Article content (Bloomberg) — Aluminum extended gains to a two-year high after China, the biggest producer, tightened capacity controls across an array of metals to meet emission-cutting goals. The light metal used in everything from window frames to solar panels has climbed with other base metals this year as expected US monetary easing and China’s […]
Article content (Bloomberg) — Thai energy producer B.Grimm Power PCL is seeking as much as $600 million in private debt to build an offshore wind farm in South Korea, according to people familiar with the matter. The power firm would pledge its shares in the wind-farm project company as collateral to secure the three-year loan, […]
Breadcrumb Trail Links PMN Business A confluence of tailwinds is helping Malaysian equities outperform the region and the return of foreign funds points to further gains. Author of the article: Bloomberg News Abhishek Vishnoi Published May 30, 2024 • 3 minute read 0147ueh9ex(cqldgdgpsjucn_media_dl_1.png Bloomberg Article content (Bloomberg) — A confluence of tailwinds is helping Malaysian […]
Article content (Bloomberg) — Brookfield is nearing the purchase of a 53% stake in Neoen SA in a deal valuing the French renewable energy developer at about €6.1 billion ($6.6 billion), people familiar with the matter said. As part of the transaction, the Canadian asset manager is buying the 42%-owned by French billionaire Jacques Veyrat’s […]
Article content (Bloomberg) — Swiss voters are growing skeptical toward proposed changes to the country’s health-care system, according to the last poll ahead of a June 9 ballot. A left-wing plan to cap insurance premia at 10% of a person’s income saw its approval drop to 50%, public broadcaster SRG SSR — which commissioned the […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Jeff Mcmillan Published May 29, 2024 • 2 minute read FILE – Eric Posey, of Post Falls, Idaho, embraces a supporter in court after a jury awarded him more than $1.1 million in damages in his defamation lawsuit against conservative blogger Summer Bushnell, […]
Breadcrumb Trail Links PMN Business As OPEC+ prepares to review global oil markets, trouble is brewing in the group’s biggest customer. Author of the article: Bloomberg News Bloomberg News Published May 29, 2024 • 5 minute read o3}9pw2ciqkxoi61yegth3p6_media_dl_1.png China General Administration of Article content (Bloomberg) — As OPEC+ prepares to review global oil markets, trouble […]
Breadcrumb Trail Links PMN Business The PIF plans to increase annual deployment to as much as $70 billion a year, but international partners expect much of that will be spent locally. Author of the article: Bloomberg News Matthew Martin, Dinesh Nair and Nicolas Parasie Published May 29, 2024 • 5 minute read gha)(3ur5g(d6nvps9dq]5)v_media_dl_1.png Bloomberg, Saudi […]
Article content ATHENS, Greece (AP) — Disruptive digital attacks, many of which have been traced to Russia-backed groups, have doubled in the European Union in recent months and are also targeting election-related services, according to the EU’s top cybersecurity official. Juhan Lepassaar, head of the European Union Agency for Cybersecurity, or ENISA, told The Associated […]
Article content TOKYO (AP) — Shares were mixed in Asia on Tuesday after U.S. markets were closed for the Memorial Day holiday. Oil prices and U.S. futures were higher. Chinese markets rose after senior leaders of the ruling Communist Party met and affirmed Beijing’s determination to contain financial risks. Hong Kong’s benchmark was buoyed by […]