Breadcrumb Trail Links PMN Business The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary at the threat of inflation. Author of the article: Bloomberg News Bloomberg News Published Apr 14, 2024 • 26 minute read Shaktikanta Das Photo by Dhiraj Singh /Bloomberg […]
Article content (Bloomberg) — Oil shrugged off Iran’s unprecedented attack on Israel, with gains held in check by speculation that the conflict would remain contained. Global benchmark Brent crude initially rose just 0.7% to $91.05 a barrel, before trading flat. More than 300 missiles and drones were fired by Iran at the weekend, the first […]
Breadcrumb Trail Links PMN Business Shares in Asia slipped Monday, tracking a fall in US equities, as markets grappled with ratcheting tensions after Iran’s unprecedented attack on Israel at the weekend. Author of the article: Bloomberg News Winnie Hsu Published Apr 14, 2024 • Last updated 4 minutes ago • 3 minute read qesm35u8z2cyco3ye2jy5f{i_media_dl_1.png Bloomberg Article […]
Breadcrumb Trail Links PMN Business If the global economy is heading for a soft landing, there’s likely to be plenty of anxiety along the way. Author of the article: Bloomberg News Ramsey Al-Rikabi and Craig Stirling Published Apr 13, 2024 • 7 minute read Jerome Powell, chairman of the US Federal Reserve, from left, Kazuo […]
Article content (Bloomberg) — Alphabet Inc.’s Google will temporarily remove links to California news sites for an unspecified number of users in the state as it studies the impact of proposed legislation that would force the company to pay for serving up such content. Jaffer Zaidi, Google’s vice president of global news partnerships, said in […]
Breadcrumb Trail Links PMN Business Tomoki Yoshihara starts his shift at a meat-processing plant in rural Australia at 5am, and earns three times more butchering lamb for almost 50 hours a week than he did as a member of Japan’s military. Author of the article: Bloomberg News Momoka Yokoyama and Mia Glass Published Apr 12, […]
Breadcrumb Trail Links PMN Business Sakana AI, a Tokyo-based startup founded by former Google researchers, is capitalizing on a surge in interest among Japanese firms seeking to catch up in artificial intelligence. Author of the article: Bloomberg News Min Jeong Lee and Natsuko Katsuki Published Apr 11, 2024 • 3 minute read Article content (Bloomberg) […]
Breadcrumb Trail Links PMN Business Standard Chartered Plc says the finance industry urgently needs to update its toolbox and steer a lot more capital into protecting critical infrastructure, homes and whole cities from the fallout of global warming. Author of the article: Bloomberg News Natasha White Published Apr 10, 2024 • 3 minute read A […]
Article content (Bloomberg) — Levels of stress at German companies hit the highest level in almost four years, as Europe’s biggest economy faces a sustained period of slower growth. German corporate distress was the highest since 2020 at the start of this year, according to research published on Thursday. The study, by law firm Weil, […]
Article content (Bloomberg) — A handful of top German industrials may prove the biggest drag on quarterly results in Europe in the coming weeks, an ominous sign for the country’s benchmark DAX Index as it hovers near a record high. Carmakers BMW AG and Mercedes-Benz Group AG, chemicals giant BASF SE, drugs and crop chemicals […]