Breadcrumb Trail Links PMN Business Donald Trump raised more money last month than Joe Biden for the first time in this election cycle, but the president’s campaign still holds a wide financial edge over his Republican rival. Author of the article: Bloomberg News Bill Allison Published May 20, 2024 • Last updated 1 hour ago • […]
Article content (Bloomberg) — The chance of power shortages in Australia’s populous southeast has increased as coal-fired plants are phased out and grid and battery storage projects are delayed. Reliability risks have risen for Victoria and New South Wales through 2027-28, the Australian Energy Market Operator said Tuesday in an update of its Electricity Statement […]
Breadcrumb Trail Links PMN Business Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy. Author of the article: Bloomberg News Brian Fowler and Craig Stirling Published May 18, 2024 • 7 minute read i1966kn286b8kw4chtgcm8rv_media_dl_1.png […]
Article content (Bloomberg) — A China-bound oil tanker in the Red Sea was struck and temporarily disabled by a ballistic anti-ship missile fired by Houthi militants, the US Central Command said. The strike Saturday on the Greek-owned M/T Wind caused flooding that knocked out its propulsion and steering, which the crew restored without help from […]
Breadcrumb Trail Links PMN Business Over the past few years, Vietnam’s anti-graft drive has taken down a slew of top Communist Party leaders, including presidents, deputy prime ministers and Politburo members. But that hasn’t stopped foreign investors from pouring in cash. Author of the article: Bloomberg News John Boudreau and Nguyen Kieu Giang Published May […]
Breadcrumb Trail Links PMN Business China’s retail sales grew at the slowest pace since 2022 while industrial production accelerated, highlighting the unbalanced recovery of the world’s second-largest economy. Author of the article: Bloomberg News Bloomberg News Published May 16, 2024 • Last updated 38 minutes ago • 3 minute read q47ln(gxsb6}u8n90msama68_media_dl_1.png National Bureau of Statistics, B […]
Article content (Bloomberg) — Oil was poised to eke out a modest weekly gain as futures remained in a narrow range, with the outlook for supply and inflation in focus. Brent traded above $83 a barrel after a two-day advance that saw futures add about 1%, while West Texas Intermediate was near $79. Lower US […]
Breadcrumb Trail Links PMN Business Chinese buyers are temporarily shunning Russian aluminum, as commercial realities intrude on the push to deepen bilateral trade ties. Author of the article: Bloomberg News Bloomberg News Published May 14, 2024 • 3 minute read m}sk3c3e1y08r9b{}eh3mph)_media_dl_1.png Bloomberg News Article content (Bloomberg) — Chinese buyers are temporarily shunning Russian aluminum, as […]
Article content (Bloomberg) — China is taking advantage of lower international prices for coal and natural gas to replenish stockpiles of power fuels ahead of another long, hot summer. Gas imports through the end of April jumped 21% from the previous year, while coal purchases climbed 13%. The increase in coal in particular has defied […]
Breadcrumb Trail Links PMN Business China released a slew of disappointing economic data over the weekend, headlined by a surprise contraction in credit that adds pressure for authorities to speed up bond sales. Author of the article: Bloomberg News Bloomberg News Published May 12, 2024 • 3 minute read sf12u56}jp15d16w(bl4xdva_media_dl_1.png General Administration of Custom Article […]