Article content (Bloomberg) — Germany won’t escape a second recession this year as the economy long seen as Europe’s motor limps through persisting industrial weakness, according to forecasters. Gross domestic product declined 0.2% in the quarter through September and will probably fall a further 0.1% before the end of 2023, Bloomberg’s survey of economists shows. […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Regina Garcia Cano And Gonzalo Solano Published Oct 16, 2023 • 4 minute read Join the conversation Article content QUITO, Ecuador (AP) — Daniel Noboa has managed to do what his father failed at five times: Getting elected as Ecuador’s president. And he […]
Article content PHILADELPHIA (AP) — Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits. In 2022, Rite Aid settled for up to $30 million to resolve lawsuits alleging […]
Breadcrumb Trail Links PMN Business New Zealanders have chosen a center-right government to manage mounting economic challenges in the aftermath of the pandemic, rejecting the left-leaning administration of Prime Minister Chris Hipkins. Author of the article: Bloomberg News Matthew Brockett Published Oct 14, 2023 • 4 minute read Join the conversation Christopher Luxon on Oct. […]
Breadcrumb Trail Links PMN Business The president wants to turn the region into a stronger economic powerhouse. Author of the article: Bloomberg News Bloomberg News Published Oct 14, 2023 • 7 minute read Join the conversation Tesla Gigafactory was expected to be one of many large, foreign companies to open facilities in the region. Few have […]
Breadcrumb Trail Links PMN Business China’s economy isn’t yet on secure footing, as recent green shoots have been offset by lingering fears about the property crisis and a stubborn inability to revive confidence. Author of the article: Bloomberg News Bloomberg News Published Oct 14, 2023 • 7 minute read Join the conversation qovqw20no0vcee]r5kkpls4{_media_dl_1.png Sources: Brazil […]
Breadcrumb Trail Links PMN Business Risky private credit lending is vulnerable to higher interest rates and debt crunches, according to watchdogs across the globe that are seeking more transparency from the industry. Author of the article: Bloomberg News Katharine Hidalgo Published Oct 14, 2023 • 5 minute read Join the conversation sl2d80qljj29rmacg3ga3)g(_media_dl_1.png Source: Preqin Article […]
Article content MIAMI (AP) — A Florida executive whose family business once owned Playgirl magazine has pleaded guilty to conspiracy to commit securities fraud for misleading investors in another of his companies — one that made high-interest loans to small businesses. Carl R. Ruderman, 82, was chairman and chief executive officer of 1 Global Capital […]
Article content (Bloomberg Markets) — Hi. My name is Divya Balji. I’m 40 years old, and I’ve never exercised my democratic right to vote. A big part of that has to do with my leaving Singapore as a teenager. It seemed irresponsible to vote for the next government without having lived and worked in the […]
Breadcrumb Trail Links PMN Business Taylor Swift: The Eras Tour is poised to shatter records for a concert film this weekend — and has a shot at being the biggest US debut of 2023 — extending a box office resurgence driven by female icons. Author of the article: Bloomberg News Jessica Nix and Thomas Buckley […]