Article content (Bloomberg) — James K. Irving, the Canadian billionaire who expanded his family’s forest products business into a conglomerate and founded a record tree-planting program, has died. He was 96. Irving died in Saint John, New Brunswick, his family announced on Friday. He is survived by four children, Jim, Robert, Mary-Jean and Judith, 14 […]
Breadcrumb Trail Links PMN Business UK retail sales last month jumped at the strongest pace since January as consumers returned to shops to buy everything from clothes to furniture after a rainy April. Author of the article: Bloomberg News Irina Anghel and Philip Aldrick Published Jun 21, 2024 • 2 minute read A shoppers walk […]
Article content (Bloomberg) — Singapore has turned into a hive of activity for mergers and acquisitions this quarter as investor confidence returns, helped by the relative economic and political stability of the island nation nestled in Southeast Asia. The flurry of action in just the past few days includes a KKR & Co.-Singapore Telecommunications Ltd. […]
Breadcrumb Trail Links PMN Business German Vice Chancellor Robert Habeck is set to arrive in Beijing for talks with top leaders in the world’s No. 2 economy, with looming European tariffs on Chinese electric cars high on his agenda. Author of the article: Bloomberg News Bloomberg News Published Jun 21, 2024 • 4 minute read […]
Breadcrumb Trail Links PMN Business Summer used to be a slow season for Europe’s gas market, but for a third year in a row, it’s shaping up to be full of tension. Author of the article: Bloomberg News Anna Shiryaevskaya Published Jun 19, 2024 • 3 minute read ln2]ucnuok79v}({ntrpgh1u_media_dl_1.png Eustream Article content (Bloomberg) — Summer […]
Article content (Bloomberg) — India will add more new coal power capacity than it has in almost a decade this year, as the country rushes to deploy generation to cope with surging electricity demand. The world’s most populous nation expects to add 15.4 gigawatts in the year through March 2025, the most in nine years, […]
Article content (Bloomberg) — Family offices in Asia can take advantage of an emerging funding gap for developing climate technologies, according to Barclays Plc. Venture capitalists continue to back early-stage innovations, while infrastructure investors are focused on solutions being deployed at scale. That’s left an obvious gap, said Daniel Hanna, global head of sustainable finance […]
Breadcrumb Trail Links PMN Business Australia’s central bank kept interest rates at a 12-year high and highlighted that inflation is proving sticky, suggesting it will be some time before policymakers are ready to signal easing. Author of the article: Bloomberg News Swati Pandey Published Jun 18, 2024 • 3 minute read 0fvy2kn2h0awrh[[}ejv[sz)_media_dl_1.png ABS, UK Office […]
Breadcrumb Trail Links PMN Business China’s housing slump deepened in May and triggered new calls for the government to pump cash and credit into the economy, while industrial output — which has kept growth on track — fell short of forecasts. Author of the article: Bloomberg News Bloomberg News Published Jun 17, 2024 • 4 […]
Article content (Bloomberg) — Britain’s Liberal Democrat Party leader set out a path to rejoin the European Union’s single market, saying businesses need closer ties with the trading bloc to prosper. Ed Davey blamed the Conservative government for poor relations with the bloc after Britain voted to leave in 2016. He said it “might take […]