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 […]
Breadcrumb Trail Links PMN Business The Fed chief has been reluctant to make a call on how the US economy has changed since the pandemic. Author of the article: Bloomberg News Craig Torres Published Mar 17, 2024 • 5 minute read Join the conversation 7t85g5o)zj75ve698mpi4[c(_media_dl_1.png Source: Federal Reserve Article content (Bloomberg) — For Rick Plympton, […]
Breadcrumb Trail Links PMN Business Japan’s chief executives are preparing their businesses for the first rate hike since 2007, with the central bank widely expected to end its negative interest rate policy within weeks, or even days. Author of the article: Bloomberg News Reed Stevenson, Haslinda Amin and Grace Huang Published Mar 17, 2024 • […]
Article content (Bloomberg) — Australia’s carbon emissions aren’t dropping fast enough to reach its 2030 climate target, Oxford Economics said, as the rollout of renewable energy takes longer than initially anticipated. Australia is set to miss the goal by a couple of years, Oxford said Monday in an analysis contained in its bi-annual economic outlook. […]
Breadcrumb Trail Links PMN Business Vladimir Putin secured another six years as Russia’s president to step up his war in Ukraine and challenge the West, with the Kremlin claiming record public support for him in a vote whose outcome was pre-determined. Author of the article: Bloomberg News Bloomberg News Published Mar 17, 2024 • Last […]