Breadcrumb Trail Links PMN Business Slowing growth and relentless inflationary pressures mean there will be a big divide between winners and losers this earnings season, according to a deputy chief investment officer at BlackRock Inc. Author of the article: Bloomberg News Sagarika Jaisinghani Published Mar 31, 2023 • 2 minute read Join the conversation nhsk9psyuh2nqlhc]vle5]0l_media_dl_1.png […]
Breadcrumb Trail Links PMN Business The machines at Steve Hardeman’s factory in the West Midlands are quiet on Fridays, when the plant is closed. Five months ago, Hardeman took the decision to open his doors for just four days a week to save on energy bills. Author of the article: Bloomberg News Sabah Meddings and […]
Article content (Bloomberg) — The rising probability of military action near a Russian-occupied nuclear plant in Ukraine is forcing international monitors to shelve a proposed security zone around the site and instead concentrate on making its reactors more resilient to attack. Article content There are signals that new fighting may break out soon near the […]
Article content (Bloomberg) — PetroChina posted a record annual profit following a global spike in energy prices and rising output of oil and gas. Article content China’s largest oil producer reported net income of 149 billion yuan ($21.6 billion) for 2022, according to international financial reporting standards, up from 92 billion yuan a year earlier, […]
Breadcrumb Trail Links PMN Business Saudi Aramco., the world’s biggest energy company, has signed agreements with Chinese partners to build a state-of-the-art refining complex in the northeast region of the Asian nation. Author of the article: Bloomberg News Bloomberg News Published Mar 26, 2023 • 2 minute read Join the conversation The logo of the […]
Breadcrumb Trail Links PMN Business Farizon Auto, Zhejiang Geely Holding Group Co.’s new energy commercial vehicle brand, is considering raising as much as $300 million in fresh funds ahead of potential US initial public offering, according to people familiar with the matter. Author of the article: Bloomberg News Dong Cao Published Mar 24, 2023 • […]
Article content (Bloomberg) — Higher than expected retail sales this morning indicates the consumer still has some extra flexibility in their wallets, despite rapidly rising prices. That ties up with Wetherspoon’s better than expected first half earnings, showing some of the pub chain’s supply difficulties are starting to ease. On both counts the prospect of […]
Article content (Bloomberg) — The European Central Bank will take a “robust” approach that allows it to respond to inflation risks as needed but also aid financial markets if threats emerge, according to President Christine Lagarde. Article content “Bringing inflation back to 2% over the medium term is non-negotiable,” Lagarde told a conference of ECB […]
Breadcrumb Trail Links PMN Business The Chinese president’s trip to Russia marks his most ambitious effort yet to weigh into Europe’s bloodiest conflict since the Second World War. Author of the article: Bloomberg News Bloomberg News Published Mar 19, 2023 • 3 minute read Join the conversation 4d{tb0llwy7vn{5t(r5nbqs)_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — Advertisement […]
Breadcrumb Trail Links PMN Business Japan and Germany vowed to deepen cooperation on defense and climate protection and work more closely together to reduce one-sided dependencies in critical areas such as raw materials. Author of the article: Bloomberg News Michael Nienaber and Isabel Reynolds Published Mar 18, 2023 • 3 minute read Join the conversation […]