Tag: Canada

Nov 11

Banking Tycoon Invests in New $500 Million University in Nigeria

Breadcrumb Trail Links PMN Business Herbert Wigwe, co-founder of Nigeria’s biggest bank by assets, is investing in a new $500 million university to help build skills needed for the finance and technology industries in Africa’s most-populous nation. Author of the article: Bloomberg News Emele Onu and Anthony Osae-Brown Published Nov 11, 2023  •  2 minute […]
Nov 7

RBA Resumes Rate Hikes, Lifts Hurdle to Further Tightening

Breadcrumb Trail Links PMN Business Australia’s central bank resumed raising interest rates on Tuesday in a widely anticipated move, while signaling a higher hurdle to further policy tightening that pushed the local currency lower. Author of the article: Bloomberg News Swati Pandey Published Nov 07, 2023  •  4 minute read Join the conversation bpwoasrg1u00u9{droi6c]3h_media_dl_1.png Bloomberg […]
Nov 4

China’s Fight Against Deflation May Be Far From Over

Breadcrumb Trail Links PMN Business China’s deflationary pressures just aren’t going away, underscoring the fragility of the economic recovery as 2023 enters the home stretch. Author of the article: Bloomberg News Bloomberg News Published Nov 04, 2023  •  7 minute read Join the conversation e(guv06)cx]15idjhw1(e]b4_media_dl_1.png Sources: Central banks, Bloomber Article content (Bloomberg) — China’s deflationary […]
Oct 29

The World’s Iron Ore Powerhouse Is Preparing to Reinvent Itself

Breadcrumb Trail Links PMN Business The Pilbara region has propelled Australia’s economy for decades. Now it needs to contend with the end of China’s infrastructure boom — and a greener future Author of the article: Bloomberg News David Stringer Published Oct 28, 2023  •  6 minute read Join the conversation 4(r1s78(fyxojht2tn2)}fz{_media_dl_1.png Source: Rio Tinto Article content […]
Oct 21

Fresh Growth Numbers Are Set to Show US Remains Economic Powerhouse

Breadcrumb Trail Links PMN Business The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the back of a steadfast US consumer, a challenge for Federal Reserve officials who are debating whether additional policy tightening is needed. Author of the article: Bloomberg News Vince Golle and […]