Article content (Bloomberg) — Kenya has dropped plans to tap international capital markets this fiscal year due to the high cost of dollar debt, according to Treasury Secretary Njuguna Ndung’u. The East African nation will seek cheaper concessional funding instead, Ndung’u told the state-run MyGov newspaper. It will return to international debt markets “when conditions […]
Article content (Bloomberg) — Bank of England Governor Andrew Bailey suggested that interest-rate cuts are unlikely for the “foreseeable future” as he warned that the second half of the inflation battle will be “hard work.” He said in an interview with the Newcastle Chronicle newspaper published Monday that the recent step down in UK inflation […]
Article content TORONTO — You’ve been tracking your online shopping haul for days. It’s finally the day your package is set to arrive at your doorstep. But when you get home in the evening, the package is not there. A recent FedEx survey shows porch thefts have risen over the last two years, with 28 […]
Article content (Bloomberg) — Freezing temperatures are spreading across Europe, with snow forecast from Germany to the UK, testing energy systems in a second winter without the bulk of Russian fuel supplies. Berlin is set for a low of -4.5C on Tuesday and Wednesday, while Helsinki won’t get above -8C on Monday, according to forecaster […]
Article content (Bloomberg) — A Black Sea storm left half a million people without power in Crimea and halted crude loadings at Russia’s Novorossiysk and the CPC terminal, leading to an oil-production drop in Kazakhstan. Authorities in Russian-occupied Crimea declared Monday a non-working day as the storm reaching wind speeds of 40 meters per second […]
Breadcrumb Trail Links PMN Business Battery giants are starting to put their money on new sodium-based technology, a sign that there could be yet another shakeup in the industry that’s crucial for the energy transition. Author of the article: Bloomberg News Eddie Spence and Annie Lee Published Nov 26, 2023 • 3 minute read Join […]
Breadcrumb Trail Links PMN Business The German government’s struggle to hammer out a revised budget after a shock court ruling last week not only gave a boost to the opposition but also stoked fresh infighting within the ruling coalition. Author of the article: Bloomberg News Arne Delfs, Kamil Kowalcze and Michael Nienaber Published Nov 26, […]
Article content (Bloomberg) — Australia is on track to cut its greenhouse emissions by 42% below 2005 levels by 2030, Climate and Energy Minister Chris Bowen said, citing new projections that will be released formally this week. That’s less than the Labor government’s 43% reduction target, but still an improvement from last year 40% estimate. […]
Breadcrumb Trail Links PMN Business The world’s most-developed nations will be told to curb their excessive appetite for meat as part of the first comprehensive plan to bring the global agrifood industry into line with the Paris climate agreement. Author of the article: Bloomberg News Agnieszka de Sousa Published Nov 25, 2023 • 3 minute […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press David R. Martin And Michael Casey Published Nov 25, 2023 • Last updated 3 hours ago • 5 minute read Join the conversation Article content ELMSFORD, N.Y. (AP) — When Sean Rafferty got his start in the grocery business, anything that wasn’t sold got […]