Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Carlos Mureithi And Jennifer Mcdermott Published Nov 17, 2023 • 6 minute read Join the conversation FILE – Muddy plastic bottles have flowed downstream and become lodged against fallen trees and within the dense foliage in Tisza River near Tiszaroff, Hungary, Aug. 1, […]
Article content (Bloomberg) — Billionaire Elon Musk’s electric vehicle maker Tesla Inc. hasn’t yet formally registered its plans for investment in a factory near Monterrey, Mexico, where it intends to make a next-generation electric vehicle. While the company has made the announcement for an investment that could eventually rise to $10 billion over multiple phases, […]
Article content SIEM REAP, Cambodia (AP) — Cambodia on Thursday inaugurated its newest and biggest airport, a Chinese-financed project meant to serve as an upgraded gateway to the country’s major tourist attraction, the centuries-old Angkor Wat temple complex in the northwestern province of Siem Reap. The Siem Reap-Angkor International Airport is located on 700 hectares […]
Article content (Bloomberg) — The Biden administration and 13 partner nations in Asia and the Pacific are close to finishing agreements that include renewable energy and anti-corruption measures, while falling short of a deal on thornier trade issues. “We’re close” to an agreement on two so-called pillars of the Indo-Pacific Economic Framework that encompass those […]
Article content (Bloomberg) — The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African nation’s reserves before a eurobond repayment is due in June. The funding, which still requires IMF board approval, will result in the Washington-based lender granting Kenya immediate access to around $682 million, the […]
Article content LONDON (AP) — Inflation in the U.K. dropped sharply in October to its lowest level in two years largely because last year’s steep rise in domestic energy bills dropped out of the annual comparison, official figures showed Wednesday. The Office for National Statistics said consumer prices in the year to October were 4.6% […]
Breadcrumb Trail Links PMN Business UK inflation tumbled to the lowest level in two years, prompting investors to firm up bets that the Bank of England will be able to cut rates as early as the Spring of next year. Author of the article: Bloomberg News Tom Rees and Philip Aldrick Published Nov 15, 2023 […]
Article content (Bloomberg) — Sweden’s core inflation rate was slightly lower than expected in October, increasing the probability that the country’s central bank will end a year-and-a-half long tightening campaign later this month. Prices excluding energy and interest-rate changes rose by 6.1% from a year earlier, a release from Statistics Sweden showed Tuesday. That was […]
Article content (Bloomberg) — UK wage growth slowed and vacancies continued to fall, further signs that the labor market is easing as the British economy flirts with recession. Average earnings excluding bonuses rose 7.7% in the three months through September, compared with a revised 7.9% in the period through August, the Office for National Statistics […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Yuri Kageyama Published Nov 14, 2023 • 3 minute read Join the conversation Article content TOKYO (AP) — Asian shares were mostly higher Tuesday ahead of potentially market-moving developments, including a U.S.-China summit and data releases from the U.S., Japan and China. Japan’s […]