Category: PMN Business

Dec 9

Polish truck drivers are blocking the border with Ukraine. It’s hurting on the battlefield

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Hanna Arhirova, Karl Ritter And Monika Scislowska Published Dec 09, 2023  •  5 minute read Join the conversation Article content KORCZOWA, Poland (AP) — Pickup trucks and tourniquets bound for Ukraine’s battlefield are stuck in a mileslong line at the border with Poland. […]
Dec 8

Tesla’s China Sales Rise as Orders Flow In to Beat Price Rises

Article content (Bloomberg) — Tesla Inc.’s Chinese deliveries rose in November as customers were motivated to place orders before the company increased prices on its electric vehicles.  China deliveries totaled 65,504 EVs, a 5% increase from November 2022, data from the country’s Passenger Car Association showed Friday.  Article content Since initiating a price war in […]
Dec 8

China Power Giant Weighs Bid for Chile’s Transelec Stake, Sources Say

Article content (Bloomberg) — China Southern Power Grid Co., the country’s second-largest electricity supplier, is considering a bid for the stakes held by Canadian pension funds in Transelec SA, according to people familiar with the matter. The Chinese state-owned utility, which already holds almost 28% of Chile’s biggest power-transmission company, is working with a financial […]
Dec 7

Audi, Lamborghini, Porsche Had the Best Concept Cars of 2023

Breadcrumb Trail Links PMN Business Concept cars are created by automakers to showcase design and technology they think could become standard. This year, nine electric cars—and one truck—offered my favorite windows to the next phase of driving. Author of the article: Bloomberg News Hannah Elliott Published Dec 07, 2023  •  7 minute read Join the conversation The […]
Dec 7

Indian State Refiners May Sharpen Competition for Venezuelan Oil

Article content (Bloomberg) — Government-controlled refineries in India are joining billionaire Mukesh Ambani’s Reliance Industries Ltd. in seeking to take Venezuelan crude, intensifying competition with Chinese users for discounted barrels. State-owned Bharat Petroleum Corp. is in the market to buy from the producer, according to a person familiar with the development. Hindustan Mittal Energy Ltd., […]