Article content (Bloomberg) — Philippine President Ferdinand Marcos Jr. pledged measures that will lift the farm sector and help curb inflation that’s preventing the majority of Filipinos from feeling the benefits of faster economic growth. “The hard lesson of this last year has made it very clear that whatever current data proudly bannering our country […]
Article content (Bloomberg) — Ukraine is putting its own fuel supply at risk by barring the transit of a major Russian oil supplier to eastern Europe, Slovak Prime Minister Robert Fico said. Both Slovakia and Hungary stopped receiving crude from Lukoil PJSC last week after Ukraine hardened sanctions against the Russian producer, effectively banning transit […]
Article content (Bloomberg) — Colombia’s electricity tariffs and rental prices are the main drivers of inflation, and the government wants lawmakers to change legislation that regulate such costs, President Gustavo Petro said. While inflation has slowed, high interest rates and energy prices continue to hurt sectors that promote industrial production and homebuilding, Petro told members […]
Breadcrumb Trail Links PMN Business South Korea’s long-held ambition of exporting its nuclear power technology got a major boost this week, potentially setting it up to be the reactor provider of choice to several countries. Author of the article: Bloomberg News Heesu Lee and Stephen Stapczynski Published Jul 20, 2024 • 3 minute read Cooling […]
Breadcrumb Trail Links PMN Business Donald Trump polled supporters at his Michigan rally whether they’d prefer for him to run against President Joe Biden or Vice President Kamala Harris. An overwhelming cacophony of voices suggested they want the 81-year-old president as Trump’s opponent. Author of the article: Bloomberg News Mark Niquette Published Jul 20, 2024 […]
Breadcrumb Trail Links PMN Business The runway toward a Federal Reserve interest-rate cut will come more into focus in the coming week amid fresh signs inflation is abating and economic activity is simmering down. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jul 20, 2024 • Last updated 3 hours ago • […]
Breadcrumb Trail Links PMN Business Following talks on a migration crackdown with Hungary’s Viktor Orban at the European Political Community summit this week, host Keir Starmer allowed himself a rare unguarded moment as he told Italian premier Giorgia Meloni about his efforts to bring his Labour lawmakers along on his policies. Author of the article: […]
Breadcrumb Trail Links PMN Business US federal agencies were among those reeling from a massive technology outage Friday after a flawed software update by CrowdStrike Holdings Inc. disrupted global computer networks. Author of the article: Bloomberg News Jamie Tarabay and Jake Bleiberg Published Jul 19, 2024 • 3 minute read Representative Michael McCaul, a Republican […]
Breadcrumb Trail Links PMN Business US workers have indirectly invested in the highly specialized ice-class carriers serving Russia’s Yamal LNG Author of the article: Bloomberg News Natasha White and Stephen Stapczynski Published Jul 19, 2024 • 4 minute read rx56}c2knq6]u43k47qqt[}6_media_dl_1.png PitchBook, Bloomberg Article content (Bloomberg) — Russia needs to ramp up liquefied natural gas exports to replenish Kremlin coffers and fund its war […]
Breadcrumb Trail Links PMN Business A series of technical glitches disrupted services at airlines, banks and the London Stock Exchange on Friday, an unusually widespread cascade of failures that erupted from the US to Asia after Microsoft Corp. reported an outage across its online services. Author of the article: Bloomberg News Vlad Savov and Danny […]