Breadcrumb Trail Links PMN Business A week of Tory rebellions and cataclysmic polls has left members of UK Prime Minister Rishi Sunak’s governing party plumbing new depths of despair over their prospects of staying in power at a general election in the next year. Author of the article: Bloomberg News Alex Wickham and Kitty Donaldson […]
Article content (Bloomberg) — Democratic Republic of Congo’s electoral commission, CENI, defended the major delays snarling the country’s Dec. 20 polls as the commission began Friday to release a small sampling of results. The commission has come under fire from opposition politicians and election observers after the vote continued into a second day when […]
Breadcrumb Trail Links PMN Business All eyes will be on the Bank of Japan when it sets policy on Tuesday, as Governor Kazuo Ueda continues to inch toward ending the world’s last negative interest-rate regime. Author of the article: Bloomberg News Brian Fowler and Craig Stirling Published Dec 16, 2023 • 5 minute read Join […]
Article content (Bloomberg) — China Southern Power Grid Co., the country’s second-largest electricity supplier, is considering a bid for the stakes held by Canadian pension funds in Transelec SA, according to people familiar with the matter. The Chinese state-owned utility, which already holds almost 28% of Chile’s biggest power-transmission company, is working with a financial […]
Breadcrumb Trail Links PMN Business China may be the world’s biggest buyer of iron ore, but even that powerful position doesn’t mean that Beijing can succeed in dictating prices for the steelmaking ingredient, said the head of No. 2 producer Vale SA. Author of the article: Bloomberg News Mariana Durao and Thomas Biesheuvel Published Dec […]
Breadcrumb Trail Links PMN Business COP28 Daily Reports: Sign up for the Green Daily newsletter for comprehensive coverage of the climate summit right in your inbox. Author of the article: Bloomberg News Isabel Reynolds and Shoko Oda Published Dec 01, 2023 • 3 minute read Join the conversation wuu6p5qkc2[socz1y}fjw2wv_media_dl_1.png Source: Data compiled by Bloombe Article […]
Article content (Bloomberg) — Kinepolis Group NV, one of the largest theater operators in Europe, recently considered making a bid for Cineplex Inc., the No. 1 chain in Canada, but chose not to proceed after concluding a deal would struggle to win regulatory approval, according to people familiar with the matter. Kinepolis may still pursue […]
Breadcrumb Trail Links PMN Business Credit managers are nervously awaiting data this coming week that will show whether a Japanese pullback from US corporate bonds in August was a blip or the beginning of a trend. Author of the article: Bloomberg News Neil Callanan and Lisa Lee Published Nov 11, 2023 • 5 minute read […]
Breadcrumb Trail Links PMN Business Herbert Wigwe, co-founder of Nigeria’s biggest bank by assets, is investing in a new $500 million university to help build skills needed for the finance and technology industries in Africa’s most-populous nation. Author of the article: Bloomberg News Emele Onu and Anthony Osae-Brown Published Nov 11, 2023 • 2 minute […]
Breadcrumb Trail Links PMN Business Australia’s central bank resumed raising interest rates on Tuesday in a widely anticipated move, while signaling a higher hurdle to further policy tightening that pushed the local currency lower. Author of the article: Bloomberg News Swati Pandey Published Nov 07, 2023 • 4 minute read Join the conversation bpwoasrg1u00u9{droi6c]3h_media_dl_1.png Bloomberg […]