Article content (Bloomberg) — BASF SE is accelerating a planned divestment from two joint ventures in China’s Xinjiang region following reports of alleged human rights violations. The German chemicals company didn’t say when the sale of its stakes in the two companies — Korla-based Markor Chemical Manufacturing Co. and Markor Meiou Chemical Co. — would […]
Article content (Bloomberg) — The deadly fires across Chile that killed at least 130 people and sent air quality levels into dangerous territory are just another example of how weather and climate can raise risks around the world, said Glory Dolphin Hammes, chief executive of Swiss-based IQAir’s North American division.Firefighters in the region have most […]
Article content (Bloomberg) — South African President Cyril Ramaphosa’s state-of-the-nation speech was met with predictable skepticism as he laid out the country’s progress since White rule ended 30 years ago. But the most important thing was probably what he left unsaid. He committed to extending welfare grants but made no concrete ballot-box spending pledges to […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Suman Naishadham And Brittany Peterson Published Feb 08, 2024 • 4 minute read Join the conversation Article content GREEN RIVER, Utah (AP) — A plan to extract lithium — the lustrous, white metal used in electric vehicle batteries — in southeast Utah is […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Published Feb 07, 2024 • 3 minute read Join the conversation In this photo released by Xinhua News Agency, People walk out of the China Securities Regulatory Commission at the Financial Street in Beijing on Feb. 17, 2023. Beijing on Wednesday, Feb. 7, […]
Article content The popular diabetes treatment Mounjaro pushed Eli Lilly past fourth-quarter forecasts, and the drugmaker expects 2024 to turn out largely better than expected too, as new products build momentum. Lilly debuted on Tuesday a forecast for the new year that calls for adjusted earnings ranging from $12.20 to $12.70 per share as its […]
Article content (Bloomberg) — One of China’s most prominent fund managers, Wang Yawei, is currently “not involved” in the asset management company he founded, the firm said, after a report last year that he had been detained. Wang’s involvement in the operations of Qianhe Capital Management Co. is suspended because of personal reasons, the company […]
Article content COLOMBO, Sri Lanka (AP) — Thai Prime Minister Srettha Thavisin was the guest of honor at Sri Lanka’s 76th Independence Day celebrations on Sunday, as the island nation struggles to emerge from its worst economic crisis. Srettha joined Sri Lankan President Ranil Wickremesinghe at a low-key ceremony near the country’s main seaside esplanade […]
Breadcrumb Trail Links PMN Business Euro-zone leaders looking to keep populist parties at bay are unlikely to get much help from the economy this year — even if the European Central Bank cuts interest rates. Author of the article: Bloomberg News Alexander Weber Published Feb 04, 2024 • 4 minute read Join the conversation nzz}]n0m146yu0k{j4u]1qxi_media_dl_1.png […]
Article content (Bloomberg) — Australia’s government has proposed fuel efficiency standards for some vehicles, which would bring the country in line with rules introduced in the US about 50 years ago. The government’s preferred standard, released Sunday, would only apply to new passenger and light commercial vehicles, Minister for Infrastructure, Transport, Regional Development and Local […]