Article content (Bloomberg) — Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of electric vehicle batteries, is in talks to launch a $1.5 billion fund to expand its global supply chain, according to a person with knowledge of the plans. The battery giant has approached sovereign wealth funds and key customers like Mercedes-Benz Group […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Tatan Syuflana And Niniek Karmini Published Jul 11, 2024 • Last updated 10 minutes ago • 3 minute read Article content JAKARTA, Indonesia (AP) — Indonesia’s anti-graft court sentenced a former agriculture minister to 10 years in prison Thursday after finding him guilty of […]
Article content (Bloomberg) — German Foreign Minister Annalena Baerbock ruled out being the Greens’ pick for chancellor at the next election, paving the way for Robert Habeck to become the party’s candidate. It’s the latest sign that the main political parties in Europe’s biggest economy are increasingly turning their focus on the vote due in […]
Article content TORONTO — Despite expectations of lower interest rates prompting homebuyers to leave the sidelines, a new report says the Bank of Canada’s quarter-point cut to its key interest rate last month did not lead to a rush in demand. The latest Royal LePage house price survey released Thursday, detailing market trends across Canada […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Elaine Kurtenbach Published Jul 11, 2024 • 3 minute read Article content Asian shares forged ahead Thursday after a blistering rally on Wall Street, with Japan’s Nikkei 225 index surging over 42,000 for the first time. Futures for the Dow Jones Industrial Average […]
Breadcrumb Trail Links PMN Energy PMN Business Author of the article: The Canadian Press Ian Bickis Published Jul 10, 2024 • 4 minute read A shareholder advocacy group is calling out Canada’s property insurers for their support of the fossil fuel industry while also raising premiums because of climate-related disasters. A wildfire rips through a […]
Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Christopher Reynolds Published Jul 10, 2024 • 2 minute read The country’s airline regulator is pressuring passengers to stay silent about its rulings on their complaints, according to a consumer rights organization.People make their way through Pearson Airport in Mississauga, Ont. on Tuesday, […]
Article content (Bloomberg) — European stocks edged higher following fresh highs for US equities as traders held to bets the Federal Reserve will cut interest rates this year. The Euro Stoxx 600 benchmark climbed about 0.2% before paring the advance. Basic resources stocks declined as prices for crude oil and base metals fell. Futures on […]
Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Bob Weber Published Jul 09, 2024 • 3 minute read A prominent Alberta company has agreed to pay $3 million in fines for misleading the province’s utilities watchdog about its costs in two separate projects. The ATCO logo is seen in this undated […]
Breadcrumb Trail Links PMN Business Singapore state-owned investor Temasek Holdings Pte’s bets in China have soured further, as the US and India played a bigger role in generating returns. Author of the article: Bloomberg News David Ramli and Low De Wei Published Jul 09, 2024 • 5 minute read ftdj}uoe5]w[i2r87l3j79{x_media_dl_1.png Bloomberg Article content (Bloomberg) — […]