Breadcrumb Trail Links PMN Business As most countries struggle to install clean energy fast enough, Germany tackled the industry’s toughest problem: slow permitting. Author of the article: Bloomberg News Marilen Martin and Akshat Rathi Published Aug 27, 2024 • 3 minute read Wind turbines at an onshore windfarm, opeated by Encavis AG, near Brandenburg an […]
Breadcrumb Trail Links PMN Business The topsy-turvy US presidential election has Wall Street racing to adjust its bets as Democratic party candidate Vice President Kamala Harris keeps surging in the polls against the once presumptive favorite, Republican former President Donald Trump. Author of the article: Bloomberg News Esha Dey Published Aug 27, 2024 • 4 […]
Article content (Bloomberg) — Shares in Saudi Arabia’s top telecom company rose the most in almost a decade after the company announced plans to boost quarterly dividends and said it may consider handing over more money to investors via special payments. Saudi Telecom Co. jumped more than 9.9% at the start of trading on the […]
Article content (Bloomberg) — Southern Africa’s railways are suddenly getting global attention and attracting billions of dollars in investment, with a race to secure copper supplies needed for the energy transition at its center. From Angola on the continent’s west coast to Tanzanian on the east, governments and investors are readying to revive decades-old rail […]
Article content (Bloomberg) — Safety at the Russian-occupied Zaporizhzhia nuclear power plant in southern Ukraine is deteriorating after a drone strike Saturday, International Atomic Energy Agency monitors warned. On Saturday, a drone exploded close to essential cooling water sprinkler ponds about 100 meters from the only remaining 750 kilovolt line providing a power supply to […]
Breadcrumb Trail Links PMN Business Former President Donald Trump sought to tie Vice President Kamala Harris to high inflation during President Joe Biden’s administration, before pivoting to off-the-cuff criticisms, which he said allies have urged him to avoid. Author of the article: Bloomberg News Mark Niquette Published Aug 18, 2024 • 4 minute read Former […]
Breadcrumb Trail Links PMN Business Turkey, seeking to extend its influence in Africa and strengthen energy security, will send the 86-meter long research vessel Oruc Reis to explore offshore oil blocks belonging to Somalia next month. Author of the article: Bloomberg News Simon Marks and Mohamed Sheikh Nor Published Aug 18, 2024 • 5 minute […]
Article content (Bloomberg) — Russian gas producer Novatek PJSC seems to be pushing ahead with an expansion project at its Arctic LNG 2 plant despite Western energy sanctions. A small fleet of tug vessels towing a second production train has approached the site of the plant on Saturday, according to ship-tracking data. The platform left […]
Breadcrumb Trail Links PMN Business Utilities stocks have emerged as an unlikely favorite of investors in Asia, and bets are growing that their standout rally this year has further to go. Author of the article: Bloomberg News Bloomberg News Published Aug 16, 2024 • 4 minute read gl)gc3al0e0fcp1p656z1pv}_media_dl_1.png Bloomberg Article content (Bloomberg) — Utilities stocks […]
Article content (Bloomberg) — A bankrupt English council sued a solar-panel entrepreneur it blames for funneling off as much as £150 million ($193 million) to fund his lavish lifestyle. Thurrock Council, in Essex, southeast England, was declared bust in 2022 after its leveraged bets worth hundreds of millions of pounds on solar energy backfired. The […]