Breadcrumb Trail Links PMN Business Whichever political party wins the UK general election on July 4, a massive debt hangover is in store, severely limiting what the poll-leading Labour Party or governing Conservatives can do in office. Author of the article: Bloomberg News Philip Aldrick and Andrew Atkinson Published Jun 02, 2024 • 4 minute […]
Article content (Bloomberg) — Icelandic entrepreneur and investor Halla Tomasdottir headed toward a victory in presidential elections, leaving former premier Katrin Jakobsdottir trailing. Tomasdottir had the backing of 32.8% of voters against 25.7% for Jakobsdottir, state-owned broadcaster RUV said in the early hours of Sunday. The former government leader congratulated Tomasdottir, saying she’d make a […]
Breadcrumb Trail Links PMN Business Ukraine’s manpower shortage is beginning to bite. Author of the article: Bloomberg News Volodymyr Verbianyi Published Jun 01, 2024 • 5 minute read An worker at a Metinvest steel works in Zaporizhzhia, Ukraine. Photographer: Vincent Mundy/Bloomberg Photo by Vincent Mundy /Bloomberg Article content (Bloomberg) — Ukraine’s manpower shortage is beginning […]
Breadcrumb Trail Links PMN Business India has turned into Asia’s hottest market for share sales including initial public offerings, and as elections come to a close, a bumper crop of deals is poised to set a record as investors seek to tap the rapid growth in the region’s third-largest economy. Author of the article: Bloomberg […]
Article content (Bloomberg) — South Korea should target major additions of renewables and nuclear power by late next decade to curb emissions and meet surging demand from data centers to semiconductor manufacturing, according to a government proposal. The world’s eighth-largest emitter can aim to lift the share of renewables in its power mix to almost […]
Breadcrumb Trail Links PMN Business Europe is set for a cool start to summer, as wet and breezy conditions extend into June, before giving way to higher temperatures toward the end of the month. Author of the article: Bloomberg News Priscila Azevedo Rocha Published May 31, 2024 • 2 minute read ve[nz79wfk9loq6(53ue[r[{_media_dl_1.png European Centre for […]
Article content (Bloomberg) — Aluminum extended gains to a two-year high after China, the biggest producer, tightened capacity controls across an array of metals to meet emission-cutting goals. The light metal used in everything from window frames to solar panels has climbed with other base metals this year as expected US monetary easing and China’s […]
Article content (Bloomberg) — Thai energy producer B.Grimm Power PCL is seeking as much as $600 million in private debt to build an offshore wind farm in South Korea, according to people familiar with the matter. The power firm would pledge its shares in the wind-farm project company as collateral to secure the three-year loan, […]
Breadcrumb Trail Links PMN Business A confluence of tailwinds is helping Malaysian equities outperform the region and the return of foreign funds points to further gains. Author of the article: Bloomberg News Abhishek Vishnoi Published May 30, 2024 • 3 minute read 0147ueh9ex(cqldgdgpsjucn_media_dl_1.png Bloomberg Article content (Bloomberg) — A confluence of tailwinds is helping Malaysian […]
Article content (Bloomberg) — Brookfield is nearing the purchase of a 53% stake in Neoen SA in a deal valuing the French renewable energy developer at about €6.1 billion ($6.6 billion), people familiar with the matter said. As part of the transaction, the Canadian asset manager is buying the 42%-owned by French billionaire Jacques Veyrat’s […]