Breadcrumb Trail Links PMN Business Bond investors lifted wagers that the Federal Reserve will cut interest rates by a quarter point next month as a sharp rise in claims for unemployment took precedence over a hotter-than-expected inflation print. Author of the article: Bloomberg News Liz Capo McCormick Published Oct 10, 2024 • 3 minute read […]
Article content (Bloomberg) — France’s state development bank is considering loaning South Africa about €300 Million ($329 million) in what would be its second disbursement under a climate-finance pact between the African nation and some of the world’s richest countries, people familiar with the situation said. The 20-year loan, the exact size of which is […]
Article content (Bloomberg) — Israeli Prime Minister Benjamin Netanyahu’s office said he spoke with US President Joe Biden for the first time in more than a month as Washington looks to temper Israel’s retaliation for last week’s missile attack from Iran. The two sides were expected to provide readouts of what the leaders discussed later […]
Article content MEXICO CITY (AP) — Mexico’s top economic official has suggested his country will actively take the U.S. side in looming trade battles with China. “There is a dispute between China and the United States, stronger now than it was a few years ago,” Economy Secretary Marcelo Ebrard said at a business forum on […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Fatima Hussein Published Oct 09, 2024 • 3 minute read FILE – A Social Security card is displayed on Oct. 12, 2021, in Tigard, Ore. Photo by Jenny Kane /THE ASSOCIATED PRESS Article content WASHINGTON (AP) — Sherri Myers, an 82-year-old resident […]
Breadcrumb Trail Links PMN Business Northvolt AB sought bankruptcy protection for one of its units in a bid to limit the financial fallout from the troubled battery maker’s now-halted expansion in northern Sweden. Author of the article: Bloomberg News Charles Daly, Rafaela Lindeberg and Niclas Rolander Published Oct 08, 2024 • 3 minute read Article […]
Article content (Bloomberg) — Honda Motor Co. said it’s open to altering its electrification roadmap if demand for pure battery cars continues to wane, a sign the Japanese automaker may ultimately join international peers in walking back electric vehicle targets. “There’s enough room to adjust the time line of establishing EV factories globally and change […]
Article content (Bloomberg) — Brookfield Asset Management Ltd. sees an opportunity to ink billion-dollar deals in the renewable-power industry after valuations dropped in recent years. The asset manager said earlier this year that it raised $10 billion for a fund dedicated to investing in the energy transition as well as $2.4 billion for a similar […]
Article content OTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $1.1 billion in August as lower oil prices weighed on exports. The agency said Tuesday the result compared with a revised deficit of $287 million in July. The initial reading for July released last month pointed to a surplus of […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Samuel Petrequin And Graham Dunbar Published Oct 07, 2024 • 5 minute read FILE – In this file photo dated Friday, Sept. 14, 2018, Paris-Saint-Germain player Lassana Diarra during a French League One soccer match against Saint-Etienne at the Parc des Princes […]