Category: PMN Business

Oct 21

NATO Admiral Says Growing China-Russia Ties Raise Risk in Arctic

Article content (Bloomberg) — NATO is increasingly concerned about China’s shipping on Russia’s Northern Sea route, and the possibility that its commercial and scientific interests could be a precursor to a Chinese military presence in the Arctic, the alliance’s senior military officer said. “We know there are military scientists on board these ships,” Admiral Rob […]
Oct 21

Fresh Growth Numbers Are Set to Show US Remains Economic Powerhouse

Breadcrumb Trail Links PMN Business The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the back of a steadfast US consumer, a challenge for Federal Reserve officials who are debating whether additional policy tightening is needed. Author of the article: Bloomberg News Vince Golle and […]
Oct 20

Greek economy wins new vote of confidence with credit rating upgrade and hopes for investment boost

Article content ATHENS, Greece (AP) — Greece won new certification of its financial health Friday, as Standard & Poor’s became the first of the three major international ratings agencies to upgrade the formerly struggling country’s credit rating to investment grade. The one-notch upgrade, from BB+ to BBB-, is expected to significantly boost market confidence in […]
Oct 20

After 189 bodies were found in Colorado funeral home, evidence suggests families received fake ashes

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Jesse Bedayn And Matthew Brown Published Oct 20, 2023  •  5 minute read Join the conversation Article content COLORADO SPRINGS, Colo. (AP) — A Colorado funeral home where 189 decaying bodies were discovered this month appears to have fabricated cremation records and may […]
Oct 20

Challenge for World’s Biggest Robot Trains Is Going Electric

Article content (Bloomberg) — Rio Tinto Group is preparing for trials of battery-powered locomotives in Australia, where it uses giant autonomous trains — the world’s largest and longest robots — to transport iron ore across the vast Outback. Converting its 2.5-kilometer (1.6-mile) long trains to electric would help trim the producer’s use of diesel, a […]