Article content (Bloomberg) — As policymakers in Dubai search for consensus on tackling climate change, the scale of the challenge is evident in the stormy waters of the North Sea, where Norway is opening another gas field. Petroleum and Energy Minister Terje Aasland will on Friday cut the ribbon on the ConocoPhillips-operated Tommeliten A gas […]
Breadcrumb Trail Links PMN Real Estate PMN Business Author of the article: The Canadian Press Published Dec 01, 2023 • 3 minute read Join the conversation Article content TORONTO — New rules for Ontario real estate are coming into force that are meant to provide more clarity and choice for buyers and sellers, though they […]
Article content (Bloomberg) — Kinepolis Group NV, one of the largest theater operators in Europe, recently considered making a bid for Cineplex Inc., the No. 1 chain in Canada, but chose not to proceed after concluding a deal would struggle to win regulatory approval, according to people familiar with the matter. Kinepolis may still pursue […]
Article content (Bloomberg) — LG Energy Solution Ltd. shares fell in Seoul trading on concern the company may have to hand over a bigger slice of US tax credits that have helped boost profit to battery partner General Motors Co. The stock fell as much as 5.6% in early trading Friday after the Korea Economic […]
Breadcrumb Trail Links PMN Business SenseTime Group Inc. is exploring carving out its autonomous driving and health care units for separate fundraising, people familiar with the matter said, as the Chinese AI company looks to expand these businesses. Author of the article: Bloomberg News Dong Cao and Pei Li Published Dec 01, 2023 • 2 […]
Article content (Bloomberg) — UBS Group AG said heirs joining the ranks of the world’s richest over the past year had racked up more wealth than newly-minted self-made billionaires, in a sign that the transfer of family fortunes is becoming an ever-larger factor in the distribution wealth. Of the 137 people who became billionaires last […]
Breadcrumb Trail Links PMN Personal Tech PMN Business Author of the article: The Canadian Press Tara Deschamps Published Nov 30, 2023 • 3 minute read Join the conversation Article content When OpenAI released ChatGPT one year ago, it instantly dazzled the world’s tech community and beyond. The artificial intelligence-based chatbot could turn simple prompts from […]
Breadcrumb Trail Links PMN Business Your morning roundup of key UK business news just in Author of the article: Bloomberg News Leonard Kehnscherper Published Nov 30, 2023 • 3 minute read Join the conversation Article content (Bloomberg) — Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. Dr. […]
Article content (Bloomberg) — France’s economy unexpectedly shrank in the third quarter while November inflation sank more than anticipated — prompting investors to step up bets that the European Central Bank will cut interest rates in the spring. While output had remained relative strong as Germany suffered the brunt of a manufacturing slowdown, French statistics […]
Article content (Bloomberg) — Germany has a potential hole in its 2024 budget of as much as €24 billion ($26.4 billion), though the exact figure is still very much up in the air, according to a senior lawmaker from Chancellor Olaf Scholz’s ruling coalition. The government in Berlin has been forced to overhaul its finance […]