Article content WELLINGTON, New Zealand (AP) — New Zealand’s immigration numbers have hit an all-time high, enabling employers to fill jobs but also putting pressure on the housing market, according to economists. The net number of immigrants was 110,000 in the year ending August, beating the previous high of 103,000 set a month earlier, according […]
Article content (Bloomberg) — China’s new-energy passenger car exports more than doubled last month, as the nation’s growing clout in the global auto market comes under pressure from Europe and the US. China-based automakers shipped 91,000 clean vehicles abroad in September, including pure-electric and plug-in hybrids, an increase of 107% from a year earlier, data […]
Article content (Bloomberg) — LG Energy Solution Ltd. soared as much as 8.3% in Seoul trading after its preliminary third-quarter earnings beat analysts’ expectations, helped by a US tax credit policy for creating jobs and attracting investment. Operating profit for the three months to Sept. 30 rose 40% from a year earlier to 731 billion […]
Breadcrumb Trail Links PMN Business China’s wind industry is the country’s latest clean energy sector to see its success draw the attention of foreign trade officials. Author of the article: Bloomberg News Bloomberg News Published Oct 10, 2023 • 4 minute read Join the conversation 2(98gqd(8q((3e(wm4q)usy6_media_dl_1.png Source: BloombergNEF Article content (Bloomberg) — China’s wind industry […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Michael R. Sisak Published Oct 10, 2023 • 4 minute read Join the conversation FILE – Former Trump Organization chief financial officer Allen Weisselberg appears during his sentencing hearing in Manhattan Supreme Court, Jan. 10, 2023, in New York. After a recent jail […]
Article content (Bloomberg) — Bond investors are starting to bet the worst ever rout in US Treasuries may soon be over. US 10-year yields slid the most since March in early Asian trade after dovish comments from Federal Reserve officials fueled speculation the US tightening cycle is about done, while jitters over the Israel-Hamas war […]
Article content (Bloomberg) — Oil steadied after its biggest jump in six months as Israel said its retaliation for attacks by militant group Hamas over the weekend had “only started,” increasing the prospect of fresh instability in the Middle East. West Texas Intermediate traded near $86 a barrel after surging 4.3% on Monday, as markets […]
Breadcrumb Trail Links PMN Business Part of the plan to save Metro Bank Holdings Plc — the UK’s best-known challenger bank — was hatched from a private-island enclave near Miami known as Billionaire Bunker. Author of the article: Bloomberg News Harry Wilson, Ezra Fieser, Jan-Henrik Förster and Giulia Morpurgo Published Oct 09, 2023 • 6 […]
Breadcrumb Trail Links PMN Business Sweden’s H2 Green Steel is in talks with governments in Canada to build a factory in northern Quebec, as the young firm tries to deliver on a promise to customers — steel produced with minimal carbon emissions. Author of the article: Bloomberg News Mathieu Dion and Rafaela Lindeberg Published Oct […]
Article content (Bloomberg) — Ferrari NV’s first fully electric model will be one of the most highly anticipated products in automotive history, and Benedetto Vigna is relishing it. Just don’t expect the chief executive officer to let much slip about the supercar before it debuts in late 2025, based on how Vigna fielded a question […]