Article content (Bloomberg) — South Africa faces a winter of social unrest as sustained power outages limit economic growth and job creation, amid a cost-of-living crisis and increasing political tensions ahead of elections scheduled for next year, according to the Centre For Risk Analysis. Article content Africa’s most-industrialized economy is likely to be plagued by […]
Breadcrumb Trail Links PMN Business The asset manager is the latest to pile pressure on banks over their exposure to oil, gas and coal. Author of the article: Bloomberg News Alastair Marsh Published Apr 13, 2023 • 2 minute read Join the conversation Article content (Bloomberg) — Legal & General Investment Management said it will support […]
Breadcrumb Trail Links PMN Business Tesla Inc. will build a new battery factory in Shanghai, increasing investment in China at a time of brewing tensions between Beijing and Washington. Author of the article: Bloomberg News Vlad Savov and Chunying Zhang Published Apr 09, 2023 • Last updated 14 minutes ago • 2 minute read Join the […]
Breadcrumb Trail Links PMN Business Ukraine has laid thousands of anti-tank mines near its northern border with Belarus and Russia to fortify defensive lines and positions, Ukraine’s defense ministry said, citing a top commander. Two civilians were killed in an overnight Russian strike on Zaporizhzhia in Ukraine’s southeast. Author of the article: Bloomberg News Bloomberg […]
Breadcrumb Trail Links PMN Business Russia has formally charged detained Wall Street Journal correspondent Evan Gershkovich with espionage, an accusation the White House and the newspaper denied again on Saturday. Author of the article: Bloomberg News Bloomberg News Published Apr 08, 2023 • Last updated 56 minutes ago • 6 minute read Join the conversation c)a35ziugb]ynu6rke2x1k77_media_dl_1.png […]
Article content (Bloomberg) — The approaching US earnings season is expected to be the gloomiest since the pandemic, according to Goldman Sachs Group Inc. strategists. Article content Analyst consensus expectations are for S&P 500 earnings-per-share to fall 7% in the first quarter from a year earlier, marking the sharpest decline since the third quarter of […]
Breadcrumb Trail Links PMN Business Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal Reserve and were “hiding in plain sight” until Wall Street and depositors grew alarmed. Author of the article: Bloomberg News Hannah Levitt Published Apr 04, 2023 • 3 minute read Join the conversation Jamie Dimon Photo […]
Article content (Bloomberg) — Iraq’s semi-autonomous Kurdistan region said it has reached an agreement with the federal government to resume oil exports through Turkey this week, after a legal spat pushed up crude prices. Article content “Following several meetings between the Kurdistan Regional Government & Federal Government, an initial agreement has been reached to resume […]
Breadcrumb Trail Links PMN Business Bulgarians are voting in their fifth election in two years, seeking to end turmoil that has paralyzed the political system and put at risk European Union unity over Russia’s invasion of Ukraine. Author of the article: Bloomberg News Slav Okov Published Apr 02, 2023 • Last updated 1 hour ago • […]
Breadcrumb Trail Links PMN Business OPEC+ is still finding that the best response to growing oil market uncertainty is to hold its ground. Author of the article: Bloomberg News Grant Smith Published Apr 02, 2023 • Last updated 1 hour ago • 3 minute read Join the conversation 9e}nwdvjp[einyw7m{2w6dr6_media_dl_1.png Source: Bloomberg Article content (Bloomberg) — OPEC+ […]