Article content (Bloomberg) — An Indiana recycling plant that tapped municipal bond investors for capital six years ago has filed for bankruptcy after the facility was marred by design flaws and production sputtered. Article content Brightmark Plastics Renewal LLC, which converts waste plastic into fuel, filed for Chapter 11 on Sunday, listing assets and liabilities […]
Article content TORONTO — The Canadian Press/La Presse Canadienne is nominated for four National Newspaper Awards, including one for a photo of people giving former prime minister Justin Trudeau the finger while posing for a selfie. Article content CP freelance photographer David Lipnowski is nominated in the feature photo category for his shot of a […]
Article content (Bloomberg) — European stocks posted a third straight session of gains after German lawmakers voted for a bill set to unlock hundreds of billions of euros in defense and infrastructure spending. Article content The Stoxx Europe 600 Index ended the session 0.6% higher. The gauge trades just 1.6% below its all-time high in early March […]
Article content TORONTO — A new report suggests a vast majority of Black Canadians feel their employer has made progress in creating a more equitable workplace, but more than three-quarters said they still encounter varying degrees of racism at work. Article content The Canadian arm of advisory firm KPMG said in a report released Tuesday […]
Breadcrumb Trail Links PMN Business The first data center complex for OpenAI’s $100 billion Stargate infrastructure venture will have space for as many as 400,000 of Nvidia Corp.’s powerful AI chips — an amount that, if filled, would make it one of the largest known clusters of artificial intelligence computing power. Author of the article: […]
Article content (Bloomberg) — European stocks gained as resources sectors received a boost after China said it would take steps to revive consumption. Article content The Stoxx Europe 600 Index rose 0.8% at the close in London. Oil rose for a second day, lifting the energy sector, after China said it is planning to boost people’s incomes […]
Breadcrumb Trail Links PMN Business President Donald Trump’s top trade negotiator is attempting to inject order into sweeping new tariffs expected next month, after previous announcements roiled markets and fueled business uncertainty. Author of the article: Bloomberg News Jenny Leonard, Nancy Cook and Josh Wingrove Published Mar 17, 2025 • 5 minute read A container […]
Article content (Bloomberg) — Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to reshape its economic policies. Article content “I’ve been in the investment business for 35 years, and I can tell you […]
Breadcrumb Trail Links PMN Business A plunge in global risk appetite is pushing emerging-market investors into higher quality dollar bonds, signaling a years-long rally in junk debt from developing nations might be at an end. Author of the article: Bloomberg News Zijia Song and Carolina Wilson Published Mar 16, 2025 • 4 minute read 0{g{q]369j3ig5d[dtb8tnz{_media_dl_1.png […]
Article content TAIPEI, Taiwan (AP) — A Chinese shipyard has completed a second submarine for the Pakistan navy, further strengthening military ties between the two countries. Article content The diesel-electric Hangor class craft was launched on Thursday at China Shipbuilding Industry Corporation’s shipworks in the central city of Wuhan on the Yangtze River, Chinese state […]