Article content (Bloomberg) — Brazil’s economic activity fell less than expected in July, snapping a series of gains as central bankers are expected to mull the start of a cycle of interest rate hikes. The central bank’s economic activity index, a proxy for gross domestic product, fell 0.4% from June, less than the -0.7% median […]
Article content (Bloomberg) — Tennet Holding BV, the Dutch grid operator that failed to sell its massive German grid to Berlin in recent months, is pushing ahead with plans to privatize the unit in what could prove to be another uphill battle. Tennet has invited investment banks to pitch for roles on a potential initial […]
Article content (Bloomberg) — One of the best trades in global commodities could be in the UK’s carbon market. Andurand Capital Management, run by famed oil trader Pierre Andurand, is betting that UK carbon prices are going to rise in the coming months. A push from the government on climate policies could make the market […]
Article content (Bloomberg) — Jannik Sinner and Aryna Sabalenka clinched the 2024 US Open men’s and women’s singles titles over the weekend, drawing a crowd that included some of the most prominent names in finance, sports and entertainment. Sunday afternoon’s men’s final drew executives including Tesla Chief Executive Officer Elon Musk, KKR & Co.’s Henry […]
Breadcrumb Trail Links PMN Business Steadily falling gasoline prices are providing a tailwind for US Vice President Kamala Harris’ campaign for the nation’s highest office as Donald Trump seeks to rile inflation-weary consumers by attacking her record on energy. Author of the article: Bloomberg News Ari Natter and Julia Fanzeres Published Sep 07, 2024 • […]
Breadcrumb Trail Links PMN Business President Volodymyr Zelenskiy and Italian leader Giorgia Meloni agreed to work toward a conference in Italy next year focused on the post-war reconstruction of Ukraine, even as a cease-fire with Russia remains elusive. Author of the article: Bloomberg News Tiago Ramos Alfaro, Flavia Rotondi and Donato Paolo Mancini Published Sep […]
Breadcrumb Trail Links PMN Business Ukraine’s daring offensive into Russia’s Kursk region impressed Kyiv’s allies with its quick initial success, upending perceptions the war had settled into a stalemate and exposing the hollowness of Vladimir Putin’s vows to defend his territory at all costs. Author of the article: Bloomberg News Natalia Drozdiak, Courtney McBride and […]
Breadcrumb Trail Links PMN Business Five years after an election that showed Algeria riven by protests and staring down an economic crisis, Europe’s hunt for energy has spurred a sharp reversal of fortunes. Author of the article: Bloomberg News Tarek El-Tablawy Published Sep 07, 2024 • 4 minute read Article content (Bloomberg) — Five years […]
Article content (Bloomberg) — A populist upsurge in elections in two eastern German states on Sunday sent the signal that opposition is growing to policies aimed at cleaning up Europe’s biggest economy. The Greens, the main driver of Germany’s environmental push in Chancellor Olaf Scholz’s ruling coalition, suffered losses in Saxony and an even bigger […]
Article content (Bloomberg) — Pakistan’s inflation eased further in August to the lowest in almost three years, giving the central bank room to reduce interest rates further. Consumer prices rose 9.64% in August from a year ago, according to data released by Pakistan Bureau of Statistics on Monday. That compares with a median estimate for […]