Category: PMN Business

Mar 10

Ukraine Latest: EU Denounces ‘Indiscriminate’ Missile Attacks

Article content (Bloomberg) — European Commission President Ursula von der Leyen condemned what she called Russia’s “indiscriminate” missile attacks on Ukraine and said the Kremlin’s “deliberate targeting” of civilians and energy infrastructure is a war crime. Ukrainian President Volodymyr Zelenskiy said that Russia’s “massive” missile barrage had killed six Ukrainians Thursday. It also triggered temporary […]
Mar 10

HK’s Zaha Hadid-Designed Tower Signs Up Canada Pension as Tenant

Article content (Bloomberg) — The Canadian pension fund signed up for two floors in Henderson Land Development Co.’s new Hong Kong office building, according to people familiar with the matter, a win for the developer amid record-high vacancy for skyscrapers in the Asian financial hub.  Article content Canada Pension Plan Investment Board will move from […]
Mar 10

Norway Inflation Slows More Than Expected, Cooling Rate Pressure

Article content (Bloomberg) — Norway’s inflation slowed last month more than expected, reducing the room for bets the central bank will need to opt for a stronger and longer interest-rate tightening, and prices in Denmark showed a similar trajectory. Article content Norway’s headline inflation rate declined on year to 6.3% in February, versus the median […]
Mar 9

Power-Starved South Africa Halts Karpowership Bid for Port Plant

Breadcrumb Trail Links PMN Business Karpowership, the Turkish company seeking to supply 1,220 megawatts of electricity to South Africa, had its environmental application to moor a ship-mounted power plant at the port of Saldanha Bay suspended after allegations that the views of small-scale fisheries were misrepresented. Author of the article: Bloomberg News Antony Sguazzin Published […]