Breadcrumb Trail Links PMN Business Vertical farming operations seek to improve food security on the storm-prone island, which imports 85% of what it eats. Author of the article: Bloomberg News Jim Wyss Publishing date: Oct 01, 2022 • 24 minutes ago • 4 minute read • Join the conversation Fiona caused at least $100 million in crop damage, estimates […]
Article content (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Article content The Swiss National Bank isn’t in a rush to reduce its balance sheet, which is likely to stay high for a long time, the central bank’s president told Neue Zürcher Zeitung. Article content “We will not reduce […]
Breadcrumb Trail Links PMN Business Ian lost its hurricane status after pummeling South Carolina with violent winds and a deadly storm surge, knocking out power to tens of thousands in the US Southeast. Author of the article: Bloomberg News Bloomberg News Article content (Bloomberg) — Ian lost its hurricane status after pummeling South Carolina with […]
Breadcrumb Trail Links PMN Business The expiration of a program that gave free meals to all public-school students leaves families carrying extra expenses. Author of the article: Bloomberg News Deena Shanker and Kelsey Butler Article content (Bloomberg) — Families across the US are suddenly finding themselves stuck with a new expense — school lunch for […]
Breadcrumb Trail Links PMN Business Elon Musk retakes the stage a year after an unforgettably strange stunt was performed in a spandex suit. Author of the article: Bloomberg News Dana Hull Article content (Bloomberg) — Tesla has long staged splashy events to generate buzz and media coverage of forthcoming — and sometimes aspirational — products. Part revival […]
Article content In some ways solar is having too much success in China. Article content Installing panels has become so popular that Chinese officials drafted regulations to make sure developers don’t put them on land needed for other uses. And new data suggests the solar frenzy has only just begun. Solar panels have overtaken wind […]
Article content German Finance Minister Christian Lindner criticized the gas levy planned to help the country stave off a collapse of its energy sector. Article content Lindner told Bild am Sonntag that he’s less concerned about the legal aspects of the plan that have stoked controversy in Germany, than about its economic rationale. “We have […]
Breadcrumb Trail Links PMN Business The Federal Reserve, Bank of England and Sweden’s Riksbank were just a handful of central banks raising interest rates this week, underscoring the drastic tightening cycle underway as inflation grips the global economy. Author of the article: Bloomberg News Molly Smith and Vince Golle Publishing date: Sep 24, 2022 • […]
Article content (Bloomberg) — Mercedes-Benz AG is stockpiling parts it makes using natural gas in a move to keep production going for several weeks even if Germany introduces drastic fuel rationing. The German luxury automaker has produced extra parts made at its foundries in Untertuerkheim, which go into gearboxes, axles and transmission components to build […]
Article content (Bloomberg) — Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey is seeking to increase gas purchases from the US and distribute some to its neighborhood, President Recep Tayyip Erdogan said, as Europe faces an energy crisis triggered by the Russian invasion of Ukraine. Article content “We want to […]