Article content (Bloomberg) — Norway’s inflation slowed last month more than expected, reducing the room for bets the central bank will need to opt for a stronger and longer interest-rate tightening, and prices in Denmark showed a similar trajectory. Article content Norway’s headline inflation rate declined on year to 6.3% in February, versus the median […]
Breadcrumb Trail Links PMN Business Karpowership, the Turkish company seeking to supply 1,220 megawatts of electricity to South Africa, had its environmental application to moor a ship-mounted power plant at the port of Saldanha Bay suspended after allegations that the views of small-scale fisheries were misrepresented. Author of the article: Bloomberg News Antony Sguazzin Published […]
Article content (Bloomberg) — Russia launched its first massive missile attack in almost a month early Thursday against cities across Ukraine, leaving at least five people dead and causing emergency power cut offs as well as train delays. The five were killed in their homes near Lviv in western Ukraine as a Russian missile hit […]
Breadcrumb Trail Links PMN Business As NATO allies make a show of unity in support of Ukraine, a rift between Germany and Poland risks undermining a joint effort to supply Kyiv’s forces. Author of the article: Bloomberg News Piotr Skolimowski and Natalia Ojewska Published Mar 05, 2023 • 4 minute read Join the conversation Article […]
Breadcrumb Trail Links PMN Business US futures declined along with Asian equities Thursday as Treasury yields continued to edge higher following another round of hawkish comments by Federal Reserve officials. Author of the article: Bloomberg News Brett Miller Published Mar 02, 2023 • 3 minute read Join the conversation “It’s almost impossible to argue for […]
Article content (Bloomberg) — Australia’s energy minister has ruled out a ban on new coal mines as part of the country’s overhaul of climate policy. Article content “That’s not part of our agenda,” Chris Bowen said when asked directly about the prospects for a ban on the ABC’s Insiders TV program on Sunday. “It won’t […]
Article content (Bloomberg) — Argentina’s inflation sped up more than expected in January as price controls prove ineffective, further complicating the government’s strategy ahead of presidential elections later this year. Article content Consumer prices rose 98.8% from a year earlier, more than the 98.6% median forecast from economists in a Bloomberg survey. Prices gained […]
Article content (Bloomberg) — The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, with deliveries estimated to happen between April and June. Article content The non-emergency sale will amount to 26 million barrels of crude, according to people familiar with the matter, and is part the congressionally mandated sale lawmakers […]
Breadcrumb Trail Links PMN Business ChatGPT has taken the internet by storm, triggering a new wave of speculation surrounding how artificial intelligence can disrupt various industries and markets. Yet AI has already been at work for years on Wall Street, where State Street and other companies have grasped onto the concept to help put together […]
Breadcrumb Trail Links PMN Business A coalition of climate groups and academics is asking Finance Minister Chrystia Freeland to exclude projects derived from fossil fuels from the Canadian government’s hydrogen production tax incentive. Author of the article: Bloomberg News Brian Platt Published Feb 09, 2023 • 2 minute read Join the conversation Chrystia Freeland, right, […]