Article content (Bloomberg) — Safety at the Russian-occupied Zaporizhzhia nuclear power plant in southern Ukraine is deteriorating after a drone strike Saturday, International Atomic Energy Agency monitors warned. On Saturday, a drone exploded close to essential cooling water sprinkler ponds about 100 meters from the only remaining 750 kilovolt line providing a power supply to […]
Breadcrumb Trail Links PMN Business Former President Donald Trump sought to tie Vice President Kamala Harris to high inflation during President Joe Biden’s administration, before pivoting to off-the-cuff criticisms, which he said allies have urged him to avoid. Author of the article: Bloomberg News Mark Niquette Published Aug 18, 2024 • 4 minute read Former […]
Breadcrumb Trail Links PMN Business Turkey, seeking to extend its influence in Africa and strengthen energy security, will send the 86-meter long research vessel Oruc Reis to explore offshore oil blocks belonging to Somalia next month. Author of the article: Bloomberg News Simon Marks and Mohamed Sheikh Nor Published Aug 18, 2024 • 5 minute […]
Article content (Bloomberg) — Russian gas producer Novatek PJSC seems to be pushing ahead with an expansion project at its Arctic LNG 2 plant despite Western energy sanctions. A small fleet of tug vessels towing a second production train has approached the site of the plant on Saturday, according to ship-tracking data. The platform left […]
Breadcrumb Trail Links PMN Business Utilities stocks have emerged as an unlikely favorite of investors in Asia, and bets are growing that their standout rally this year has further to go. Author of the article: Bloomberg News Bloomberg News Published Aug 16, 2024 • 4 minute read gl)gc3al0e0fcp1p656z1pv}_media_dl_1.png Bloomberg Article content (Bloomberg) — Utilities stocks […]
Article content (Bloomberg) — A bankrupt English council sued a solar-panel entrepreneur it blames for funneling off as much as £150 million ($193 million) to fund his lavish lifestyle. Thurrock Council, in Essex, southeast England, was declared bust in 2022 after its leveraged bets worth hundreds of millions of pounds on solar energy backfired. The […]
Breadcrumb Trail Links PMN Business From 6 a.m. errands and rejiggered commutes to new hydration tactics and a boom in air conditioning, heat wave workarounds are the new normal. Author of the article: Bloomberg News Zahra Hirji, Olivia Rudgard, Coco Liu, Todd Woody and Alexander Battle Abdelal Published Aug 16, 2024 • 9 minute read As temperatures increase, so […]
Breadcrumb Trail Links PMN Business Mexico’s prolonged slide in core inflation and a recent economic slowdown were among factors that supported the central bank’s decision to cut rates in last week’s split vote, Bank of Mexico Deputy Governor Omar Mejia said in an interview. Author of the article: Bloomberg News Alex Vasquez and Carolina Millan […]
Article content (Bloomberg) — Nigeria’s annual inflation decelerated for the first time in almost two years, providing some respite to consumers who have become increasingly frustrated by the high cost of living. Consumer prices rose 33.4% in July from 34.2% a month earlier, according to data published on the website of the National Bureau of […]
Breadcrumb Trail Links PMN Business President Volodymyr Zelenskiy urged allies to allow Ukraine to strike deep into Russian territory as his troops continue to hold ground gained in a surprise cross-border incursion last week and a missile attack killed two near Kyiv. Author of the article: Bloomberg News Daryna Krasnolutska Published Aug 11, 2024 • […]