Tag: PMN Business

Nov 30

Eon CEO Urges Germany to Slow Wind, Solar Push Amid Grid Strain

Renewable output has an increasingly strong influence on both long-term and short-term power prices, and when generation dips, coal- and gas-fired plants fill the gap. Birnbaum said he favored scaling back Germany’s renewable build-out targets, saying that power demand in Europe has been flat for years, in contrast with earlier projections tied to electrification. 
Nov 29

Trump says Venezuelan airspace should be viewed as closed. Maduro government slams ‘colonial threat’

The statement also said that U.S. immigration authorities had unilaterally suspended biweekly deportation flights of Venezuelan migrants. Following negotiations between the two governments, more than 13,000 Venezuelans have been deported to Venezuela this year on dozens of chartered flights, the latest of which arrived late Friday in Caracas, the capital, according to flight-tracking data.
Nov 29

Shoppers spend billions on Black Friday to snag holiday deals, despite wider economic uncertainty

“Black Friday has really turned into like a full week event, or even further,” said Grant Gustafson, head of retail consulting and analytics at Sensormatic Solutions. And “Black Friday is really the start of just a really and critical stretch for retailers,” he added — noting that the weekend following Thanksgiving, as well as the […]
Nov 29

AI country hit ‘Walk My Walk’ built on Blanco Brown’s sound sparks questions of attribution, ethics

The credits for the grit-filled, chant-heavy track “Walk My Walk” list Aubierre Rivaldo Taylor as one of the song’s creators, with streaming platforms such as Apple Music and Spotify identifying him as both the songwriter and producer. In recent months, Taylor has also been credited on streaming platforms as the songwriter and producer behind Defbeatsai […]
Jul 11

Jane Street Ban Weighs on NSE Market Valuation and Expiry Turnover

SEBI’s temporary trading ban on global trading firm Jane Street is rippling through India’s capital markets, not just by denting expiry day turnover at the NSE, but also by pulling down the exchange’s private market valuation. According to UnlistedZone, NSE shares are now trading between 2,100 rupees and 2,150 rupees apiece, nearly 10% below recent […]