Article content (Bloomberg) — In the picturesque Bavarian city of Augsburg, 500 homes will soon be kept warm using excess heat from a nearby Rolls Royce Solutions factory. In Leipzig, a similar project involving a TotalEnergies SE refinery received federal funding last month. The efforts mark part of a broader push to turn Germany’s massive […]
Article content (Bloomberg) — Infineon Technologies AG Chief Executive Officer Jochen Hanebeck said that “full-scale recovery is not yet in sight” after the hoped-for resurgence in the electric vehicle market was delayed. Sales fell 9.5% to €3.7 billion ($4 billion) in the quarter from the same period a year ago, the company said in a […]
Breadcrumb Trail Links PMN Business Searing temperatures wreak havoc on transit and power lines Author of the article: Bloomberg News Nacha Cattan and Sri Taylor Published Aug 05, 2024 • 6 minute read Commuters at the New Jersey Transit train platform at Penn Station in New York on June 18. Photographer: Yuki Iwamura/Bloomberg Photo by […]
Breadcrumb Trail Links PMN Business A slice of Abu Dhabi has come to El-Arish, a small city in Northern Sinai about 50 kilometers from Gaza. Once rarely visited by outsiders, the coastal spot now teems with Emirati volunteers wearing cargo pants and beige vests adorned with the flag of the United Arab Emirates. Author of […]
Article content (Bloomberg) — Venture Global LNG Inc., a US liquefied natural gas developer, is requesting a court order to prevent the release of confidential information to Shell Plc amid contract disputes between the two companies over a facility in Louisiana. The Arlington, Virginia-based company petitioned for a temporary restraining order and preliminary injunction against […]
Breadcrumb Trail Links PMN Business Low-income Americans propelled Biden to 2020 win — then soured on him Author of the article: Bloomberg News Amara Omeokwe, Mark Niquette and Jeff Green Published Aug 03, 2024 • 6 minute read lkvpds8ag9432q3bluo{82cw_media_dl_1.png Bloomberg Article content (Bloomberg) — Kamala Harris’s sudden ascent to the top of the Democratic ticket is showing signs of reinvigorating […]
Breadcrumb Trail Links PMN Business Keir Starmer’s Labour Party likely hoped their first UK election win in almost two decades would yield a political honeymoon at least through the summer. But in less than a month, the challenges of governing a brittle nation have rapidly dispelled any lingering sense of euphoria. Author of the article: […]
Article content (Bloomberg) — Italy registered an increase in power prices last month, the first year-on-year gain since 2022 and a departure from the Europewide trend. The nation’s average day-ahead price eked out a 0.6% gain from a year earlier, compared with declines of 13% in Germany and 39% in France. That reflects high air-conditioning […]
Breadcrumb Trail Links PMN Business A few geoscientists pushed a reluctant energy giant to take a chance on Guyana. Author of the article: Bloomberg News Kevin Crowley Published Aug 01, 2024 • 13 minute read mj{r9t3e0o4zqhzxge4c5959_media_dl_1.png Bloomberg Article content (Bloomberg Markets) — Scott Dyksterhuis was convinced. Or as convinced as you can be when predicting […]
Breadcrumb Trail Links PMN Business In Michigan, a new law aims to quash not-in-my-backyard local challenges to renewable energy projects. But communities remain bitterly divided. Author of the article: Bloomberg News Drew Hutchinson and Daniel Moore Published Aug 01, 2024 • 10 minute read A sign opposing farms leasing to solar companies in Milan, Michigan. […]