Article content (Bloomberg) — BASF SE is accelerating a planned divestment from two joint ventures in China’s Xinjiang region following reports of alleged human rights violations. The German chemicals company didn’t say when the sale of its stakes in the two companies — Korla-based Markor Chemical Manufacturing Co. and Markor Meiou Chemical Co. — would […]
Article content (Bloomberg) — The deadly fires across Chile that killed at least 130 people and sent air quality levels into dangerous territory are just another example of how weather and climate can raise risks around the world, said Glory Dolphin Hammes, chief executive of Swiss-based IQAir’s North American division.Firefighters in the region have most […]
Article content (Bloomberg) — South African President Cyril Ramaphosa’s state-of-the-nation speech was met with predictable skepticism as he laid out the country’s progress since White rule ended 30 years ago. But the most important thing was probably what he left unsaid. He committed to extending welfare grants but made no concrete ballot-box spending pledges to […]
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 […]