Article content (Bloomberg) — Any pause at an European Central Bank monetary-policy meeting could be followed by another increase in interest rates, according to President Christine Lagarde. Article content At the next meeting in September, “there could be a further hike of the policy rate or perhaps a pause,” she told Le Figaro newspaper. “A […]
Article content (Bloomberg) — The Economic Community of West African States may resort to the use of “force” if coup leaders in Niger do not reinstate the democratically elected regime of President Mohamed Bazoum. Article content “In the event that the authority’s demands are not met within one week, we will take all measures necessary […]
Breadcrumb Trail Links PMN Business Hiring in the US probably increased at a healthy yet more moderate clip this month, representing a vote of confidence about the demand outlook after a solid first half of the year. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jul 29, 2023 • 5 minute […]
Breadcrumb Trail Links PMN Business Microsoft Corp. reported tepid fourth-quarter sales growth, held back by decelerating demand for cloud-computing services while the software maker waits for a revenue boost from new artificial intelligence-powered products. Author of the article: Bloomberg News Dina Bass Published Jul 25, 2023 • 4 minute read Join the conversation Signage outside […]
Breadcrumb Trail Links PMN Business The world is baking under extreme heat from California’s Death Valley to Turpan in western China. July is already set to be the single-hottest month on record as interconnected domes of high pressure sit stagnant across the Northern Hemisphere. The conditions are putting the lives of hundreds of millions of […]
Breadcrumb Trail Links PMN Business Rising hopes of a soft landing for the US economy likely hinge on the Federal Reserve’s willingness to tolerate inflation markedly higher than it would prefer. Author of the article: Bloomberg News Rich Miller Published Jul 23, 2023 • 4 minute read Join the conversation n(s3qjgdr8ajitaru5ab9gfk_media_dl_1.png Bloomberg RSS Article content […]
Breadcrumb Trail Links PMN Business The Group of Twenty energy ministers meeting in India ended without a consensus on the phase-down of fossil fuels, adding to the sluggish progress on climate diplomacy ahead of key meetings this year. Author of the article: Bloomberg News Rajesh Kumar Singh and Kamil Kowalcze Published Jul 22, 2023 • […]
Breadcrumb Trail Links PMN Business Venezuela is in early-stage talks with the European Union on a $1.5 billion plan to capture its methane emissions and export them to the bloc as natural gas with the help of Eni SpA and Repsol SA. Author of the article: Bloomberg News Fabiola Zerpa Published Jul 21, 2023 • […]
Article content (Bloomberg) — In the race to reduce carbon emissions, countries from the US to New Zealand are doling out incentives to spur electric-vehicle sales — tactics China used for years as it turned into the biggest EV market on Earth. Article content Beijing’s success is breathtaking. EVs accounted for a quarter of all […]
Article content (Bloomberg) — BlackRock Inc. said Saudi Aramco Chief Executive Officer Amin Nasser is joining its board, reflecting the asset manager’s commitment to the Middle East as part of its long-term strategy. Article content Nasser has led the world’s biggest oil producer since 2015, including overseeing its public listing, and provides BlackRock with “a […]