Breadcrumb Trail Links PMN Business Brian Souter built one of the world’s largest transport fortunes over the past four decades through Stagecoach, the UK bus operator he and his family started with a pair of second-hand vehicles. Author of the article: Bloomberg News Ben Stupples Published Nov 21, 2023 • 4 minute read Join the […]
Breadcrumb Trail Links PMN Business Electrifying oil rigs is a taste of what the future could hold if oil companies get to lead the way toward net zero. Author of the article: Bloomberg News Kari Lundgren Published Nov 21, 2023 • 7 minute read Join the conversation Norway’s Oil Minister Terje Aasland in the control room of Equinor’s […]
Article content HONG KONG (AP) — Hong Kong Disneyland opened its first Frozen-themed attraction on Monday, with thousands of eager visitors turning up to experience the new rides, some lining up for hours to get an early start. Based on Disney’s wildly popular Frozen animation film, the new section of the park features landscapes and […]
Article content (Bloomberg) — With promises of climate finance from the developed world having largely remained unfulfilled, African nations are now looking to fill the gap themselves. Egypt, Morocco, Benin and Ivory Coast are setting up so-called green banks under the guidance of the African Development Bank, according to Audrey-Cynthia Yamadjako, the lender’s principal climate […]
Article content (Bloomberg) — German Vice Chancellor Robert Habeck said last week’s ruling by Germany’s top court curbing the use of off-budget special funds is a major blow for Europe’s biggest economy and could lead to higher power costs for households and companies. Constitutional Court judges said that €60 billion ($65.5 billion) in untapped credit […]
Article content (Bloomberg) — The European Central Bank may have to raise borrowing costs again if investor bets on monetary loosening undermine the institution’s policy stance, Governing Council member Pierre Wunsch said. Markets are taking an “optimistic” view by discounting the possibility of further hikes and expecting the first reduction of the ECB’s deposit rate […]
Article content TOKYO (AP) — The release of a third batch of treated radioactive wastewater from Japan’s damaged Fukushima nuclear plant into the Pacific Ocean ended safely as planned, its operator said Monday, as the country’s seafood producers continue to suffer from a Chinese import ban imposed after the discharges began. Large amounts of radioactive […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Todd Richmond Published Nov 19, 2023 • 5 minute read Join the conversation Article content LA CROSSE, Wis. (AP) — Wildlife officials across the Great Lakes are looking for spies to take on an almost impossible mission: stop the spread of invasive carp. […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Aniruddha Ghosal And Chinedu Asadu Published Nov 19, 2023 • 5 minute read Join the conversation Article content Skyrocketing sugar prices left Ishaq Abdulraheem with few choices. Increasing the cost of bread would mean declining sales, so the Nigerian baker decided to cut […]
Breadcrumb Trail Links PMN Business China needs to decisively ramp up fiscal spending so it can support an economy damaged by Western restrictions on trade, according to a Chinese scholar studying an unconventional school of economic thought. Author of the article: Bloomberg News Bloomberg News Published Nov 18, 2023 • 4 minute read Join the […]