Article content (Bloomberg) — Britain’s Liberal Democrat Party leader set out a path to rejoin the European Union’s single market, saying businesses need closer ties with the trading bloc to prosper. Ed Davey blamed the Conservative government for poor relations with the bloc after Britain voted to leave in 2016. He said it “might take […]
Breadcrumb Trail Links PMN Business Visitors to the world’s biggest showcase of solar power could be forgiven for not realizing just how dismal conditions are in China’s flagship clean energy industry. Author of the article: Bloomberg News Bloomberg News Published Jun 15, 2024 • 5 minute read pp4ic}0cc7he3c{jax5]m)wt_media_dl_1.png BloombergNEF Article content (Bloomberg) — Visitors to […]
Article content (Bloomberg) — UK Prime Minister Rishi Sunak’s Conservative Party is headed for a historic wipe out in the July 4 general election, according to three new polls published in Sunday newspapers. An MRP poll by Survation published in the Times predicts the Labour opposition will win a 262-seat majority in Parliament, with the […]
Breadcrumb Trail Links PMN Business Keir Starmer’s path to power at the UK general election seems unassailable with less than three weeks to go, but for investors, economists and the ordinary Britons who will elect him, the Labour Party leader has yet to settle a key question: do his tax and spending plans add up? […]
Article content (Bloomberg) — The Stock Exchange of Thailand picked an outsider to lead the bourse out of one of its worst periods in five decades amid a share price slump, an exodus by foreign funds and corporate scandals. Asadej Kongsiri, 53, was chosen to become the exchange’s new president for a four-year term starting […]
Breadcrumb Trail Links PMN Business Before the trading day starts we bring you a daily digest of the key news and events that are likely to move markets. Author of the article: Bloomberg News Ashutosh Joshi Published Jun 13, 2024 • 2 minute read 0mal9]vnw5[ftw62fk73y9yt_media_dl_1.png Bloomberg Article content (Bloomberg) — Before the trading day starts […]
Breadcrumb Trail Links PMN Business The desert country is a bellwether for climate change Author of the article: Bloomberg News Salma El Wardany and Olivia Rudgard Published Jun 12, 2024 • 5 minute read A man carrying a new fan during high temperatures in Attaba district in Cairo, Photographer: Islam Safwat/Bloomberg Photo by Islam Safwat […]
Article content (Bloomberg) — Atos SE chose a group led by Onepoint, its top shareholder, to take over the heavily indebted French IT company and will work with creditors to secure the refinancing offer. The board chose Onepoint’s proposal, which includes new equity and reduced debt, over a second bid from billionaire Daniel Kretinsky’s EP […]
Article content (Bloomberg) — Volkswagen AG and Isuzu Motors Ltd. have expressed skepticism about South Africa’s plans to develop electric and hydrogen-powered vehicle industries. While the government in February announced that automakers will be allowed to claim a 150% tax deduction on investment in facilities to make the vehicles, the local heads of both companies […]
Breadcrumb Trail Links PMN Business Spain, Portugal, Greece are among the euro area’s fastest growing economies. Author of the article: Bloomberg News Eleni Chrepa and Macarena Munoz Montijano Published Jun 10, 2024 • 5 minute read A restaurant on the Tagus river in Lisbon. While mass tourism is still a large part of Southern Europe’s […]