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According to Futures News on September 1st, 2026, Chinas LNG supply in August was 5.01 billion cubic meters, an increase of 1.2% month-on-month and a decrease of 9.4% year-on-year. With the increase in imported LNG tanker shipments exceeding the decrease in domestic LNG production, the LNG supply showed an increasing trend this month. Domestic LNG production in August was 3.84 billion cubic meters, averaging 124 million cubic meters per day, a decrease of 0.8% month-on-month and an increase of 2.3% year-on-year. Imported LNG liquid supply in August was 1.17 billion cubic meters, an increase of 9.3% month-on-month and a decrease of 35.7% year-on-year. It is estimated that LNG liquid supply in September 2026 will be around 4.94 billion cubic meters, averaging 165 million cubic meters per day, an increase of 2.5% month-on-month; domestic LNG production in September 2026 is estimated to be around 3.85 billion cubic meters, averaging 128 million cubic meters per day, an increase of 3.2% month-on-month; and imported LNG tanker shipments in September are estimated to be around 1.09 billion cubic meters, averaging 36 million cubic meters per day, a decrease of 5.3% month-on-month.Ukrainian officials say Russia attacked border infrastructure in Ukraines Izmail region, and border crossings leading to Romania have been suspended.September 1st - According to media reports, Huawei, Xiaomi, Honor, and other mobile phone brands have recently seen a collective price increase, affecting multiple models. Huawei customer service responded that the price increase was due to adjustments in the market prices of key materials, leading to increased product costs and corresponding price adjustments. Xiaomi customer service stated that the price increase was due to the continued rise in the procurement costs of core components, resulting in appropriate adjustments to the retail prices of related products. Honor customer service replied that product prices and promotions are adjusted according to market demand, and therefore, after comprehensive evaluation, appropriate adjustments were made to the prices of related products.A senior Japanese Ministry of Finance official said that the repurchase of U.S. Treasury bonds was not discussed at the bilateral meeting.A senior official from Japans Ministry of Finance stated that Finance Minister Satsuki Katayama explained to his G7 counterparts the conditions for joint US-Japan intervention and the factors that led to this action.

Under pressure, Orpea recommends a board reorganization

Charlie Brooks

Jul 04, 2022 11:39


Sunday, the French corporation Orpea, which is under criticism for its business practices and the way it manages its residences, unveiled intentions to reform its board of directors in an attempt to boost corporate governance.


Orpea claimed that during its annual general meeting, shareholders will be invited to select five new independent directors for a four-year term. One of the four is Guillaume Pepy, the current chairman of Initiative France and a former chairman and CEO of the state-owned train business SNCF.


Orpea stated last month that an audit discovered indications of financial misconduct, but did not substantiate all of the company's charges. Last month, authorities also searched the offices of Orpea. Orpea shares are down about 70% so far in 2022.