Article content BERLIN — European Union industry chief Thierry Breton said on Thursday it was uncertain whether a pipeline connecting the Spanish and French gas grids would be profitable. German Chancellor Olaf Scholz last month pushed for the construction of a pipeline from Portugal through Spain and France to central Europe to help wean Europe […]
Article content SINGAPORE — Apple Inc on Wednesday kept prices for its latest iPhone stable in the United States, but raised prices in some Asian countries where currencies have dropped against the dollar in the past year. Buyers of the basic iPhone 14 in Japan – where the yen has slumped 24% since September – […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Jan Strupczewski Article content BRUSSELS — Byzantine, politicized or just plain stupid, European Union fiscal rules have been called many names and changed many times. Now the EU is starting another debate to reform them as it faces overlapping crises the rules were not designed […]
Article content NEW DELHI — Amazon.com Inc said on Thursday it has removed from its Indian marketplace listings of products that disable car seatbelt alarms, a day after the country’s transport minister said he had asked the company to act against such devices. Road safety issues have been in the spotlight in India after business […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Pavel Polityuk Article content KYIV — President Vladimir Putin said on Wednesday he wanted to discuss reopening a U.N.-brokered deal that allows Ukraine to export its grain via the Black Sea after accusing Kyiv and the West of using it to deceive developing countries and […]
Article content VLADIVOSTOK — President Vladimir Putin said on Wednesday that Russia will stop supplying gas and oil if price caps are imposed on Russia’s energy resources. Speaking at an economic forum in Vladivostok, Putin blasted Europe’s calls for a price cap on Russian gas as “stupid,” and said Russia would walk away from its […]
Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Publishing date: Sep 07, 2022 • 11 minutes ago • 2 minute read • Join the conversation Article content TAIPEI — Taiwan’s exports eked out growth in August helped by demand for technology products, though shipments to China dropped on economic woes there and the […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Marc Jones Article content LONDON — European stock markets, the euro and the pound all clawed higher on Tuesday as previously surging gas prices slipped back 10%, although government bond market costs continued to rise and Japan’s yen hit a fresh 24-year low. The mood […]
Breadcrumb Trail Links PMN Business Author of the article: Article content TAIPEI — Taiwan’s inflation cooled in August, with the consumer price index (CPI) up 2.66% from a year earlier, an unexpectedly gentler reading and a trend likely to continue, giving the central bank more flexibility on when to raise interest rates. The pace slowed […]
Article content VLADIVOSTOK — Russia’s VTB Bank is interested in an asset swap with Russian subsidiaries of European lenders as it seeks to recover some 600 billion roubles ($9.86 billion) in frozen assets it has in the West, its Chief Executive Andrei Kostin said on Tuesday. Western countries and allies, including Japan, have piled financial […]