Article content German airline passengers faced disruption on Monday, with scores of flights canceled at Berlin airport as ground staff went on strike over pay. Article content Hamburg, Hanover and Bremen airports are also affected by walkouts and flight cancellations. The Verdi labor union is pushing for improved pay and conditions as workers grapple with […]
Article content LONDON — British finance minister Jeremy Hunt said on Sunday he was working with Prime Minister Rishi Sunak and Bank of England Governor Andrew Bailey to “avoid or minimize damage” resulting from the chaos engulfing the UK arm of Silicon Valley Bank. “We will bring forward immediate plans to ensure the short-term operational […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Kevin Yao Published Mar 12, 2023 • 3 minute read Join the conversation Article content BEIJING — Yi Gang’s surprise re-appointment as China’s central bank governor on Sunday means a pro-market mind of high international stature will continue to represent the world’s second-largest economy on […]
Breadcrumb Trail Links PMN Business China reappointed several top economic officials in a leadership reshuffle Sunday, giving investors greater continuity as Beijing overhauls financial regulation and grapples with escalating tensions with the US. Author of the article: Bloomberg News Bloomberg News Published Mar 12, 2023 • 4 minute read Join the conversation f8vu7)kw]pg22osm[0an5cqq_media_dl_1.png Bloomberg RSS […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Summer Zhen Published Mar 12, 2023 • 3 minute read Join the conversation Article content SHANGHAI — China stock investors, already disillusioned by Beijing’s lower-than-expected economic growth target for the year, will be further disheartened by the shock collapse of U.S. lender SVB Financial Group, […]
Article content (Bloomberg) — Saudi Aramco followed oil-producing rivals by reporting blowout annual earnings and increasing its dividend, though its profit dipped in the fourth quarter as high interest rates slowed major economies. Article content The world’s biggest energy company made net income of $161 billion in 2022, the most since it listed in Riyadh […]
Breadcrumb Trail Links PMN Business France’s troubled nuclear industry is supposed to be in revival, but the discovery of further defects at some reactors this week is stoking fears that the year ahead could be just as difficult as the last. Author of the article: Bloomberg News Francois de Beaupuy, Celia Bergin and Todd Gillespie […]
Breadcrumb Trail Links PMN Business (Bloomberg) — Germany is approaching the end of the first quarter with a sense of quiet optimism that its crisis of 2022 has been consigned to history. Author of the article: Bloomberg News Craig Stirling and Harumi Ichikura Published Mar 11, 2023 • 3 minute read Join the conversation qg)9pk1hp)pbjctc4]rbpeqd_media_dl_1.png […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Yew Lun Tian and Laurie Chen and Joe Cash Published Mar 11, 2023 • 5 minute read Join the conversation Article content BEIJING — Four years before Li Qiang gained notoriety as the force behind the two-month COVID-19 lockdown of Shanghai, the man […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press David Bauder Published Mar 11, 2023 • 6 minute read Join the conversation Article content NEW YORK (AP) — It wasn’t critics, political foes or their bosses that united Fox News stars Tucker Carlson, Sean Hannity and Laura Ingraham when they gathered via […]