Article content (Bloomberg) — European Union member states and the parliament struck an accord to increase energy efficiency across the economy as part of plans to cut emissions and diversify away from Russian oil and gas. Article content The two sides agreed to reduce energy consumption by 11.7% by the end of the decade. While […]
Article content (Bloomberg) — European Commission President Ursula von der Leyen condemned what she called Russia’s “indiscriminate” missile attacks on Ukraine and said the Kremlin’s “deliberate targeting” of civilians and energy infrastructure is a war crime. Ukrainian President Volodymyr Zelenskiy said that Russia’s “massive” missile barrage had killed six Ukrainians Thursday. It also triggered temporary […]
Article content (Bloomberg) — The Canadian pension fund signed up for two floors in Henderson Land Development Co.’s new Hong Kong office building, according to people familiar with the matter, a win for the developer amid record-high vacancy for skyscrapers in the Asian financial hub. Article content Canada Pension Plan Investment Board will move from […]
Article content (Bloomberg) — Norway’s inflation slowed last month more than expected, reducing the room for bets the central bank will need to opt for a stronger and longer interest-rate tightening, and prices in Denmark showed a similar trajectory. Article content Norway’s headline inflation rate declined on year to 6.3% in February, versus the median […]
Breadcrumb Trail Links PMN Business Karpowership, the Turkish company seeking to supply 1,220 megawatts of electricity to South Africa, had its environmental application to moor a ship-mounted power plant at the port of Saldanha Bay suspended after allegations that the views of small-scale fisheries were misrepresented. Author of the article: Bloomberg News Antony Sguazzin Published […]
Article content (Bloomberg) — Russia launched its first massive missile attack in almost a month early Thursday against cities across Ukraine, leaving at least five people dead and causing emergency power cut offs as well as train delays. The five were killed in their homes near Lviv in western Ukraine as a Russian missile hit […]
Article content (Bloomberg) — Credit Suisse Group AG delayed the publication of its annual report and compensation details for 2022 after US regulators raised last-minute technical queries on previous statements. The Zurich-based lender was due to publish the reports on Thursday morning but received a late call from the Securities and Exchange Commission on Wednesday […]
Breadcrumb Trail Links PMN Business As NATO allies make a show of unity in support of Ukraine, a rift between Germany and Poland risks undermining a joint effort to supply Kyiv’s forces. Author of the article: Bloomberg News Piotr Skolimowski and Natalia Ojewska Published Mar 05, 2023 • 4 minute read Join the conversation Article […]
Breadcrumb Trail Links PMN Business US futures declined along with Asian equities Thursday as Treasury yields continued to edge higher following another round of hawkish comments by Federal Reserve officials. Author of the article: Bloomberg News Brett Miller Published Mar 02, 2023 • 3 minute read Join the conversation “It’s almost impossible to argue for […]
Article content (Bloomberg) — Australia’s energy minister has ruled out a ban on new coal mines as part of the country’s overhaul of climate policy. Article content “That’s not part of our agenda,” Chris Bowen said when asked directly about the prospects for a ban on the ABC’s Insiders TV program on Sunday. “It won’t […]