Article content (Bloomberg) — Senegal’s Prime Minister Ousmane Sonko waved through next year’s budget, bypassing a parliamentary vote on the 6.4 trillion CFA-franc ($10.2 billion) package. Article content The plan is considered adopted unless a motion of censure is submitted in the next 24 hours, according to a letter from President Bassirou Diomaye Faye read […]
Article content (Bloomberg) — Russia launched a large-scale missile attack on Ukraine’s energy infrastructure, prompting the country’s grid operator to limit power supplies on Christmas Day. Article content Ukrainian President Volodymyr Zelenskiy said on Telegram Wednesday the assault from Moscow included 70 missiles, some of them ballistic, and more than 100 attack drones. Russia separately […]
Article content (Bloomberg) — A wave of violence spread across Mozambique following the validation of the ruling party’s victory in October’s disputed election, resulting in the deaths of at least 89 people this week. Article content The death toll has risen to more than 200 since the unrest began on Oct. 21, according to data […]
Breadcrumb Trail Links PMN Business In 2022, after the Federal Reserve started raising rates at the fastest pace in decades, some blue-chip US companies vowed to start cutting their debt loads. Those days may be over now. Author of the article: Bloomberg News Neil Callanan and Josyana Joshua Published Dec 21, 2024 • 4 minute […]
Breadcrumb Trail Links PMN Business Iceland’s new ruling coalition agreed on a platform of budget restraint to fight inflation and a referendum on continuing European Union entry talks. Author of the article: Bloomberg News Ragnhildur Sigurdardottir Published Dec 21, 2024 • Last updated 7 hours ago • 2 minute read Article content (Bloomberg) — Iceland’s new […]
Breadcrumb Trail Links PMN Business Chinese curbs on exports of three niche metals to the US have already rattled the market. Now, a bigger clampdown looks set to have far-reaching ramifications for supply chains feeding American defense and chip-making industries. Author of the article: Bloomberg News Bloomberg News Published Dec 21, 2024 • 8 minute […]
Article content (Bloomberg) — Czech billionaire Daniel Kretinsky’s industrial holding agreed to buy Enel’s stake in Slovenske Elektrarne, Slovakia’s main energy utility that also owns nuclear power plants. Article content Kretinsky’s Energeticky a Prumyslovy Holding AS will acquire the remaining 50% stake in Slovak Power Holding BV from Enel Produzione SpA, exercising an early call […]
Breadcrumb Trail Links PMN Business Luigi Mangione was formally indicted in New York on first-degree murder charges for the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson outside a midtown Manhattan hotel. Author of the article: Bloomberg News David Voreacos and Patricia Hurtado Published Dec 17, 2024 • Last updated 10 minutes ago • 3 […]
Article content (Bloomberg) — A cold snap has forced school closures and other disruptions to public life across much of Iran, as authorities grapple with a shortage of natural gas for heating and electricity generation. Article content The closure of schools and other public institutions began over the weekend across provinces in the northern half […]
Article content (Bloomberg) — President Joe Biden plans to take action on land protections, clemency and artificial intelligence in the final weeks of his administration, according to a memo to allies, as he looks to codify his legacy before Donald Trump’s inauguration. Article content The steps are the latest as Biden races to tie off […]