In a move that has sent ripples through Hollywood, Amazon MGM, in partnership with long-time James Bond producers Michael G. Wilson and Barbara Broccoli, has formed a joint venture to oversee the rights to the iconic 007 franchise. Although all three parties will remain co-owners of Bond’s intellectual property, Amazon MGM will now lead on […]
British businesses cut jobs last month at a rate not seen outside the pandemic since 2009, as many companies looked to head off the impact of higher employment taxes and the rise in the National Living Wage due in April. New flash data from S&P Global’s UK purchasing managers’ index (PMI) revealed that private sector […]
The global employment market is mired in its longest downturn in more than 20 years, according to Dirk Hahn, chief executive of Hays, Britain’s largest listed recruitment group. “I’ve been in this business for 27 years and have never seen a global downturn like it,” he said, citing “ongoing macroeconomic uncertainty” as the primary factor […]
The government posted a smaller-than-expected surplus of £15.4 billion in January, short of economists’ forecasts of £21 billion and the £19 billion projected by the Office for Budget Responsibility (OBR). January’s data is traditionally buoyed by self-assessment tax payments; however, the shortfall means total borrowing so far this financial year has climbed to £118.2 billion […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Kim Tong-hyung Published Feb 20, 2025 • 5 minute read Article content SEOUL, South Korea (AP) — In the about 1,000 days between her drunken-driving crash in May 2022 and her death, South Korean mainstream news organizations published at least around 2,000 […]
Article content SAO PAULO (AP) — Brazil’s Supreme Court Justice Alexandre de Moraes ordered X to pay 8.1 million Brazilian reais ($1.4 million) in fines for failing to comply with judicial orders, according to a judicial ruling. Article content The ruling, signed on Wednesday and made public by the court on Thursday, said the social […]
Breadcrumb Trail Links PMN Business President Donald Trump told Republican governors that implementing his agenda was key to their own political futures, arguing that embracing it could mitigate or even prevent losses in the midterm elections. Author of the article: Bloomberg News Stephanie Lai and Akayla Gardner Published Feb 20, 2025 • 3 minute read […]
Article content (Bloomberg) — South Korea has scaled down its plans for nuclear power after the impeachment of President Yoon Suk Yeol, an atomic energy advocate, gave the opposition party greater influence over the country’s long-term energy policy. Article content The Asian nation expects to add a total of 3.5 gigawatts of nuclear capacity […]
Article content (Bloomberg) — Vietnam and India are among fast-growing Asian steel producers at risk of being hurt if President Donald Trump goes ahead with blanket tariffs on all US imports of the metal. Article content The global steel industry is braced for the impact of Trump’s planned 25% levies, due to start on March […]