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 […]
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 […]
Article content (Bloomberg) — The United Nations fired several staffers at its Palestinian refugee agency over Israeli allegations that they took part in the Oct. 7 attack by Hamas, news that prompted the US and other countries to suspend funding. UN Secretary-General Antonio Guterres “is horrified by the news” that workers with the UN Relief […]
Breadcrumb Trail Links PMN Business The European Central Bank kept interest rates on hold for a third straight meeting and stuck with wording that suggests cuts may still be some way off. Author of the article: Bloomberg News Vince Golle and Molly Smith Published Jan 27, 2024 • 3 minute read Join the conversation 2rs8{0lglxh98]q}(1g[r62k_media_dl_1.png […]
Article content (Bloomberg) — Halliburton Co. joined rival SLB in boosting its quarterly dividend as the world’s biggest oilfield contractors gear up for an international boom amid slowing shale work. The top provider of fracking services will lift its payout by 6% to 17 cents a share, the highest since the onset of the pandemic, […]
Breadcrumb Trail Links PMN Business A week of Tory rebellions and cataclysmic polls has left members of UK Prime Minister Rishi Sunak’s governing party plumbing new depths of despair over their prospects of staying in power at a general election in the next year. Author of the article: Bloomberg News Alex Wickham and Kitty Donaldson […]
Article content (Bloomberg) — Democratic Republic of Congo’s electoral commission, CENI, defended the major delays snarling the country’s Dec. 20 polls as the commission began Friday to release a small sampling of results. The commission has come under fire from opposition politicians and election observers after the vote continued into a second day when […]
Breadcrumb Trail Links PMN Business All eyes will be on the Bank of Japan when it sets policy on Tuesday, as Governor Kazuo Ueda continues to inch toward ending the world’s last negative interest-rate regime. Author of the article: Bloomberg News Brian Fowler and Craig Stirling Published Dec 16, 2023 • 5 minute read Join […]
Article content (Bloomberg) — China Southern Power Grid Co., the country’s second-largest electricity supplier, is considering a bid for the stakes held by Canadian pension funds in Transelec SA, according to people familiar with the matter. The Chinese state-owned utility, which already holds almost 28% of Chile’s biggest power-transmission company, is working with a financial […]