Category: PMN Business

Aug 25

French authorities arrest Telegram CEO Pavel Durov at a Paris airport, French media report

Article content PARIS (AP) — The founder and CEO of the popular encrypted messaging service Telegram was detained at a Paris airport, French media reported Sunday. Pavel Durov was detained at the Paris Le Bourget airport on Saturday evening after landing in France from Azerbaijan, according to broadcasters LCI and TF1. Investigators from the National […]
Aug 25

China opposes US sanctions on firms over alleged ties to Russia’s war efforts

Article content BEIJING (AP) — China on Sunday expressed its opposition to the latest U.S. sanctions on Chinese companies over their alleged ties to Russia’s war in Ukraine, saying it will adopt necessary measures to safeguard the rights and interests of the country’s businesses. The U.S. on Friday announced sweeping sanctions on hundreds of firms […]
Aug 24

Ukraine Jittery Over Funding Delays From Frozen Russian Assets

Breadcrumb Trail Links PMN Business Ukrainian officials are growing wary over delays in finalizing a deal that would unlock $50 billion in support by harnessing the profits of frozen Russian central bank assets, according to people familiar with the matter. Author of the article: Bloomberg News Daryna Krasnolutska, Alberto Nardelli and Jenny Leonard Published Aug […]
Aug 24

Scramble for Critical Minerals Spurs an African Rail Revival

Article content (Bloomberg) — Southern Africa’s railways are suddenly getting global attention and attracting billions of dollars in investment, with a race to secure copper supplies needed for the energy transition at its center. From Angola on the continent’s west coast to Tanzanian on the east, governments and investors are readying to revive decades-old rail […]
Aug 24

Diamond Sports will continue to broadcast NHL, NBA games through upcoming season

Article content HOUSTON (AP) — The largest broadcaster of regional sports networks across the country will continue to televise games for more than a dozen NBA teams and nine NHL teams through the 2024-2025 season even as it moves through bankruptcy proceedings, according to court filings on Friday. Diamond Sports Group, which broadcasts the Bally-branded […]
Aug 18

Safety at Russian-Occupied Nuclear Plant Worsens After Drone Strike

Article content (Bloomberg) — Safety at the Russian-occupied Zaporizhzhia nuclear power plant in southern Ukraine is deteriorating after a drone strike Saturday, International Atomic Energy Agency monitors warned.  On Saturday, a drone exploded close to essential cooling water sprinkler ponds about 100 meters from the only remaining 750 kilovolt line providing a power supply to […]
Aug 18

Trump Jabs Harris on Inflation Before Pivoting to Her Laugh

Breadcrumb Trail Links PMN Business Former President Donald Trump sought to tie Vice President Kamala Harris to high inflation during President Joe Biden’s administration, before pivoting to off-the-cuff criticisms, which he said allies have urged him to avoid. Author of the article: Bloomberg News Mark Niquette Published Aug 18, 2024  •  4 minute read Former […]