Article content (Bloomberg) — A top official with a China-led development bank expressed faith in Beijing’s latest round of economic stimulus while cautioning that results may not be immediate. “It will take little bit more time but I’m confident that all these measures taken by the Chinese government will be effective,” Jin Liqun, president of […]
Article content (Bloomberg) — Russian demands in the Group of 20 that countries need to cooperate are a mockery given its invasion of Ukraine in 2022, Bundesbank President Joachim Nagel said, blaming part of Germany’s economic troubles on the war. “We shouldn’t forget where this all started,” Nagel said in Washington on Saturday. “The downturn […]
Article content LONDON (AP) — Thieves with a nose for fine cheese have pulled off a massive cheddar ripoff in London. Neal’s Yard Dairy said a con artist posing as a wholesale distributor for a major French retailer had made off with 22 metric tons (48,488 pounds) of award-winning cheddar worth 300,000 British pounds ($390,000) […]
Article content (Bloomberg) — Senegal’s program with the International Monetary Fund needs to be reworked after an audit showed higher debt and budget deficit than previously reported. Authorities are aiming to meet all the conditions to reach a new agreement with the fund by the first quarter of 2025 at the latest, Finance Minister Cheikh […]
Breadcrumb Trail Links PMN Business A growing number of retirees are getting in on the climate fight, and they’re not afraid of getting arrested. Author of the article: Bloomberg News Olivia Rudgard Published Oct 26, 2024 • 6 minute read Cathy Fulkerson holds a Third Act brochure. Photographer: Emily Najera/Bloomberg Bloomberg Article content (Bloomberg) — […]
Article content (Bloomberg) — Mexico’s Senate voted to prohibit courts from challenging or suspending constitutional changes approved by Congress, an attempt to shield a battery of reforms from Supreme Court scrutiny as it reviews a controversial overhaul of the country’s judiciary. The Senate approved a proposed constitutional amendment to protect such reforms by a vote […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Gabriela Sa Pessoa And Eleonore Hughes Published Oct 25, 2024 • 3 minute read Cristiano Sales stands in front of the ruins of his house washed over by sludge in a 2015 collapse of a dam owned by the mining company Samarco, […]
Breadcrumb Trail Links PMN Business General Motors Co. said governments in Canada are pulling back on subsidies for electric cars at an awkward time — just as they want carmakers to ramp up sales of cleaner vehicles. Author of the article: Bloomberg News Thomas Seal Published Oct 24, 2024 • 2 minute read A Chevrolet […]
Breadcrumb Trail Links PMN Business Mozambique’s ruling-party candidate was declared the runaway winner of presidential elections as tensions over fraud claims put the southeast African nation on edge and sent its bonds plunging. Author of the article: Bloomberg News Matthew Hill and Borges Nhamire Published Oct 24, 2024 • 2 minute read Article content (Bloomberg) […]
Article content LONDON (AP) — Britain’s competition watchdog said Thursday it’s opening a formal investigation into Google’s partnership with artificial intelligence startup Anthropic. The Competition and Markets Authority said it has “sufficient information” to launch an initial probe after it sought input earlier this year on whether the deal would stifle competition. Article content The […]