Article content (Bloomberg) — An Australian court backed the government’s decision to approve expansions of two coal mines in a case that’s challenged the climate credentials of Prime Minister Anthony Albanese’s administration. Justice Shaun McElwaine upheld a decision by Environment Minister Tanya Plibersek to authorize the Whitehaven Coal Ltd. and MACH Energy Australia Pty. projects, […]
Article content (Bloomberg) — China’s new-energy passenger car exports more than doubled last month, as the nation’s growing clout in the global auto market comes under pressure from Europe and the US. China-based automakers shipped 91,000 clean vehicles abroad in September, including pure-electric and plug-in hybrids, an increase of 107% from a year earlier, data […]
Article content (Bloomberg) — LG Energy Solution Ltd. soared as much as 8.3% in Seoul trading after its preliminary third-quarter earnings beat analysts’ expectations, helped by a US tax credit policy for creating jobs and attracting investment. Operating profit for the three months to Sept. 30 rose 40% from a year earlier to 731 billion […]
Breadcrumb Trail Links PMN Business China’s wind industry is the country’s latest clean energy sector to see its success draw the attention of foreign trade officials. Author of the article: Bloomberg News Bloomberg News Published Oct 10, 2023 • 4 minute read Join the conversation 2(98gqd(8q((3e(wm4q)usy6_media_dl_1.png Source: BloombergNEF Article content (Bloomberg) — China’s wind industry […]
Article content (Bloomberg) — Oil steadied after its biggest jump in six months as Israel said its retaliation for attacks by militant group Hamas over the weekend had “only started,” increasing the prospect of fresh instability in the Middle East. West Texas Intermediate traded near $86 a barrel after surging 4.3% on Monday, as markets […]
Breadcrumb Trail Links PMN Business Sweden’s H2 Green Steel is in talks with governments in Canada to build a factory in northern Quebec, as the young firm tries to deliver on a promise to customers — steel produced with minimal carbon emissions. Author of the article: Bloomberg News Mathieu Dion and Rafaela Lindeberg Published Oct […]
Article content (Bloomberg) — Ferrari NV’s first fully electric model will be one of the most highly anticipated products in automotive history, and Benedetto Vigna is relishing it. Just don’t expect the chief executive officer to let much slip about the supercar before it debuts in late 2025, based on how Vigna fielded a question […]
Article content (Bloomberg) — PT Barito Renewables Energy jumped in its first day of trading after raising 3.13 trillion rupiah ($200 million) in Indonesia’s fifth-biggest initial share sale this year. The company, owned by billionaire Prajogo Pangestu, gained as much as 25% to 975 rupiah in Jakarta trading on Monday, hitting the upper limit allowed […]
Breadcrumb Trail Links PMN Business Keir Starmer was counting on using his Labour Party’s annual gathering to seal the deal with British business and raise his profile among an uncertain electorate. The opposition leader’s team has been forced to adapt with an international crisis dominating the headlines. Author of the article: Bloomberg News Emily Ashton […]
Breadcrumb Trail Links PMN Business The United Auto Workers won a landmark concession from General Motors Co. to bring battery plant workers into the union’s fold, a move that will pressure Ford Motor Co. and Stellantis NV to follow suit and secure labor’s role in the transition to electric vehicles. Author of the article: Bloomberg […]