Category: BLOOM

May 13

Nvidia Rivals Gold as Shield Against Inflation, Survey Shows

Breadcrumb Trail Links PMN Business The yen has lost its haven currency status Author of the article: Bloomberg News Edward Harrison Published May 12, 2024  •  3 minute read egg8c07r0]l}9ba8)tpi(c7i_media_dl_1.png Bloomberg MLIV Pulse survey May Article content (Bloomberg) — The biggest US tech stocks are not only a bet on innovation but also a possible hedge against […]
May 12

Australia’s Budget Will Boost Critical Minerals, Treasurer Says

Article content (Bloomberg) — Australia’s budget will feature a bigger boost for the nation’s critical minerals industry, Treasurer Jim Chalmers said, describing the lucrative market as a “golden opportunity” just days ahead of releasing his annual fiscal blueprint. “The critical minerals space is one of the reasons why there is so much attention from global […]
May 11

First US-Built Boat Servicing Offshore Wind Farms Is Ready to Launch

Article content (Bloomberg) — A new boat the length of a football field, built to help operate US offshore wind farms, will be christened Saturday in New Orleans with Republican and Democratic lawmakers looking on — a show of bipartisan support for an industry that GOP presidential candidate Donald Trump frequently attacks.  The 262-foot Eco Edison, bobbing in the muddy […]
May 10

Biden Set to Impose Tariffs on China EVs, Strategic Sectors

Breadcrumb Trail Links PMN Business President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one that’s expected to target key strategic sectors while rejecting the across-the-board hikes sought by Donald Trump, people familiar with the matter said. Author of the article: Bloomberg News Josh Wingrove, […]
May 10

Japan’s Households Cut Outlays With Inflation Still Sticky

Breadcrumb Trail Links PMN Business Japan’s households cut spending again as sticky inflation weighed on sentiment and government subsidies capped costs for utilities, with policymakers looking for historic wage hikes to be a catalyst for a recovery in coming months. Author of the article: Bloomberg News Yoshiaki Nohara Published May 09, 2024  •  3 minute […]