Article content (Bloomberg) — The biggest US companies are badly trailing their Chinese counterparts when it comes to generating income from solar, wind, nuclear and other types of renewable energy. Companies that make up the S&P 500 produce just 3.4% of their revenue from clean-energy sources, which is roughly half what companies on the Shanghai […]
Article content (Bloomberg) — Chancellor Jeremy Hunt reiterated the UK government’s pledge to halve inflation this year, saying pressures on household budgets will soon begin to ease. Hunt released a statement ahead of Parliament’s return on Monday. He said adhering to he plans of Prime Minister Rishi Sunak’s administration to tackle inflation was the best […]
Breadcrumb Trail Links PMN Business China’s trade and inflation data this week will likely signal that the economy’s recovery remains fragile, keeping pressure on policymakers to roll out more stimulus. Author of the article: Bloomberg News Bloomberg News Published Sep 02, 2023 • 6 minute read Join the conversation Article content (Bloomberg) — China’s trade […]
Article content MOUNT DORA, Fla. (AP) — Some central Florida lawmakers said they were considering “all legislative, legal and executive options available” to stop business owners in a small town from voluntarily displaying rainbow decals in their windows indicating that they are “safe place” for LGBTQ+ people who feel threatened. Four Republican lawmakers wrote a […]
Article content (Bloomberg) — Hello from London, where September brings the return of political wrangling, school (for some) and rail strikes (though those never really went away during the summer). Article content Grant Shapps is back too, shuffling up the front bench as defence secretary from the energy security and net zero role he took […]
Article content (Bloomberg) — China’s reliance on coal — and how to reduce it — was a key topic of discussion at an international group this week as nations work to solve one of the thornier global climate issues, Canadian Environment Minister Steven Guilbeault said. China uses more coal for electricity generation than all other […]
Article content (Bloomberg) — Fortescue Metals Group Ltd., the world’s fourth-largest iron ore miner, is being hit by an executive exodus, with former Reserve Bank of Australia deputy governor Guy Debelle becoming the third to resign this week. Debelle said by phone on Friday that he had resigned from the board of the company’s new […]
Article content LOS ANGELES (AP) — A pair spinoffs of “The Walking Dead” and the next season of “Interview With the Vampire” can resume production despite the ongoing Hollywood strikes after reaching an agreement with the actors’ union. The three AMC series are the highest-profile television productions yet to get what’s known as an interim […]
Breadcrumb Trail Links PMN Business China’s march to dominance looks to be stalling alongside its economy. Author of the article: Bloomberg News Shawn Donnan, Viktoria Dendrinou, Alessandra Migliaccio and Philip Aldrick Published Aug 31, 2023 • 10 minute read Join the conversation Article content (Bloomberg) — In China’s current economic travails, US and other Group […]
Breadcrumb Trail Links PMN Business A faltering offsets program points to new problems with the corporate world’s favorite “climate solution.” Author of the article: Bloomberg News Alastair Marsh, Will Mathis and James Herron Published Aug 30, 2023 • 11 minute read Join the conversation Article content (Bloomberg) — Six months after becoming the chief executive […]