Article content (Bloomberg) — The yen hovered around the psychological 145 level versus the dollar and within reach of its weakest level this year as a persistently wide interest-rate gap with the US weighs on the Japanese currency. Investors are on guard for any sharp moves as traders return in Tokyo following a holiday in […]
Article content (Bloomberg) — Contact Energy expects to have more than 95% of its New Zealand generation renewable by mid-2027 as it moves forward with plans to build new geothermal and solar-powered plants. The company plans to apply for consent to build a 160 megawatt solar farm northwest of Auckland before the end of this […]
Breadcrumb Trail Links PMN Business While the cause of the deadly Maui fires remains under investigation, lawyers are sending experts to the island to look into utility power lines as being a possible source of ignition. Author of the article: Bloomberg News Mark Chediak and Jef Feeley Published Aug 12, 2023 • 4 minute read […]
Breadcrumb Trail Links PMN Business China’s economy is showing little sign of a rebound, with fresh stress in the property market and deflation threatening the growth outlook. Author of the article: Bloomberg News Bloomberg News Published Aug 12, 2023 • 6 minute read Join the conversation p{z5h5020x6orv[[8um4i6j0_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — China’s economy […]
Breadcrumb Trail Links PMN Business Across Wall Street, there’s growing relief that the Federal Reserve — at long last — may be done raising interest rates. But that doesn’t mean turbulence in the bond market will soon become a thing of the past. Author of the article: Bloomberg News Liz Capo McCormick, Michael Mackenzie and […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Claire Savage Published Aug 12, 2023 • 3 minute read Join the conversation Article content CHICAGO (AP) — Illinois is the first state in the U.S. to ensure child social media influencers are compensated for their work, according to Sen. David Koehler, of […]
Article content (Bloomberg) — Argentina’s state-run energy company Enarsa has cancelled another shipment of liquefied natural gas, according to a person familiar with the matter. This cancellation was because of low demand resulting from warmer-than-usual winter temperatures in the South American country, said the person who asked not to be named because the information is […]
Article content (Bloomberg) — Bill Gross, the one-time bond king, said stock and bond bulls are wrong, as both markets are “overvalued.” The former chief investment officer of Pacific Investment Management Co., speaking in an interview on Bloomberg Television, said the fair value of the 10-year Treasury yield is about 4.5%, compared with the current […]
Article content Aurora Cannabis Inc. shaved $590.4 million off its net loss in its most recent quarter as it continued its search for savings and began laying the groundwork for a future orchid business. The Edmonton-based pot business revealed Thursday that its first quarter net loss amounted to $28.3 million compared with a net loss […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Sophie Austin Published Aug 09, 2023 • 4 minute read Join the conversation FILE – A man pushes a stroller near the AES power plant in Redondo Beach, Calif., Sept. 7, 2022. The California Energy Commission voted Wednesday, Aug. 9, 2023, to extend […]