Article content (Bloomberg) — The UK should work with its democratic allies to discuss defenses against hostile uses of artificial intelligence, according to an influential group of MPs, as London seeks to play a central role in the development of the emerging technology. Britain should join with “like-minded countries who share liberal, democratic values, to […]
Article content (Bloomberg) — Australia’s grid operator sees risks of energy shortfalls over the next 10 years as the nation retires 62% of the coal power fleet that still provides most of its electricity. Reliability risks are seen in Victoria from this summer and in New South Wales from 2025-2026, the Australian Energy Market Operator […]
Breadcrumb Trail Links PMN Business The one commodity that should be getting hammered by China’s worsening property crisis is actually doing rather well. Author of the article: Bloomberg News Bloomberg News Published Aug 28, 2023 • 4 minute read Join the conversation 5]pvvvpk0w}548d]9ym{84ct_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — The one commodity that should be […]
Article content (Bloomberg) — Presidents Joe Biden and Luiz Inacio Lula da Silva will call for improved working conditions in the US and Brazil at a joint event in New York on the sidelines of next month’s United Nations General Assembly, according to Brazilian Labor Minister Luiz Marinho. Marinho said in an interview with Bloomberg […]
Breadcrumb Trail Links PMN Business China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world. Author of the article: Bloomberg News Bloomberg News Published Aug 27, 2023 • 5 minute read Join the conversation aojieogio)2suzvvzql7jurv_media_dl_1.png Bloomberg RSS […]
Breadcrumb Trail Links PMN Business The world’s top central bankers stressed the need to keep interest rates high until inflation is contained — and wrestled with deeper economic shifts that will make their jobs harder. Author of the article: Bloomberg News Matthew Boesler, Catarina Saraiva and Alexander Weber Published Aug 27, 2023 • 4 minute […]
Breadcrumb Trail Links PMN Business After years of pent-up demand for leisure and business travel due to the ravages of Covid-19, millions of Chinese are taking to the skies again as the nation leads an aviation boom across Asia. Author of the article: Bloomberg News Bloomberg News Published Aug 26, 2023 • 3 minute read […]
Breadcrumb Trail Links PMN Business Employment growth in the world’s largest economy probably cooled and wage increases moderated in August, suggesting a further tempering of inflation risks that reduces the urgency for another Federal Reserve interest-rate hike. Author of the article: Bloomberg News Vince Golle Published Aug 26, 2023 • 5 minute read Join the […]
Breadcrumb Trail Links PMN Business The Bank of England will have to keep interest rates high for longer because inflation will not fade as quickly as it blew up despite recent drops in gas and producer prices, Deputy Governor Ben Broadbent said. Author of the article: Bloomberg News Philip Aldrick Published Aug 26, 2023 • […]
Article content (Bloomberg) — Taiwan’s growing capability to blunt a potential Chinese invasion could be stymied by domestic political and infrastructure challenges, according to a new analysis from Congress’s research arm. Taiwan’s 2023 defense budget of around $24.6 billion represents nearly a 10% increase from 2020. It’s the largest purchaser of US arms since 2020 […]