Breadcrumb Trail Links PMN Business Elon Musk retakes the stage a year after an unforgettably strange stunt was performed in a spandex suit. Author of the article: Bloomberg News Dana Hull Article content (Bloomberg) — Tesla has long staged splashy events to generate buzz and media coverage of forthcoming — and sometimes aspirational — products. Part revival […]
Article content In some ways solar is having too much success in China. Article content Installing panels has become so popular that Chinese officials drafted regulations to make sure developers don’t put them on land needed for other uses. And new data suggests the solar frenzy has only just begun. Solar panels have overtaken wind […]
Article content German Finance Minister Christian Lindner criticized the gas levy planned to help the country stave off a collapse of its energy sector. Article content Lindner told Bild am Sonntag that he’s less concerned about the legal aspects of the plan that have stoked controversy in Germany, than about its economic rationale. “We have […]
Breadcrumb Trail Links PMN Business The Federal Reserve, Bank of England and Sweden’s Riksbank were just a handful of central banks raising interest rates this week, underscoring the drastic tightening cycle underway as inflation grips the global economy. Author of the article: Bloomberg News Molly Smith and Vince Golle Publishing date: Sep 24, 2022 • […]
Article content (Bloomberg) — Mercedes-Benz AG is stockpiling parts it makes using natural gas in a move to keep production going for several weeks even if Germany introduces drastic fuel rationing. The German luxury automaker has produced extra parts made at its foundries in Untertuerkheim, which go into gearboxes, axles and transmission components to build […]
Article content (Bloomberg) — Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Turkey is seeking to increase gas purchases from the US and distribute some to its neighborhood, President Recep Tayyip Erdogan said, as Europe faces an energy crisis triggered by the Russian invasion of Ukraine. Article content “We want to […]
Breadcrumb Trail Links PMN Business Amid the wreckage of the great bond-market bust of 2022, there is a silver lining for some: Traders in the trenches of the $24 trillion Treasury market say it’s finally exciting again. Author of the article: Bloomberg News Michael MacKenzie and Liz Capo McCormick b7p](}0xl7f7l32p)9fouzf]_media_dl_1.png Bloomberg RSS Article content (Bloomberg) […]
Breadcrumb Trail Links PMN Business Tom Barrack emerged during Donald Trump’s 2016 campaign as the genial face of outreach to the business community and moderate Republicans. In a convention speech that stood out for its positivity, Barrack likened his friend of 40 years to a jeweler who would restore America’s “polish.” Author of the article: […]
Breadcrumb Trail Links PMN Business Understanding the real-time mix of power sources in electricity grids could be a win-win for companies and the planet. Author of the article: Bloomberg News Eric Roston Publishing date: Sep 19, 2022 • 11 minutes ago • 4 minute read • Join the conversation Transmission towers in Sydney, Australia, on Monday, […]
Article content (Bloomberg) — South Africa is facing a risk of an unprecedented level of blackouts this week after units at two of its coal-fired power plants broke down. Article content Eskom Holdings SOC Ltd. earlier on Sunday began cutting 6,000 megawatts from the national grid, in what it calls Stage 6 power cuts, after […]