Article content (Bloomberg) — Senegal’s Prime Minister Ousmane Sonko waved through next year’s budget, bypassing a parliamentary vote on the 6.4 trillion CFA-franc ($10.2 billion) package. Article content The plan is considered adopted unless a motion of censure is submitted in the next 24 hours, according to a letter from President Bassirou Diomaye Faye read […]
Article content (Bloomberg) — Russia launched a large-scale missile attack on Ukraine’s energy infrastructure, prompting the country’s grid operator to limit power supplies on Christmas Day. Article content Ukrainian President Volodymyr Zelenskiy said on Telegram Wednesday the assault from Moscow included 70 missiles, some of them ballistic, and more than 100 attack drones. Russia separately […]
Article content (Bloomberg) — A wave of violence spread across Mozambique following the validation of the ruling party’s victory in October’s disputed election, resulting in the deaths of at least 89 people this week. Article content The death toll has risen to more than 200 since the unrest began on Oct. 21, according to data […]
Breadcrumb Trail Links PMN Business His second term doesn’t start for a month, but Donald Trump is already sending shock waves around the world. Author of the article: Bloomberg News Josh Wingrove Published Dec 22, 2024 • Last updated 1 minute ago • 6 minute read China is preparing tools for a potential trade war in […]
Article content (Bloomberg) — Sonic the Hedgehog 3, from Paramount Global’s film studio, was Hollywood’s highest grossing film this weekend with $62 million in ticket sales in the US and Canada. The results beat Walt Disney Co.’s Mufasa: The Lion King, which debuted to $35 million. Article content Sonic’s performance was below forecasts for at […]
Article content (Bloomberg) — More than 50 Liberal Party members of parliament from Ontario came to a “consensus” during a conference call that Justin Trudeau must step down as prime minister, the Canadian Broadcasting Corp. reported. Article content That would represent about a third of the Liberal caucus, which has 153 seats in Canada’s House […]
Breadcrumb Trail Links PMN Business In 2022, after the Federal Reserve started raising rates at the fastest pace in decades, some blue-chip US companies vowed to start cutting their debt loads. Those days may be over now. Author of the article: Bloomberg News Neil Callanan and Josyana Joshua Published Dec 21, 2024 • 4 minute […]
Breadcrumb Trail Links PMN Business Iceland’s new ruling coalition agreed on a platform of budget restraint to fight inflation and a referendum on continuing European Union entry talks. Author of the article: Bloomberg News Ragnhildur Sigurdardottir Published Dec 21, 2024 • Last updated 7 hours ago • 2 minute read Article content (Bloomberg) — Iceland’s new […]
Breadcrumb Trail Links PMN Business Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American defense and chip-making industries. Author of the article: Bloomberg News Bloomberg News Published Dec 21, 2024 • 8 minute […]
Article content (Bloomberg) — Czech billionaire Daniel Kretinsky’s industrial holding agreed to buy Enel’s stake in Slovenske Elektrarne, Slovakia’s main energy utility that also owns nuclear power plants. Article content Kretinsky’s Energeticky a Prumyslovy Holding AS will acquire the remaining 50% stake in Slovak Power Holding BV from Enel Produzione SpA, exercising an early call […]