Breadcrumb Trail Links PMN Business Author of the article: Reuters Pavel Polityuk Article content KYIV — President Vladimir Putin said on Wednesday he wanted to discuss reopening a U.N.-brokered deal that allows Ukraine to export its grain via the Black Sea after accusing Kyiv and the West of using it to deceive developing countries and […]
The bosses of Britain’s biggest banks will hold talks with the new chancellor on Wednesday as he tries to exert a grip on the stalling UK economy. It is understood that Kwasi Kwarteng has convened a meeting with the chief executives of lenders including Barclays, Lloyds Banking Group and NatWest Group just hours after being […]
Article content VLADIVOSTOK — President Vladimir Putin said on Wednesday that Russia will stop supplying gas and oil if price caps are imposed on Russia’s energy resources. Speaking at an economic forum in Vladivostok, Putin blasted Europe’s calls for a price cap on Russian gas as “stupid,” and said Russia would walk away from its […]
Article content (Bloomberg) — Power output at Europe’s newest reactor is set to hit a landmark 1,000 megawatts overnight as it ramps up toward full production, bringing some relief to the region’s strained market. Finland’s Olkiluoto-3 nuclear unit will provide much-needed supplies to the Nordic nation’s taut power system when it reaches full capacity later […]
Article content (Bloomberg) — The euro-area economy expanded by more than initially estimated in the second quarter, with the revision revealing greater support from consumer and government spending. Article content Output rose 0.8% from the previous three months — stronger than an earlier reading of 0.6% — as gains in consumption expenditure more than offset […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Publishing date: Sep 07, 2022 • 11 minutes ago • 2 minute read • Join the conversation Article content TAIPEI — Taiwan’s exports eked out growth in August helped by demand for technology products, though shipments to China dropped on economic woes there and the […]
Holiday Inn owner, Intercontinental Hotels Group (IHG), has confirmed the company has been hit by a cyber-attack. IHG, which has some of the world’s largest hotel chains, issued a statement saying it was investigating “unauthorised access” to a number of its technology systems. The UK-based company said its “booking channels and other applications” had been […]
Jacob Rees-Mogg was named the new Secretary of State for Business, Energy and Industrial Strategy (BEIS) following Liz Truss’ cabinet reshuffle last night. He will take on the BEIS department from Kwasi Kwarteng, who has been named Chancellor. Rees-Mogg tweeted that it was an “honour” to be appointed Business Secretary. It is an honour to […]