Article content (Bloomberg) — One of China’s most prominent fund managers, Wang Yawei, is currently “not involved” in the asset management company he founded, the firm said, after a report last year that he had been detained. Wang’s involvement in the operations of Qianhe Capital Management Co. is suspended because of personal reasons, the company […]
Breadcrumb Trail Links PMN Business Euro-zone leaders looking to keep populist parties at bay are unlikely to get much help from the economy this year — even if the European Central Bank cuts interest rates. Author of the article: Bloomberg News Alexander Weber Published Feb 04, 2024 • 4 minute read Join the conversation nzz}]n0m146yu0k{j4u]1qxi_media_dl_1.png […]
Article content (Bloomberg) — Australia’s government has proposed fuel efficiency standards for some vehicles, which would bring the country in line with rules introduced in the US about 50 years ago. The government’s preferred standard, released Sunday, would only apply to new passenger and light commercial vehicles, Minister for Infrastructure, Transport, Regional Development and Local […]
Article content (Bloomberg) — A fire at Lukoil PJSC’s refinery in Volgograd blamed on a downed drone was extinguished early Saturday following the latest attack by Ukraine on a Russian energy facility. “Last night, air defense and electronic warfare systems repelled a UAV attack on the territory of the Volgograd region,” Andrey Bocharov, the region’s […]
Article content (Bloomberg) — Holcim Ltd., the world’s largest cement maker, said Sunday it plans to separate its fast-growing North American business to pave the way for a listing next year in the US. The Swiss maker of building materials also named its European head, Miljan Gutovic, as chief executive officer. He will replace Jan […]
Breadcrumb Trail Links PMN Business The head of the United Nations vowed decisive action against any staff in Gaza found to have taken part in October’s attack on Israel and urged nations not to withhold funding for the “desperate populations” receiving aid as the war continues. Author of the article: Bloomberg News Augusta Saraiva and […]
Breadcrumb Trail Links PMN Business Soaring prices are driving women out of the workforce and depriving countries of billions a year in lost labor Author of the article: Bloomberg News Alice Kantor, Yuko Takeo, Ella Ceron, Catarina Saraiva, Leonardo Lara and Abeer Abu Omar Published Jan 27, 2024 • 12 minute read Join the conversation […]
Breadcrumb Trail Links PMN Business Rather than replace Russian fuel with next-generation renewables, the continent has increasingly turned to American natural gas. But it’s risky, too. Author of the article: Bloomberg News Anna Shiryaevskaya, Ruth Liao and Stephen Stapczynski Published Jan 27, 2024 • 9 minute read Join the conversation 9pi9htowsj9(ve21lz3hg38y_media_dl_1.png Source: European Commission calc […]
Article content (Bloomberg) — The United Nations fired several staffers at its Palestinian refugee agency over Israeli allegations that they took part in the Oct. 7 attack by Hamas, news that prompted the US and other countries to suspend funding. UN Secretary-General Antonio Guterres “is horrified by the news” that workers with the UN Relief […]
Breadcrumb Trail Links PMN Business The European Central Bank kept interest rates on hold for a third straight meeting and stuck with wording that suggests cuts may still be some way off. Author of the article: Bloomberg News Vince Golle and Molly Smith Published Jan 27, 2024 • 3 minute read Join the conversation 2rs8{0lglxh98]q}(1g[r62k_media_dl_1.png […]