Breadcrumb Trail Links PMN Business Standard Chartered Plc says the finance industry urgently needs to update its toolbox and steer a lot more capital into protecting critical infrastructure, homes and whole cities from the fallout of global warming. Author of the article: Bloomberg News Natasha White Published Apr 10, 2024 • 3 minute read A […]
Article content (Bloomberg) — Levels of stress at German companies hit the highest level in almost four years, as Europe’s biggest economy faces a sustained period of slower growth. German corporate distress was the highest since 2020 at the start of this year, according to research published on Thursday. The study, by law firm Weil, […]
Article content (Bloomberg) — A handful of top German industrials may prove the biggest drag on quarterly results in Europe in the coming weeks, an ominous sign for the country’s benchmark DAX Index as it hovers near a record high. Carmakers BMW AG and Mercedes-Benz Group AG, chemicals giant BASF SE, drugs and crop chemicals […]
Breadcrumb Trail Links PMN Business Pakistan’s new finance minister is on a mission to fix his country. To many, it’s an unenviable task. Author of the article: Bloomberg News Faseeh Mangi Published Apr 08, 2024 • 5 minute read Shoppers buy fruits at a market in Islamabad, Pakistan, on Saturday, March 30, 2024. Pakistan is […]
Breadcrumb Trail Links PMN Business Japanese Prime Minister Fumio Kishida heads to Washington looking to strengthen his country’s alliance with the US while sidestepping issues that cast their ties in an unfavorable light — including the planned takeover of United States Steel Corp. Author of the article: Bloomberg News Stephen Stapczynski, Shoko Oda and Yoshiaki […]
Article content (Bloomberg) — BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia. The change came to light Monday after West Virginia Treasurer Riley Moore took a victory lap in an announcement of the financial firms it was […]
Breadcrumb Trail Links PMN Business Ireland’s incoming Prime Minister Simon Harris gave his first speech as leader of the Fine Gael party, outlining priorities for the government ahead of his nomination as prime minister next week. Author of the article: Bloomberg News Jennifer Duggan Published Apr 06, 2024 • 3 minute read Article content (Bloomberg) […]
Breadcrumb Trail Links PMN Business President Javier Milei is taking a softer tone than he did as a candidate, saying he won’t touch existing trade agreements with Beijing. Author of the article: Bloomberg News Jonathan Gilbert and Manuela Tobias Published Apr 04, 2024 • 9 minute read 5h3lt9a7lw]]kb(h7f1biyrz_media_dl_1.png Source: Bloomberg Economics Article content (Bloomberg) — […]
Breadcrumb Trail Links PMN Business Japan’s currency is yet again at the mercy of the US economy, with Tokyo’s efforts to buy time for the beleaguered yen vulnerable to shifts in the outlook for interest rate cuts by the Federal Reserve. Author of the article: Bloomberg News Toru Fujioka Published Apr 04, 2024 • 4 […]
Article content (Bloomberg) — The Biden administration has dismissed a deal with House Speaker Mike Johnson to tie Ukraine aid to lifting the Biden administration’s pause of new liquefied natural gas export licenses. “The president has been clear that House Republicans should pass the bipartisan national security agreement that already passed the Senate as soon […]