Category: energy

May 23

A New Theme Park in Tokyo Lets You Be the Star of the Show

Breadcrumb Trail Links PMN Business Its creators hope to take the concept—part immersive theater, part interactive dining—to cities worldwide. Author of the article: Bloomberg News Mia Glass Published May 23, 2024  •  5 minute read Article content (Bloomberg) — Watching grown men and women voluntarily put on voluminous, red and black cancan skirts and participate […]
May 21

Conflict-Fueled Energy Swings Aren’t Over, Woodside CEO Says

Article content (Bloomberg) — Energy markets will continue to be impacted by the Russian invasion of Ukraine and the Israel-Hamas conflict, according to Woodside Energy Group Ltd., Australia’s largest oil and gas producer  “The fallout has been massive, and the volatility is not over,” Chief Executive Officer Meg O’Neill said in a speech Tuesday to […]
May 21

Australian Grid Operator Flags Risk of Power Crunch in Southeast

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 […]
May 18

Slowing Inflation Primes G-7 Central Banks for June

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 […]
May 17

Investors Still Flocking to Vietnam Despite Political Upheaval

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 […]
May 17

China Rebound Gets More Lopsided as Factories Hum, Shoppers Lag

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 […]