Breadcrumb Trail Links PMN Business German Chancellor Olaf Scholz may have clinched an accord on a budget for 2024, but his coalition has a lot more questions to answer about the country’s destiny. Author of the article: Bloomberg News Jana Randow and Kamil Kowalcze Published Dec 16, 2023 • 4 minute read Join the conversation […]
Breadcrumb Trail Links PMN Business Home ownership comes with concierge access to the private jet terminal next door, as well as entry to a members-only club in the city center. Author of the article: Bloomberg News Lisa Fleisher Published Dec 15, 2023 • 4 minute read Join the conversation Article content (Bloomberg) — There’s no […]
Article content (Bloomberg) — Indian imports of solar power equipment have risen rapidly this year, and the country is still highly reliant on foreign suppliers despite Prime Minister Narendra Modi’s efforts to increase self-sufficiency, according to BloombergNEF. Solar panel imports hit an 18-month high in September, while purchases of photovoltaic cells in value terms in […]
Breadcrumb Trail Links PMN Business South Africa’s National Treasury is considering withdrawing as much as half of the 497 billion rand ($27.3 billion) of contingency reserves held by the central bank to help reduce the government’s debt load or fund public-sector wages. Author of the article: Bloomberg News S’thembile Cele and Ntando Thukwana Published Dec […]
Article content (Bloomberg) — Goldman Sachs Group Inc. economists revamped their outlook for the Federal Reserve, seeing a steady course of interest-rate cuts that begins in March. Goldman’s economics team, led by Jan Hatzius, anticipates that the Fed’s preferred inflation gauge — the core PCE price index, which excludes volatile food and energy costs — […]
Article content (Bloomberg) — South African inflation slowed amid a sharp decline in fuel prices although other categories remained elevated, sending mixed signals to the central bank, which has cautioned it remains wary of ongoing cost pressures. The consumer price index rose 5.5% in November from a year earlier after a 5.9% gain in October, […]
Article content (Bloomberg) — The head of Saudi Arabia’s largest chemicals producer warned of another difficult year for the industry in 2024, as the outlook for the global economy remains weak. Demand for chemicals — used to make plastics that go into anything from cars to mobile phones — has been hit by sluggish growth […]
Article content (Bloomberg) — Czech inflation eased in November but remained well above the target as policymakers are deciding whether to start cutting borrowing costs later this month or hold off until next year. Consumer prices rose 7.3% from a year earlier, compared with 8.5% in the previous month, the statistics office in Prague said […]
Breadcrumb Trail Links PMN Business Supercharging crop seeds to better withstand drought. Breeding cows that burp out less methane. And tracking cattle to prevent deforestation. Author of the article: Bloomberg News Agnieszka de Sousa Published Dec 10, 2023 • 4 minute read Join the conversation hi0)rkpsirmmgy7l52b)w(uc_media_dl_1.png Source: Climate Policy Initiativ Article content (Bloomberg) — Supercharging […]
Breadcrumb Trail Links PMN Business China’s climate envoy said his team at COP28 is in intensive talks with the US and others to find language on fossil fuels that can bring the two-week climate summit to a successful close. Author of the article: Bloomberg News Alfred Cang Published Dec 10, 2023 • 4 minute read […]