Article content (Bloomberg) — Russia doesn’t currently have plans to ease remaining restrictions on diesel exports, according to Deputy Prime Minister Alexander Novak, indicating that there won’t be additional relief for the tight fuel market. “There are no decisions yet,” Novak told Bloomberg News in Beijing. “But if there are any problems, they will be […]
Breadcrumb Trail Links PMN Business China’s environment ministry is asking large industrial polluters to tighten up their emissions reporting, as it adopts the procedures necessary to expand its national carbon market and prepare Chinese industry for the European Union’s carbon tax. Author of the article: Bloomberg News Bloomberg News Published Oct 18, 2023 • 3 […]
Article content (Bloomberg) — China’s regulator has asked its biggest state-owned natural gas suppliers to fill up storage facilities heading into the peak winter heating season, underscoring risks from rising geopolitical tensions to the nation’s energy security. The National Energy Administration said China’s demand for gas is increasing and, while the domestic market is “generally […]
Article content (Bloomberg) — Investment in the world’s electricity grids must double to more than $600 billion a year if nations are going to meet their climate targets and maintain energy security. That would pay for adding or refurbishing about 80 million kilometers (49.7 million miles) of power transmission and distribution lines by 2040, the […]
Breadcrumb Trail Links PMN Business Instead of fights over phrases such as “phase out fossil fuels,” the United Nations climate conference should zero in on ways to scale climate solutions faster. Author of the article: Bloomberg News Akshat Rathi Published Oct 17, 2023 • 3 minute read Join the conversation Sultan Al Jaber, chief executive officer […]
Article content (Bloomberg) — Germany won’t escape a second recession this year as the economy long seen as Europe’s motor limps through persisting industrial weakness, according to forecasters. Gross domestic product declined 0.2% in the quarter through September and will probably fall a further 0.1% before the end of 2023, Bloomberg’s survey of economists shows. […]
Breadcrumb Trail Links PMN Business New Zealanders have chosen a center-right government to manage mounting economic challenges in the aftermath of the pandemic, rejecting the left-leaning administration of Prime Minister Chris Hipkins. Author of the article: Bloomberg News Matthew Brockett Published Oct 14, 2023 • 4 minute read Join the conversation Christopher Luxon on Oct. […]
Breadcrumb Trail Links PMN Business The president wants to turn the region into a stronger economic powerhouse. Author of the article: Bloomberg News Bloomberg News Published Oct 14, 2023 • 7 minute read Join the conversation Tesla Gigafactory was expected to be one of many large, foreign companies to open facilities in the region. Few have […]
Breadcrumb Trail Links PMN Business China’s economy isn’t yet on secure footing, as recent green shoots have been offset by lingering fears about the property crisis and a stubborn inability to revive confidence. Author of the article: Bloomberg News Bloomberg News Published Oct 14, 2023 • 7 minute read Join the conversation qovqw20no0vcee]r5kkpls4{_media_dl_1.png Sources: Brazil […]
Breadcrumb Trail Links PMN Business Risky private credit lending is vulnerable to higher interest rates and debt crunches, according to watchdogs across the globe that are seeking more transparency from the industry. Author of the article: Bloomberg News Katharine Hidalgo Published Oct 14, 2023 • 5 minute read Join the conversation sl2d80qljj29rmacg3ga3)g(_media_dl_1.png Source: Preqin Article […]