Breadcrumb Trail Links PMN Business Healthy US employment gains continued in March while wage growth moderated, indicating the nation’s labor market is poised to keep stoking the economy with limited risk of an inflation resurgence. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Mar 30, 2024 • 6 minute read a]vn1aech9fdw3tmmzeg18sh_media_dl_1.png […]
Breadcrumb Trail Links PMN Business Japan still relies on fossil fuels to generate more than 70% of its power. Author of the article: Bloomberg News Aaron Clark and Shoko Oda Published Mar 27, 2024 • 3 minute read eyifx0s55{4vc07a5r672ct}_media_dl_1.png Source: RE100 Article content (Bloomberg) — Amazon.com Inc., the world’s biggest corporate buyer of clean electricity, delivered […]
Breadcrumb Trail Links PMN Business Stocks in Asia are set for a muted open after US benchmarks wiped out gains in the final half hour of trading, with investors rebalancing their portfolios after a rally that’s already topped $4 trillion this year. Author of the article: Bloomberg News Rob Verdonck and Rita Nazareth Published Mar […]
Breadcrumb Trail Links PMN Business Asian stocks were mostly set to open weaker after US equities pulled back from a rally that drove the S&P 500 to multiple records, spurring speculation the market has gone too far, too fast. Author of the article: Bloomberg News Jason Scott Published Mar 25, 2024 • 5 minute read […]
Breadcrumb Trail Links PMN Business The founder of China’s world-beating battery manufacturer is pressing ahead with expansion in the face of a global slowdown in electric-vehicle sales growth. Author of the article: Bloomberg News Bloomberg News Published Mar 25, 2024 • 4 minute read pqfszvbhshk49[5{3mvkxfu(_media_dl_1.png Source: SNE Research, China Auto Article content (Bloomberg) — The […]
Breadcrumb Trail Links PMN Business The Federal Reserve’s preferred measure of underlying US inflation probably remained uncomfortably high in February, showing why central bankers are wary about cutting interest rate too soon. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Mar 23, 2024 • 6 minute read 33cgee6k3{0pvaatijut3ey0_media_dl_1.png Source: Statistics Sweden, […]
Breadcrumb Trail Links PMN Business On many weekends, dozens of people line up in a nondescript alleyway in east London to shop at sample sales: designer clothing offered at discounts that typically stretch to 70% or more. Author of the article: Bloomberg News Eliza Ronalds-Hannon, Giulia Morpurgo and Jill R. Shah Published Mar 23, 2024 […]
Article content (Bloomberg) — Canada’s equities benchmark index closed at a new all-time high Thursday on the backs of bank stocks, surging commodity prices and a rally in the country’s growing tech sector. The S&P/TSX Composite Index climbed to 22,087.26, setting its first record since 2022, as financial and real estate stocks led a broad-based […]
Breadcrumb Trail Links PMN Business Lululemon Athletica Inc. said visits to US stores slowed at the beginning of the year, leading to a lower-than-expected sales outlook for the first quarter and full year. The shares fell in extended trading. Author of the article: Bloomberg News Jeannette Neumann Published Mar 21, 2024 • 2 minute read […]
Article content (Bloomberg) — Oil prices are set to rise well above the current consensus view of $70 to $90 a barrel if the US Federal Reserve cuts interest rates in coming months, according to Carlyle Group LP’s Jeff Currie. “I want to be long oil and the rest of the commodity complex in this […]