Breadcrumb Trail Links PMN Business Texas refineries are bracing for an onslaught of cold, snow and freezing rain as the US South’s first major winter storm sweeps in during what’s projected to be a frigid month. Author of the article: Bloomberg News Barbara Powell and Nathan Risser Published Jan 09, 2025 • 2 minute read […]
Breadcrumb Trail Links PMN Business Japanese workers’ base salaries grew the most in 32 years, offering signs that a positive economic cycle is emerging, keeping the central bank on track for near-term additional rate hikes. Author of the article: Bloomberg News Erica Yokoyama Published Jan 08, 2025 • 2 minute read plvym993u]ty4cjqc824dw8w_media_dl_1.png Labor ministry Article […]
Breadcrumb Trail Links PMN Business Asian stocks were poised for a mixed open after Wall Street traders refrained from making big bets, with US equity markets set to close ahead of Friday’s jobs report. Author of the article: Bloomberg News Stephen Kirkland Published Jan 08, 2025 • Last updated 19 minutes ago • 5 minute read […]
Article content (Bloomberg) — More Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on profits at power suppliers. Article content The richest coastal provinces have reduced their benchmark thermal power prices by about 10% from last year, according to a briefing by UBS Group […]
Article content (Bloomberg) — Honda Motor Co. revealed two electric vehicle prototypes heralding a wave of new battery-powered models it plans to release in the years ahead, though the carmaker may dial back the pace of its EV investments if demand continues to lose steam. Article content The two models — a sedan and and […]
Breadcrumb Trail Links PMN Business The leaders of Malaysia and Singapore are set to formalize an agreement establishing a special economic zone linking their two nations’ border region, but the prospects for immediate economic benefits may hinge on implementation of a deal that has seen repeated delays since talks began in 2023. Author of the […]
Breadcrumb Trail Links PMN Business Today on the Big Take: Josh Tyrangiel unpacks his wide-ranging interview with Sam Altman about OpenAI’s future. Author of the article: Bloomberg News David Gura and Alex Tighe Published Jan 06, 2025 • 15 minute read Sam Altman Photo by SeongJoon Cho /Bloomberg Article content (Bloomberg) — Never miss an […]
Breadcrumb Trail Links PMN Business More than three months after winning the most seats at federal elections, far-right leader Herbert Kickl is on track to become the Freedom Party’s first Austrian chancellor in a tie-up with the conservative People’s Party. Author of the article: Bloomberg News Marton Eder and Jonathan Tirone Published Jan 05, 2025 […]
Breadcrumb Trail Links PMN Business Four years after a mob attacked the US Capitol to support Donald Trump’s last-gasp effort to overturn his election loss, the events of Jan. 6, 2021, have evolved into a political and cultural flashpoint — with little lasting damage to the president-elect. Author of the article: Bloomberg News Zoe Tillman […]
Article content (Bloomberg) — President Joe Biden signed into law a bill that will increase Social Security benefits for millions of Americans — his first public bill signing ceremony in more than two years. Article content The Social Security Fairness Act will boost Social Security payments to more than 2.5 million retirees — some by […]