Article content (Bloomberg) — Nigeria’s annual inflation decelerated for the first time in almost two years, providing some respite to consumers who have become increasingly frustrated by the high cost of living. Consumer prices rose 33.4% in July from 34.2% a month earlier, according to data published on the website of the National Bureau of […]
Article content Mars, whose brands include M&M’s, Snickers and Skittles, is buying food company Kellanova in a deal worth nearly $30 billion, giving it access to a huge portfolio of consumer brands from Cheez-It to Pop-Tarts. Kellanova was created when the Kellogg Co. split into three companies last year. Kellanova, based in Chicago, houses many […]
Article content Home Depot’s second-quarter sales rose slightly as the nation’s biggest home improvement retailer benefitted from an $18 billion acquisition this spring, but customers continued to rein in spending because of broadly higher costs and elevated interest rates. Sales edged up to $43.18 billion, from $42.92 billion, beating the $42.57 billion that Wall Street […]
Breadcrumb Trail Links PMN Business President Volodymyr Zelenskiy urged allies to allow Ukraine to strike deep into Russian territory as his troops continue to hold ground gained in a surprise cross-border incursion last week and a missile attack killed two near Kyiv. Author of the article: Bloomberg News Daryna Krasnolutska Published Aug 11, 2024 • […]
Breadcrumb Trail Links PMN Business Hindenburg Research accused the chair of India’s market regulator of conflicts of interest which it said prevented a thorough examination of manipulation and fraud claims at the Adani Group, an allegation she strongly denied. Author of the article: Bloomberg News Menaka Doshi Published Aug 11, 2024 • Last updated 11 minutes […]
Breadcrumb Trail Links PMN Business After a tumultuous week in Bangladesh, an interim government is now in place to begin the difficult work of bringing stability and order to the South Asian nation. Author of the article: Bloomberg News Arun Devnath Published Aug 11, 2024 • 4 minute read Sheikh Hasina Photo by Christopher Pike […]
Breadcrumb Trail Links PMN Business White supremacist groups have seized on riots in the UK as a recruiting opportunity, using the Telegram messaging site to promote conspiracy theories and incite violence in their bid to lure new members. Author of the article: Bloomberg News Jeff Stone Published Aug 11, 2024 • 4 minute read Riot […]
Breadcrumb Trail Links PMN Business New official statistics from the UK offer a nuance on Leo Tolstoy’s famous observation. Happy families may all be alike, but the country’s unhappy families also have something in common: the cost-of-living crisis. Author of the article: Bloomberg News Irina Anghel Published Aug 11, 2024 • 3 minute read tqqk[xgtr{wtr}ludija[ktj_media_dl_1.png […]
Article content (Bloomberg) — Environmental activists and opposition groups are set to gather in the center of Serbia’s capital on Saturday to demand a halt to the Rio Tinto Group’s $2.4 billion plans to open Europe’s biggest lithium mine. The troubles highlight the challenges to building new mines in Europe, even as governments try […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Mauricio Savarese, Gabriela Sa Pessoa And David Koenig Published Aug 10, 2024 • 3 minute read Article content VINHEDO, Brazil (AP) — Brazilian authorities worked Saturday to piece together what exactly caused the plane crash in Sao Paulo state the prior day […]