Breadcrumb Trail Links PMN Business The world’s largest publicly traded fund manager that focuses on sustainability reported its largest-ever outflows in the first half of 2024. Author of the article: Bloomberg News Gautam Naik Published Jul 26, 2024 • 7 minute read Article content (Bloomberg Markets) — For more than 25 years, Impax Asset Management […]
Breadcrumb Trail Links PMN Business The tech-led stock rout paused on Friday as traders awaited key US inflation data for clues on the timing of interest-rate cuts amid fears of a sharper-than-expected economic slowdown. Author of the article: Bloomberg News Alex Nicholson and Selcuk Gokoluk Published Jul 26, 2024 • 3 minute read edc[sab9t2om5wb2c8tzao3a_media_dl_1.png Bloomberg […]
Breadcrumb Trail Links PMN Business For Venezuela’s authoritarian President Nicolas Maduro, hanging on to power might be the easy part. Author of the article: Bloomberg News Andrew Rosati and Fabiola Zerpa Published Jul 25, 2024 • 4 minute read ostd0eh325y(g9umhneb75em_media_dl_1.png Bloomberg Article content (Bloomberg) — For Venezuela’s authoritarian President Nicolas Maduro, hanging on to power […]
Breadcrumb Trail Links PMN Business Laos, which has racked up more debt than it can repay, could explore swapping debt for equity with its biggest creditor China to avoid an eventual default, the Southeast Asian nation’s central bank chief said. Author of the article: Bloomberg News Philip J. Heijmans Published Jul 25, 2024 • 2 […]
Breadcrumb Trail Links PMN Business South Africa is falling short of its ambitious targets and commitments to combat and prepare for climate change, an advisory body appointed by the nation’s president said. Author of the article: Bloomberg News Antony Sguazzin Published Jul 25, 2024 • 3 minute read cl50gb7cy[hxf1e}3u0o7xur_media_dl_1.png Bloomberg Article content (Bloomberg) — South […]
Breadcrumb Trail Links PMN Business Israeli far-right cabinet member Itamar Ben Gvir took the unusual step of endorsing Donald Trump as the next US president, saying a return of the ex-leader would bolster the chances of victory against Iran’s allied militant groups and the Islamic Republic itself. Author of the article: Bloomberg News Galit Altstein […]
Article content (Bloomberg) — Hungary called on the European Union to broker a solution with Ukraine after Kyiv decided to bar the transit of crude from a major Russian oil supplier. The European Commission has convened a so-called trade committee meeting for Wednesday to discuss the standoff, which Hungary and Slovakia argue threatens their energy […]
Article content (Bloomberg) — South Africa’s inflation rate fell slightly in June, touching a six-month low and potentially encouraging the central bank to consider cutting borrowing costs later this year. Consumer prices rose 5.1% in June from a year earlier, compared with 5.2% in the prior month, Pretoria-based Statistics South Africa said Wednesday in a […]
Article content (Bloomberg) — US greenhouse gas emissions are not falling fast enough to meet the Biden administration’s goal of cutting greenhouse gas pollution by at least half in 2030, compared with 2005 levels, according to new analysis by research firm Rhodium Group. The group said the Inflation Reduction Act, passed in 2022, has helped […]
Article content (Bloomberg) — Oil steadied near a six-week low as traders waited for fresh clues on market balances, including the outlook for US stockpiles. Global benchmark fluctuated around $82 a barrel after shedding more than 3% over the previous two sessions, while West Texas Intermediate traded near $78. The recent drop came amid sales […]