Article content (Bloomberg) — BP Southern Africa (Pty) Ltd. and Shell Downstream South Africa (Pty) Ltd. have reached an agreement to sell their respective 50% stakes in assets held by the nation’s largest refinery to state-owned Central Energy Fund SOC Ltd. The sale includes the oil companies’ interests in the land at SAPREF (Pty) Ltd. […]
Article content MILAN (AP) — Luciano Benetton, a co-founder of the apparel brand, announced he was stepping down as chairman in an interview published on Saturday with Milan daily Corriere della Sera. He blamed current management for losses of 100 million euros ($108.5 million) that he discovered last year. Benetton, 89, returned to the apparel […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Mogomotsi Magome, Gerald Imray And Farai Mutsaka Published May 25, 2024 • Last updated 8 hours ago • 4 minute read Article content JOHANNESBURG (AP) — South Africa’s four main political parties began the final weekend of campaigning Saturday before a possibly pivotal election […]
Breadcrumb Trail Links PMN Business As investigators closed in on their biggest target of Kazakhstan’s anti-corruption campaign, they uncovered clues in Kairat Satybaldyuly’s meticulous notes. Author of the article: Bloomberg News Nariman Gizitdinov Published May 25, 2024 • 5 minute read izfi4ardu6x2io6jb23aeeqf_media_dl_1.png World Bank, IMF, Bloomberg Article content (Bloomberg) — As investigators closed in on […]
Article content WATERBURY, Conn. (AP) — The estate of a young dancer who died after eating a mislabeled cookie containing peanuts has filed a wrongful death lawsuit, claiming the failure to properly label the package was grossly negligent. “rla Ruth Baxendale, 25, died Jan. 11 after eating a Florentine cookie sold by grocery retailer Stew […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Matthew Daly Published May 24, 2024 • 7 minute read Article content WASHINGTON (AP) — As he tries to secure his legacy, President Joe Biden has unleashed a flurry of election-year rules on the environment and other topics, including a landmark regulation that […]
Article content (Bloomberg) — Indian power generation firm Tata Power Co. is planning to raise as much as $1 billion-equivalent for clean energy projects, in what could be the country’s largest local currency loan this year. The unit of Tata Group, one of India’s largest conglomerates, is in talks with lenders including State Bank of […]
Breadcrumb Trail Links PMN Business The Aland Islands are variously described as the lock to Finland, a pistol pointed at Sweden, and a beacon of peace. Author of the article: Bloomberg News Danielle Bochove and Leo Laikola Published May 23, 2024 • 7 minute read wzlptvk9kzxr5sp6)hpeskk7_media_dl_1.png Baltic Marine Environment Protec Article content (Bloomberg) — On […]
Breadcrumb Trail Links PMN Business Something’s stirring in the world’s fourth-biggest economy. After decades of growth slow enough to make deflation the central bank’s biggest worry, Japan’s prices and wages are rising. Its stock market, too. Even interest rates have gone up for the first time in 17 years — they’re actually slightly positive now. Author […]
Breadcrumb Trail Links PMN Business Its creators hope to take the concept—part immersive theater, part interactive dining—to cities worldwide. Author of the article: Bloomberg News Mia Glass Published May 23, 2024 • 5 minute read Article content (Bloomberg) — Watching grown men and women voluntarily put on voluminous, red and black cancan skirts and participate […]