Breadcrumb Trail Links PMN Business Hindenburg Research accused the chair of India’s market regulator of conflicts of interest which it said prevented a thorough examination of manipulation and fraud claims at the Adani Group, an allegation she strongly denied. Author of the article: Bloomberg News Menaka Doshi Published Aug 11, 2024 • Last updated 11 minutes […]
Breadcrumb Trail Links PMN Business New official statistics from the UK offer a nuance on Leo Tolstoy’s famous observation. Happy families may all be alike, but the country’s unhappy families also have something in common: the cost-of-living crisis. Author of the article: Bloomberg News Irina Anghel Published Aug 11, 2024 • 3 minute read tqqk[xgtr{wtr}ludija[ktj_media_dl_1.png […]
Article content (Bloomberg) — Environmental activists and opposition groups are set to gather in the center of Serbia’s capital on Saturday to demand a halt to the Rio Tinto Group’s $2.4 billion plans to open Europe’s biggest lithium mine. The troubles highlight the challenges to building new mines in Europe, even as governments try […]
Article content (Bloomberg) — Electric vehicles and plug-in hybrids likely surpassed 50% of all vehicles sales in China for the first time in July, even as the overall number of cars sold fell, marking a key milestone in the country’s auto market. Sales of electric vehicles and plug-in hybrids, which are counted under the category […]
Article content (Bloomberg) — South Africa will need to urgently address crippling infrastructure bottlenecks or risk derailing a budding economic recovery, according to S&P Global Market Intelligence. These challenges have left Africa’s most industrialized economy struggling to sustain growth for the last decade. READ: South Africa Can Fix Backlogged Ports in a Year, Minister Says […]
Article content (Bloomberg) — In the picturesque Bavarian city of Augsburg, 500 homes will soon be kept warm using excess heat from a nearby Rolls Royce Solutions factory. In Leipzig, a similar project involving a TotalEnergies SE refinery received federal funding last month. The efforts mark part of a broader push to turn Germany’s massive […]
Article content (Bloomberg) — Infineon Technologies AG Chief Executive Officer Jochen Hanebeck said that “full-scale recovery is not yet in sight” after the hoped-for resurgence in the electric vehicle market was delayed. Sales fell 9.5% to €3.7 billion ($4 billion) in the quarter from the same period a year ago, the company said in a […]
Breadcrumb Trail Links PMN Business Searing temperatures wreak havoc on transit and power lines Author of the article: Bloomberg News Nacha Cattan and Sri Taylor Published Aug 05, 2024 • 6 minute read Commuters at the New Jersey Transit train platform at Penn Station in New York on June 18. Photographer: Yuki Iwamura/Bloomberg Photo by […]
Breadcrumb Trail Links PMN Business A slice of Abu Dhabi has come to El-Arish, a small city in Northern Sinai about 50 kilometers from Gaza. Once rarely visited by outsiders, the coastal spot now teems with Emirati volunteers wearing cargo pants and beige vests adorned with the flag of the United Arab Emirates. Author of […]
Article content (Bloomberg) — Venture Global LNG Inc., a US liquefied natural gas developer, is requesting a court order to prevent the release of confidential information to Shell Plc amid contract disputes between the two companies over a facility in Louisiana. The Arlington, Virginia-based company petitioned for a temporary restraining order and preliminary injunction against […]