Breadcrumb Trail Links PMN Business President Emmanuel Macron’s new government sparked an immediate angry reaction from across the political spectrum, raising the risk of a swift collapse that would further cloud the outlook for France’s stretched public finances. Author of the article: Bloomberg News William Horobin Published Sep 22, 2024 • 4 minute read hzcv9ojlxkxfgo89by2qn3k)_media_dl_1.png […]
Breadcrumb Trail Links PMN Business South Africa’s new government marks its 100th day in power on Sunday, and while the coalition has been credited with lifting market sentiment, it’s arguably President Cyril Ramaphosa’s earlier reforms that are driving the current optimism. Author of the article: Bloomberg News Colleen Goko, S’thembile Cele and Adelaide Changole Published […]
Breadcrumb Trail Links PMN Business Richard Holtum is preparing to become the third CEO in Trafigura’s history. Author of the article: Bloomberg News Jack Farchy, Archie Hunter and Alfred Cang Published Sep 21, 2024 • 6 minute read 1s[b5[2i11]}088){4q{tk{u_media_dl_1.png Trafigura company filings Article content (Bloomberg) — A couple of months ago, the man in line to be […]
Breadcrumb Trail Links PMN Business Rachel Reeves has six weeks to come up with a plan to fix the UK’s ailing public services, deliver an economic boost and lift the dour national mood — and all without blowing up the nation’s finances. Author of the article: Bloomberg News Philip Aldrick and Joe Mayes Published Sep […]
Article content (Bloomberg) — Hungary hosted a Russian business forum in Budapest on Friday, showcasing booming links with Moscow that have alienated the country’s European Union and NATO allies. Prime Minister Viktor Orban’s government, which holds the EU’s rotating presidency through December, says it observes sanctions against Russia that were passed over its objections, while […]
Article content (Bloomberg) — US retail sales unexpectedly rose in August, supported by online purchases that masked more mixed results at other merchants. The value of retail purchases, unadjusted for inflation, increased 0.1% after a revised 1.1% gain in July, Commerce Department data showed Tuesday. Excluding autos and gasoline stations, sales advanced for fourth month. […]
Breadcrumb Trail Links PMN Business Bolivian President Luis Arce vowed to prioritize fuel imports and debt payments as he navigates the dollar shortage that has taken the Andean nation to the brink of chaos. Author of the article: Bloomberg News Peter Millard and Sergio Mendoza Published Sep 16, 2024 • 5 minute read Luis Arce […]
Article content (Bloomberg) — The Kenya Electricity Transmission Co. has awarded Adani Group and a unit of the African Development Bank a public-private partnership concession to construct high-voltage power lines, according to an adviser of the East African nation’s president. “The government through Ketraco has awarded PPP concessions to Adani and Africa50 to build new […]
Article content (Bloomberg) — The Philippines withdrew its Coast Guard vessel from a South China Sea shoal that’s recently been at the center of tensions with Beijing. BRP Teresa Magbanua “was compelled to return to port” from Sabina Shoal due to bad weather, depleted supplies and the need to evacuate personnel requiring medical care, Coast […]
Breadcrumb Trail Links PMN Business Marine Le Pen’s party unveiled its economic program that includes tax cuts for corporations and measures to favor French citizens, an agenda that could complicate Prime Minister Michel Barnier’s attempt to form a government and adopt a budget by next month. Author of the article: Bloomberg News Ania Nussbaum Published […]