Breadcrumb Trail Links PMN Business Even with one of the world’s most powerful green politicians in charge, Germany is failing on almost all its climate targets. Author of the article: Bloomberg News Petra Sorge Published Oct 25, 2023 • 5 minute read Join the conversation m[rt7wd{4f{bfi1nlhaer1}5_media_dl_1.png Source: German Environment Agenc Article content (Bloomberg) — Even […]
Article content (Bloomberg) — Germany’s economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide in the yen against the dollar and the euro. The International Monetary Fund’s latest projections estimate Germany’s nominal gross domestic product at $4.43 trillion this year, compared with $4.23 trillion for Japan. Article […]
Article content (Bloomberg) — Singapore’s core inflation decelerated further in September, vindicating the central bank’s decision to leave monetary policy settings unchanged this month. The core measure, which excludes housing and private transportation costs and is tracked by the Monetary Authority of Singapore, cooled to 3% from a year ago, official data showed Monday. Article […]
Breadcrumb Trail Links PMN Business Japanese Prime Minister Fumio Kishida underscored his plan to return some tax revenues to the public, fund more handouts for those on low incomes and extend energy subsidies in a speech a day after his party lost a special election. Author of the article: Bloomberg News Isabel Reynolds Published Oct […]
Article content (Bloomberg) — NATO is increasingly concerned about China’s shipping on Russia’s Northern Sea route, and the possibility that its commercial and scientific interests could be a precursor to a Chinese military presence in the Arctic, the alliance’s senior military officer said. “We know there are military scientists on board these ships,” Admiral Rob […]
Breadcrumb Trail Links PMN Business The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the back of a steadfast US consumer, a challenge for Federal Reserve officials who are debating whether additional policy tightening is needed. Author of the article: Bloomberg News Vince Golle and […]
Breadcrumb Trail Links PMN Business The incoming first female head of Germany’s most powerful labor union IG Metall is warning Elon Musk about efforts to avoid unionization at his Tesla Inc. factory near Berlin. Author of the article: Bloomberg News William Wilkes and Monica Raymunt Published Oct 21, 2023 • 3 minute read Join the […]
Breadcrumb Trail Links PMN Business Oscar-winning actress Nicole Kidman, futurist Amy Webb and Tesla Inc. Chair Robyn Denholm were among the big drawcards at this week’s inaugural South by Southwest Sydney, the first time the sprawling tech, music and film festival has been held outside North America. Author of the article: Bloomberg News Keira Wright […]
Article content (Bloomberg) — Oil advanced as geopolitical tensions ratcheted higher in the Middle East, with prices poised for a second straight weekly gain. Global benchmark Brent rose above $93 a barrel, while West Texas Intermediate neared $91. The US is seeing stepped-up drone attacks in Iraq and Syria, the Pentagon said, while an American […]
Article content (Bloomberg) — Rio Tinto Group is preparing for trials of battery-powered locomotives in Australia, where it uses giant autonomous trains — the world’s largest and longest robots — to transport iron ore across the vast Outback. Converting its 2.5-kilometer (1.6-mile) long trains to electric would help trim the producer’s use of diesel, a […]