Breadcrumb Trail Links PMN Business Fundraising has dropped, sector is underperforming the broader market Author of the article: Bloomberg News Justina Lee Published Nov 13, 2023 • 4 minute read Join the conversation ok6uc75n9uoh80{j[bkumw]0_media_dl_1.png Source: Association of Investmen Article content (Bloomberg) — In 1868, a British lawyer set up the first investment trust to pool […]
Article content (Bloomberg) — Every winter for at least a decade now, New Delhi has been bracing for extreme air pollution that harms the health of its population, particularly children and the elderly. When temperatures drop and wind speed declines, toxic particles from car tailpipes, industrial chimneys, and construction sites remain trapped over India’s capital […]
Article content (Bloomberg) — This week, US creditworthiness took another knock, the world’s largest bank met the world’s most prolific cyber extortion group, crypto soared and Hollywood found a way back to the studios. Here’s a roundup of weekend reading. South Korea’s surprise decision last weekend to ban short selling isn’t deterring investors, who are snapping up the […]
Article content (Bloomberg) — Fikile Mbalula, the secretary general of South Africa’s ruling African National Congress, reiterated a discredited claim that an $8.8 billion climate finance pact is responsible for the recurrent power outages in the country. Mbalula, speaking at a debate between political party leaders in Johannesburg on Thursday, said the closure of coal-fired […]
Article content (Bloomberg) — Voters approved a $1.4 billion bond sale to refurbish and expand the aging, overcrowded school system in Midland, Texas, the unofficial shale-oil capital of the US, preliminary results show. The school spending package — the largest ever in the district’s history — was approved by a 56%-to-44% margin Tuesday, according to […]
Article content (Bloomberg) — MTN Group Ltd. pushed its network availability to 95% in its home-market South Africa, as it invested billions of rand to upgrade sites with batteries, generators, renewable energy and enhanced security to overcome power cuts in the country. Africa’s biggest wireless carrier by customers said on Tuesday it invested 10.6 billion […]
Article content (Bloomberg) — Only the greenest of UK’s commercial properties delivered positive investment returns over the last two-and-a-half years, according to a new sustainability index developed by CBRE Group Inc. Buildings with the top A or B Energy Performance Certificate ratings posted annualized returns of 1.1% from the start of 2021 through the end […]
Breadcrumb Trail Links PMN Business An abrupt decision to end fuel subsidies is both jump-starting a solar future and making electricity more expensive in Africa’s biggest city. Author of the article: Bloomberg News Yinka Ibukun Published Nov 06, 2023 • 9 minute read Join the conversation A man using his phone as a source of light […]
Article content (Bloomberg) — The largest shareholder in Origin Energy Ltd. has declined further talks with private equity firms Brookfield Asset Management and EIG Global Energy Partners over a A$19.4 billion ($12.6 billion) takeover plan. AustralianSuper has maintained its commitment to scupper the deal during the weekend, according to people familiar with the matter who […]
Article content (Bloomberg) — Uruguay’s President Luis Lacalle Pou on Saturday reshuffled his cabinet amid accusations that members of his government tried to obstruct an investigation into a passport issued to an alleged drug trafficker. The president accepted the resignation of the senior leadership of the foreign relations and interior ministries but denied the country […]