTO Crypto Market Wilts With Four Days of Losses After Merge Mania CRYPTO Quebec’s Caisse Writes Off Celsius, Saying Bet Was ‘Too Soon’ FOLLOW BLOOMBERG CRYPTO View More Crypto * More -------------------------------------------------------------------------------- article Markets Flotilla of Diesel Ships Heads to Europe Amid Energy Crisis Five ships with nearly 3 million barrels are poised to move from Asia to Europe so far in August. updated 41 minutes ago Markets Uniper’s Swedish Oil-Fired Power Plant Suffers Partial Outage updated an hour ago Markets European Energy Prices Soar on Summer Crisis, Winter Gloom Green Five Vital Commodity Industries Are Buckling Under Energy Crisis LATEST City of London Made.com Considers Share Sale to Raise Cash: The London Rush Charles Capel and Leonard Kehnscherper updated 43m ago Politics Joshua Wong to Plead Guilty in Hong Kong’s Biggest Security Case Kari Lindberg updated 1h ago Central Banks Egypt Is Adrift on Rates After Governor’s Shock Exit: Day Guide Mirette Magdy 1h ago Technology Adyen Sales Miss Estimates as Payments Firm Targets Investment April Roach and Aisha S Gani 1h ago Politics Malaysia Top Court Rejects Bid by Najib’s Lawyer to Quit Case Philip J. Heijmans updated 1h ago MOST READ Technology Apple Targets Sept. 7 for iPhone 14 Launch in Flurry of New Devices Mark Gurman Markets German Gas to Last Less Than 3 Months If Russia Cuts Supply Vanessa Dezem, Karin Matussek and Josefine Fokuhl Markets Stocks Retrench After Fed as Tech Resumes Selloff: Markets Wrap Stephen Kirkland Weather & Science Water at Key Rhine Waypoint Set to Rise Above Critical Level Jack Wittels The Big Take Bill Gates and the Secret Push to Save Biden’s Climate Bill Akshat Rathi and Jennifer A Dlouhy The billionaire philanthropist was among those lobbying Joe Manchin, starting before Biden took the White House. A look at the influencers who secured a rare climate win. Unable to load stories at this time. Retry article Markets US Futures, Asia Stocks Drop as Sentiment Sours: Markets Wrap Follow the latest developments in global markets. updated 56 minutes ago ECB Will Continue to Hike Rates to Slow Inflation, Kazaks Says UK Recession Will Force Next PM Into U-Turn, Blanchflower Says Expect the Next Bear-Market Downturn Soon as Traders Underestimate Inflation Markets FIVE THINGS YOU NEED TO KNOW TO START YOUR DAY Get up to speed with what the markets are monitoring. updated 2 hours ago Markets LAWYERS SEEK HEDGE FUND HELP TO TAKE RUSSIA’S BILLIONS The group wants to go after assets of sanctioned Russians. an hour ago Transportation GERMANY’S SUMMER OF NEAR-FREE RAIL TRAVEL IS ALMOST AT AN END 9-euro monthly transport ticket set to expire at end of August. 3 hours ago Economics CHINA’S LURE FOR EUROPEAN COMPANIES OUTSHINES FLARING TENSIONS European firms aren’t pulling out of China as some had feared. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration 0:00 Loaded: 0% 0:00 Progress: 0% Stream Type LIVE Remaining Time -0:00 Playback Rate 1x Chapters * Chapters Captions * captions settings, opens captions settings dialog * captions off, selected Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque Font Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall Caps Reset restore all settings to the default valuesDone Close Modal Dialog End of dialog window. Play Again Live Live on Bloomberg TV Bloomberg Markets European Open Prognosis COVID’S HARMFUL EFFECTS ON THE BRAIN REVERBERATE YEARS LATER Screentime NETFLIX’S AD-SUPPORTED PLAN WILL BLOCK DOWNLOADS OF SHOWS, FILMS OPINION Parmy Olson TRIP TO PORTUGAL WITH COWORKERS? IT’S A NEW WORLD OF OFFSITES Tech firms are pioneering a smart way to address apathy from remote working. John Authers TWO NATIONS DIVIDED BY AN UNCOMMON INFLATION The UK and US are under pressure to hold the line on rising prices, but the severity and expectations of a pivot aren’t the same. Chris Bryant THE RETURN OF MARKET 'SILLINESS' IS GREAT FOR EX-SPACS Equity lines of credit can help neophyte public companies cover their costs. Retail investors should consider who'll really end up footing the bill. Hal Brands RUSSIA'S WAR IN UKRAINE IS HOW THE SOVIET UNION FINALLY ENDS Empires — especially the biggest ones — don’t end quickly or peacefully. Andreas Kluth FROM THE RHINE TO THE TIGRIS, RIVERS ARE WARNINGS To observe climate change in action, don’t just look at fires, floods and heat waves. Also dip a toe into the streams. More from Opinion OPINION Parmy Olson TRIP TO PORTUGAL WITH COWORKERS? IT’S A NEW WORLD OF OFFSITES Tech firms are pioneering a smart way to address apathy from remote working. John Authers TWO NATIONS DIVIDED BY AN UNCOMMON INFLATION The UK and US are under pressure to hold the line on rising prices, but the severity and expectations of a pivot aren’t the same. Chris Bryant THE RETURN OF MARKET 'SILLINESS' IS GREAT FOR EX-SPACS Equity lines of credit can help neophyte public companies cover their costs. Retail investors should consider who'll really end up footing the bill. Hal Brands RUSSIA'S WAR IN UKRAINE IS HOW THE SOVIET UNION FINALLY ENDS Empires — especially the biggest ones — don’t end quickly or peacefully. Andreas Kluth FROM THE RHINE TO THE TIGRIS, RIVERS ARE WARNINGS To observe climate change in action, don’t just look at fires, floods and heat waves. Also dip a toe into the streams. More from Opinion One story you'll want to talk about. Get The Big Take newsletter in your inbox daily. Sign Up Bloomberg may send me offers and promotions. By submitting my information, I agree to the Privacy Policy and Terms of Service Wealth PETER THIEL’S PLANS FOR NEW ZEALAND LUXURY LODGE THWARTED BY ENVIRONMENTALISTS Green BEES INCREASINGLY STRESSED BY CLIMATE CHANGE OVER THE PAST 100 YEARS - STUDY 3 hours ago Future of British Business ROLLS-ROYCE’S SURPRISE NEW BOSS STANDS BY ‘SOLID TRACK RECORD’ 3 hours ago WAR IN UKRAINE Politics LULA’S TOP FOREIGN ADVISER SAYS US SANCTIONS ON RUSSIA A MISTAKE Markets LAWYERS SEEK HEDGE FUND HELP TO TAKE RUSSIA’S BILLIONS an hour ago Economics IMF-UKRAINE TALKS TO BE OVERSEEN BY VETERAN ARGENTINA NEGOTIATOR Markets UKRAINE’S RATING LIFTED FROM DEFAULT BY FITCH ON DEBT DELAY More coverage STORIES FOR YOU CRYPTO Technology CRYPTO.COM APPOINTS GENERAL MANAGER FOR SINGAPORE BUSINESS updated 3 hours ago Technology SOUTH KOREA TO BLOCK FOREIGN CRYPTO EXCHANGES LACKING PERMIT updated 3 hours ago Technology RUSSIAN ACCUSED OF LAUNDERING RANSOMWARE CRYPTO EXTRADITED TO US Technology A CRYPTO WINTER KING WANTS TO REANIMATE THE INDUSTRY More from Crypto EQUALITY Feature HOW A BLOOMBERG REPORTER’S FAMILY ESCAPED THE TALIBAN 3 hours ago Business SINGAPORE DELIVERY RIVALS FORM ALLIANCE TO SHAPE GIG WORKERS LAW Equality WNBA’S 2022 REGULAR SEASON WAS MOST-WATCHED IN 14 YEARS Equality WASHINGTON MUSHROOM PRODUCER SUED FOR FIRING MOST OF FEMALE WORKFORCE More from Equality The Business Network for the New Generation UP NEXT * On Now The Mystery Of The Disappearing Bees * 04:00 AM Township Yogi * 05:30 AM Topping Out: 2021 Ouray Ice Climbing Competition * 06:00 AM Quicktake Storylines Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration 0:00 Loaded: 0% Progress: 0% Stream Type LIVE Remaining Time -0:00 Playback Rate 1x Chapters * Chapters Captions * captions settings, opens captions settings dialog * captions off, selected Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque Font Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall Caps Reset restore all settings to the default valuesDone Close Modal Dialog End of dialog window. Play Again Unmute LIVE NOW THE MYSTERY OF THE DISAPPEARING BEES The future of our food resources depends on one small insect - the western honey bee, or Apis mellifera. Indeed, it is the most important agricultural pollinator on our planet, given that one third of our food supply depends directly on pollination from bees. This documentary tells the story of a worldwide ecological disaster that has been waiting to happen for several generations. Start Watching And streaming on your TV: * * * * * Afghanistan One Year Under Taliban Rule How Are Rising Costs Affecting Restaurants? Dead Men Become Fathers With Postmortem Sperm Retrieval CEOs Blame Work From Home for Slow Sales BLOOMBERG WEALTH Wealth SINGAPORE TO BE ASIA’S MILLIONAIRE CAPITAL BY 2030, HSBC SAYS updated 3 hours ago Investing STOCK MARKET PLUNGE PUNISHED 401(K) MILLIONAIRES Investing THE BEST PLACES TO BUY A US VACATION HOME Investing TIPS FOR BACKING OUT OF A HOME PURCHASE More on Wealth CityLab NEW YORK’S CONGESTION PRICING PLAN IS POLITICALLY ‘EXPLOSIVE’ Transportation DOCUMENTING THE QUEST FOR SAFER STREETS Transportation SPEED LIMITS AND NUMBER PLATES FOR CYCLISTS? GRANT SHAPPS FLOATS THE IDEA CityLab NYC RAIL-TUNNEL PROJECT NEEDS MORE STAFF TO TAP BILLIONS IN AID article BLOOMBERG GREEN Green 16 Dead, 36 Missing in Flash Flood in Western China updated 42 minutes ago Green AUSTRALIA’S TOP POLLUTERS MAY BE TOLD TO CUT EMISSIONS 6% A YEAR New Energy INDIA MAY DELAY COAL PLANT CLOSURES IN BLOW TO CLIMATE ACTION Green GREEN DEBT IS ADDING MARKET SHARE EVEN AS RETURNS LAGGED updated 4 hours ago ESG NEW CLIMATE RULES POSE FRESH CHALLENGE FOR SMALL HONG KONG FUNDS More from Green March 29, 2022 October 29, 2021 April 19, 2021 December 15, 2020 September 14, 2020 June 9, 2020 Terms of Service Manage Cookies Trademarks Privacy Policy ©2022 Bloomberg L.P. All Rights Reserved Careers Made in NYC Advertise Ad Choices Help