Breadcrumb Trail Links PMN Business An abrupt decision to end fuel subsidies is both jump-starting a solar future and making electricity more expensive in Africa’s biggest city. Author of the article: Bloomberg News Yinka Ibukun Published Nov 06, 2023 • 9 minute read Join the conversation A man using his phone as a source of light […]
Article content (Bloomberg) — The largest shareholder in Origin Energy Ltd. has declined further talks with private equity firms Brookfield Asset Management and EIG Global Energy Partners over a A$19.4 billion ($12.6 billion) takeover plan. AustralianSuper has maintained its commitment to scupper the deal during the weekend, according to people familiar with the matter who […]
Article content (Bloomberg) — Uruguay’s President Luis Lacalle Pou on Saturday reshuffled his cabinet amid accusations that members of his government tried to obstruct an investigation into a passport issued to an alleged drug trafficker. The president accepted the resignation of the senior leadership of the foreign relations and interior ministries but denied the country […]
Breadcrumb Trail Links PMN Business China’s deflationary pressures just aren’t going away, underscoring the fragility of the economic recovery as 2023 enters the home stretch. Author of the article: Bloomberg News Bloomberg News Published Nov 04, 2023 • 7 minute read Join the conversation e(guv06)cx]15idjhw1(e]b4_media_dl_1.png Sources: Central banks, Bloomber Article content (Bloomberg) — China’s deflationary […]
Breadcrumb Trail Links PMN Business Germany’s next election isn’t due until 2025 but campaigning is already up and running and Robert Habeck has seized the early initiative. Author of the article: Bloomberg News Kamil Kowalcze Published Nov 04, 2023 • 4 minute read Join the conversation j9zrkzmo7fjyfpz}s]hcwz04_media_dl_1.png Source: INSA Article content (Bloomberg) — Germany’s next […]
Article content (Bloomberg) — Singapore’s government will get powers to block takeovers of key entities, including those that act against national security interests and change ownership or control in the two years before a proposed new law comes into effect. The proposed Significant Investments Review Bill, expected to be enacted next year, would require buyers […]
Article content (Bloomberg) — Singapore plans to screen investments more closely in sectors critical to its national interests, as part of a new regime to boost security without undermining the Asian financial hub’s reputation for ease of doing business. The proposed Significant Investments Review Bill seeks to allow the government to review ownership or control […]
Breadcrumb Trail Links PMN Business Emmanuel Macron is beefing up France’s arsenal of strategic tools to protect vulnerable firms against foreign buyers with deep pockets, with a particular eye on the US and China. Author of the article: Bloomberg News Ania Nussbaum and William Horobin Published Nov 02, 2023 • 4 minute read Join the […]
Article content (Bloomberg) — Egypt looks poised to hold interest rates again Thursday as the latest Middle Eastern conflict on its borders gives the economically troubled country a further reason to tread carefully. The North African nation was already expected to save its next bout of monetary tightening until it enacts another much-anticipated currency devaluation […]
Breadcrumb Trail Links PMN Business A collapse in home building threatens to intensify shortages for years to come Author of the article: Bloomberg News Laura Malsch and Niclas Rolander Published Nov 02, 2023 • 6 minute read Join the conversation wyfy(tf(a5g61r{j}k4n6]7t_media_dl_1.png Sources: Ifo, German Federal Sta Article content (Bloomberg) — In a leafy neighborhood in […]