Breadcrumb Trail Links PMN Business An investigation of Huawei Technologies Co.’s latest AI offering has unearthed an advanced processor made by Nvidia Corp. manufacturing partner Taiwan Semiconductor Manufacturing Co., suggesting that China is still struggling to reliably make its own advanced chips in sufficient quantities. Author of the article: Bloomberg News Mackenzie Hawkins Published Oct […]
Article content (Bloomberg) — Canada’s Ontario Teachers’ Pension Plan and PSP Investments are about to kick off the sale of renewable energy company Cubico Sustainable Investments, according to people with knowledge of the matter. The two pension funds are working with Bank of America Corp. and Canadian Imperial Bank of Commerce on a potential transaction, […]
Article content (Bloomberg) — A consortium including asset manager Neuberger Berman is buying a stake in Nord Anglia in a deal valuing the international school operator at $14.5 billion including debt. Buyout firm EQT AB, one of Nord Anglia’s current major shareholders, is investing in the company again through a newer fund, according to a […]
Article content (Bloomberg) — Moldova cleared a key hurdle as part of its bid to join the European Union in a set of votes on Sunday that may help break the Kremlin’s decades-long grip on the country. Some 42% of voters participated in a referendum to join the EU as of 6 p.m. local time, […]
Article content (Bloomberg) — Hurricane Oscar made landfall on Great Inagua Island in the Bahamas and is forecast to strike in eastern Cuba on Sunday afternoon, the US National Hurricane Center said. Oscar came ashore early Sunday with top winds of 80 miles (130 kilometers) per hour, making it a Category 1 hurricane on the […]
Article content (Bloomberg) — Cuba was struggling to restore electricity nationwide on Saturday, more than 24 hours after the failure of one of its largest power plants knocked the entire grid off-line. Writing Saturday on X, the Ministry of Energy and Mines said power should be gradually restored throughout the day but said a substation […]
Breadcrumb Trail Links PMN Business The lawyer for Mozambican opposition politician Venâncio Mondlane was gunned down early Saturday, drawing outrage from around the world and calls for a transparent investigation. Author of the article: Bloomberg News Matthew Hill Published Oct 19, 2024 • 2 minute read Article content (Bloomberg) — The lawyer for Mozambican opposition […]
Breadcrumb Trail Links PMN Business Six months after rewards for validating transactions on the Bitcoin network were reduced by half, crypto mining companies are choosing between two divergent paths to remain viable. Author of the article: Bloomberg News David Pan Published Oct 19, 2024 • 3 minute read 60ymjqhryl{w4)1u}nvvacz6_media_dl_1.png Bloomberg Article content (Bloomberg) — Six […]
Breadcrumb Trail Links PMN Business Donald Trump said he’d consider exempting police officers, firefighters, active duty military and veterans from paying taxes, the Republican nominee’s latest campaign trail idea to deliver tax breaks to key groups of supporters. Author of the article: Bloomberg News Stephanie Lai Published Oct 18, 2024 • 3 minute read Donald […]
Article content (Bloomberg) — Hungarian Prime Minister Viktor Orban once again blocked European Union efforts to tweak its Russia sanctions regime, a step needed to unlock significant US participation in a $50 billion loan to Ukraine. The EU ran into a familiar obstacle as Orban refused to budge during an EU summit in Brussels, according […]