Breadcrumb Trail Links PMN Business After a tumultuous week in Bangladesh, an interim government is now in place to begin the difficult work of bringing stability and order to the South Asian nation. Author of the article: Bloomberg News Arun Devnath Published Aug 11, 2024 • 4 minute read Sheikh Hasina Photo by Christopher Pike […]
Breadcrumb Trail Links PMN Business White supremacist groups have seized on riots in the UK as a recruiting opportunity, using the Telegram messaging site to promote conspiracy theories and incite violence in their bid to lure new members. Author of the article: Bloomberg News Jeff Stone Published Aug 11, 2024 • 4 minute read Riot […]
Article content (Bloomberg) — China has lodged a complaint with the World Trade Organization over the European Union’s decision to impose anti-subsidy duties on Chinese electric vehicles, escalating a dispute that’s straining their already fraught relationship. Beijing brought the case to the WTO’s dispute settlement mechanism on Friday, according to a statement from the Ministry […]
Breadcrumb Trail Links PMN Business China’s economy has leaned on industrial production to keep growing this year, and data in the coming week will provide clues on how strong that support remains. Author of the article: Bloomberg News Katia Dmitrieva and Craig Stirling Published Aug 03, 2024 • Last updated 4 hours ago • 7 minute […]
Breadcrumb Trail Links PMN Business Federal Reserve officials are on the verge of lowering borrowing costs within months, a move Chair Jerome Powell may signal in the coming week as the risks grow of imperiling a solid but moderating job market. Author of the article: Bloomberg News Reade Pickert Published Jul 27, 2024 • Last […]
Breadcrumb Trail Links PMN Business The runway toward a Federal Reserve interest-rate cut will come more into focus in the coming week amid fresh signs inflation is abating and economic activity is simmering down. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jul 20, 2024 • Last updated 3 hours ago • […]
Article content (Bloomberg) — Ocado Group Plc shares surged as the provider of robotic warehouses narrowed its losses, even after delays from some key customers. The British company nearly halved its pretax loss for the first half of the year to £154 million ($200 million), a better result than analysts expected, and said cash flow […]
Breadcrumb Trail Links PMN Business Canadian Finance Minister Chrystia Freeland denied that there’s growing friction between her office and that of Prime Minister Justin Trudeau. Author of the article: Bloomberg News Brian Platt Published Jul 12, 2024 • 3 minute read Chrystia Freeland, Canada’s deputy prime minister and finance minister, during an interview in New […]
Article content (Bloomberg) — Two units of Singapore-based Royal Golden Eagle, owned by Indonesian tycoon Sukanto Tanoto, are in the midst of obtaining sustainability-linked loans as the group aims to shift its fundraising to environmentally-friendly options. The firm’s palm oil unit, Apical Group, is in discussions with lenders for financing that comes with commitments from […]
Breadcrumb Trail Links PMN Business The Federal Reserve’s favored inflation yardsticks are poised to show the tamest monthly advances since late last year — a stepping stone for officials to begin lowering interest rates, possibly as soon as September. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Jun 22, 2024 • […]