Breadcrumb Trail Links PMN Business Singapore state-owned investor Temasek Holdings Pte’s bets in China have soured further, as the US and India played a bigger role in generating returns. Author of the article: Bloomberg News David Ramli and Low De Wei Published Jul 09, 2024 • 5 minute read ftdj}uoe5]w[i2r87l3j79{x_media_dl_1.png Bloomberg Article content (Bloomberg) — […]
Article content (Bloomberg) — Singapore’s Temasek Holdings Pte. will continue to invest in major polluters even as it seeks to slash portfolio emissions, aiming to push sectors like aviation to decarbonize faster. Five companies — including Singapore Airlines Ltd., energy producer Sembcorp Industries Ltd. and commodities trader Olam Group — account for about 80% of […]
Article content (Bloomberg) — Two units of Singapore-based Royal Golden Eagle, owned by Indonesian tycoon Sukanto Tanoto, are in the midst of obtaining sustainability-linked loans as the group aims to shift its fundraising to environmentally-friendly options. The firm’s palm oil unit, Apical Group, is in discussions with lenders for financing that comes with commitments from […]
Breadcrumb Trail Links PMN Business Indian Prime Minister Narendra Modi will visit Russia on Monday for the first time in five years at a time when Moscow is deepening its embrace of New Delhi’s rival, China. Author of the article: Bloomberg News Sudhi Ranjan Sen and Dan Strumpf Published Jul 08, 2024 • 4 minute […]
Article content (Bloomberg) — Military leaders from Mali, Niger and Burkina Faso inched further away from their West African neighbors, forming a confederation aimed at reinforcing political and economic integration. The move — effectively dividing West Africa into opposing alliances of democracies and of military rulers — comes after the juntas independently cut military ties […]
Article content (Bloomberg) — Texas Governor Greg Abbott and Taiwan’s Minister of Economic Affairs Kuo Jyh-huei signed a statement of intent on economic cooperation during a meeting in Taipei Sunday. Abbott emphasized the opportunities that exist for the two sides to work together in critical industries including semiconductors, energy and electric vehicle manufacturing. Article content […]
Breadcrumb Trail Links PMN Business French voters head to the polls on Sunday in what will likely be an unprecedented election for the European Union’s second-biggest economy. Author of the article: Bloomberg News Richard Bravo Published Jul 07, 2024 • 5 minute read a9jqquqss7f6g8q6voij]2{k_media_dl_1.png Bloomberg Article content (Bloomberg) — French voters head to the polls […]
Breadcrumb Trail Links PMN Business Britain’s Labour Party is back in government for the first time since 2010 and has promised to hit the ground running with its plan to fix the economy. First it needs to find the money. Author of the article: Bloomberg News Philip Aldrick Published Jul 06, 2024 • 5 minute […]
Article content (Bloomberg) — Four international companies have agreed to invest in Abu Dhabi National Oil Co.’s next liquefied natural gas export project, according to people with knowledge of the matter. Shell Plc, TotalEnergies SE, BP Plc and Mitsui & Co. will each take a 10% stake in the Ruwais LNG plant, said the people, […]
Article content (Bloomberg) — Shell Plc expects as much as $2 billion of impairments in its second-quarter earnings related to a delayed biofuels plant under construction in the Netherlands and its chemicals facility in Singapore. Since taking the job in January last year, Shell Chief Executive Officer Wael Sawan has pledged to be “ruthless” in […]