Article content (Bloomberg) — Trafigura Group has appointed gas, power and renewables head Richard Holtum as its new chief executive officer, replacing Jeremy Weir who will stay on as chairman of the commodity trading giant. Holtum, a 39-year-old former British army captain, will become CEO on Jan. 1, the company said in a statement. The […]
Article content NEW YORK (AP) — As the use of artificial intelligence is expands, more small firms say they’re harnessing AI to help their businesses. In a survey by The U.S. Chamber of Commerce and Teneo, nearly every small business — 98% — said they are utilizing a tool that is enabled by AI. Forty […]
Article content (Bloomberg) — Mexico’s headline inflation slowed more than expected in early September, giving Banco de Mexico room to cut borrowing costs for a second straight month at this week’s interest rate meeting. Official data published Tuesday showed consumer prices rose 4.66% in the first two weeks of the month from the same period […]
Article content (Bloomberg) — The Federal Reserve’s interest rate cut decision has renewed investor interest in the clean tech industry, a sector that has spent most of 2024 in the doldrums. That’s according to Lucy Brash, a managing director and the head of JPMorgan Chase & Co.’s North American Energy, Power and Renewables Equity Capital […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Adriana Morga Published Sep 23, 2024 • 5 minute read Article content NEW YORK (AP) — When Mykail James was 19 and working a holiday job at Victoria’s Secret, she took out a store credit card with a $2,000 credit line. When […]
Breadcrumb Trail Links PMN Business Climate Week NYC will be drawing in bankers and diplomats who usually show up at the United Nations’ annual climate summits. Author of the article: Bloomberg News Bloomberg Green Published Sep 22, 2024 • 9 minute read A street in Jersey City, New Jersey, facing One World Trade Center and […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Alex Veiga And Sally Ho Published Sep 22, 2024 • 5 minute read Article content The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come. Even so, aspiring […]
Breadcrumb Trail Links PMN Business President Emmanuel Macron’s new government sparked an immediate angry reaction from across the political spectrum, raising the risk of a swift collapse that would further cloud the outlook for France’s stretched public finances. Author of the article: Bloomberg News William Horobin Published Sep 22, 2024 • 4 minute read hzcv9ojlxkxfgo89by2qn3k)_media_dl_1.png […]
Breadcrumb Trail Links PMN Business South Africa’s new government marks its 100th day in power on Sunday, and while the coalition has been credited with lifting market sentiment, it’s arguably President Cyril Ramaphosa’s earlier reforms that are driving the current optimism. Author of the article: Bloomberg News Colleen Goko, S’thembile Cele and Adelaide Changole Published […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Jill Lawless Published Sep 22, 2024 • 4 minute read Article content LONDON (AP) — This should be a time of celebration for Britain’s Labour Party, which opens its annual conference Sunday less than three months after winning power in a landslide […]